Regulation Financial News

27.09 / 09:15

Government regulation Bitcoin CommEX exits Binance fully exits Russia with sale to CommEX

Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to a newly launched crypto exchange business known as CommEX.

27.09 / 09:15

Adoption regulation SEC Gensler testimony — Crypto enforcement actions driven by “wide-ranging noncompliance”

The United States House Financial Services Committee will hear how the Securities and Exchange Commission is changing its oversight and rules to keep pace with technological advancements, including cryptocurrencies and artificial intelligence.

27.09 / 09:15

Ethereum Binance regulation coinbase censorship OFAC compliance Ethereum OFAC compliance dips to 45% post-Merge upgrade

The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid down by the Office of Foreign Assets Control (OFAC).

27.09 / 02:39

business Law regulation Fraud FTX Court Fried Sam Sam Bankman-Fried's political donations can be surfaced in trial, rules judge

Prosecutors from the United States Department of Justice will be allowed to surface the details of Sam Bankman-Fried’s political donations as the evidence is directly relevant to his fraud charges, ruled U.S. District Judge Lewis Kaplan.

26.09 / 23:57

business Ethereum regulation FTX Bankruptcy Bitcoin Customers Crypto lender BlockFi gets court nod to repay customers

The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court in New Jersey approved its liquidation plan.

26.09 / 21:07

ETF regulation Investments SEC Bitcoin 21Shares SEC pushes deadline for ARK 21Shares spot Bitcoin ETF to January

The United States Securities and Exchange Commission (SEC) is taking the maximum time allowed for the regulator to reach a decision on a spot Bitcoin (BTC) exchange-traded fund, or ETF, offering from ARK 21Shares.

26.09 / 20:37

Government ETF regulation Investments SEC bitcoin etfs US lawmakers spot bitcoin ETFs US lawmakers call on SEC chair to approve spot Bitcoin ETFs 'immediately'

Four members of the United States Congress are requesting Securities and Exchange Commission (SEC) chair Gary Gensler “immediately” approve the listing of spot Bitcoin (BTC) exchange-traded funds, or ETFs.

26.09 / 19:57

ETF regulation SEC Bitcoin Regulation Bitwise amends spot Bitcoin ETF application with new, detailed argumentation

Bitwise Asset Management has filed an amended application for a spot Bitcoin exchange-traded fund (ETF), beefing it up with 40 pages of new text responding to the United States Securities and Exchange Commission’s (SEC) objections to the product. It still might not be enough to satisfy regulatory requirements, though, a company executive warned.

26.09 / 19:57

Government Ripple regulation policies Former White House official will lead Ripple's policy and government arm

Lauren Belive, a former official with the White House’s Office of Legislative Affairs and policy director with the United States House Committee on Rules, has joined crypto firm Ripple as its head of U.S. public policy and government.

26.09 / 17:45

Stablecoin regulation Federal Reserve Terra Luna Reserve Financial US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’

The Federal Reserve Banks of Boston and New York published a staff report on Sep. 26 comparing stablecoins, such as USDT and USDC, to money market funds. Key findings in the report include the observation that stablecoins and money market funds follow similar patterns during runs and that stablecoins could inject instability into the broader financial system.

26.09 / 16:43

regulation Drugs crimes sanctions US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’

The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added a crypto wallet allegedly connected to a major international crime syndicate to its list of Specially Designated Nationals.

26.09 / 14:37

regulation transactions Bitcoin JPMorgan’s subsidiary Chase UK to restrict crypto transactions

Chase Bank, a digital bank owned by the investment bank JPMorgan, will restrict all cryptocurrency-related transactions for its customers in the United Kingdom.

26.09 / 12:21

regulation Oil and Gas Petro Agency reorganization 2024 Venezuela extends reorganization shutdown of crypto agency to March 2024

Venezuela was one of the first Latin American countries to establish its own crypto oversight body, the National Superintendency of Crypto Assets (Sunacrip). Now, the government says it will take six extra months to ‘reorganize” the entity, which de-facto stopped its work in March 2023.

26.09 / 12:21

regulation Bitcoin Taiwan bans unregistered foreign crypto exchanges from operating

Taiwan’s Financial Supervisory Commission (FSC) is moving to improve protections for cryptocurrency investors by introducing new rules.

26.09 / 12:21

regulation Bitcoin Regulation Peoples Bank of China Bitcoin Bitcoin gains legal recognition as digital currency in Shanghai China

The Shanghai Second Intermediate People's Court in China has reportedly recognized Bitcoin as a unique and non-replicable digital asset while acknowledging its scarcity and inherent value.

26.09 / 11:19

CoinGecko regulation CoinMarketCap Bitcoin Scams Bitcoin Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data

A number of cryptocurrency platforms reporting billions in daily trades on CoinMarketCap appear to have been misleading their customers about holding certain crypto licenses, an investigation by Cointelegraph has found.

26.09 / 10:37

regulation listings financial conduct authority FCA FCA: Changes to listing rules will make UK 'market of choice'

Sarah Pritchard, executive director, markets and international at the FCA

26.09 / 09:52

business Binance regulation Huobi CZ appoints Binance security team to track Huobi HTX stolen funds

Hours after the crypto exchange HTX (rebranded from Huobi) reported a hack that resulted in a loss of $8 million, Binance CEO Changpeng “CZ” Zhao offered the help of the exchange’s security team in investigating the attack.

26.09 / 08:11

Adoption Binance regulation Taiwan’s major crypto exchanges form association to advance industry interests

As the national regulators prepare to lay out their crypto regulation framework this month, Taiwan’s platforms have announced the establishment of an industrial association.

26.09 / 02:09

business Law regulation Court Bankruptcy reorganization Celsius creditors vote in favor of reorganization plan

The creditors involved in the Celsius bankruptcy case have voted in favor of a plan that will see funds returned to them as well as distributing equity through a new company.

25.09 / 21:57

Government regulation legislation Crypto bills could be delayed as many prepare for US gov't shutdown

The United States government could be shut down in the next 7 days with House Speaker Kevin McCarthy facing political pressure from members of his own party on how to handle spending plans — a decision that could adversely affect how lawmakers move forward with crypto bills awaiting a vote.

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