Regulation Financial News

18.09 / 23:05

Law regulation SEC Court SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US

Hester Peirce, one of five commissioners with the United States Securities and Exchange Commission (SEC) and an outspoken proponent of crypto, has urged lawmakers and regulators for clarity on digital assets.

18.09 / 19:59

Binance regulation SEC hearing Binance vs SEC: Hearing in Washington, DC, over BAM motion to compel starts now

Binance CEO Changpeng Zhao played it cool in the hours leading up to the hearing in District of Columbia District Court on Sept. 18, posting a picture of branded merchandise with a cheery message about the company’s interns.

18.09 / 19:59

CBDC Binance regulation SEC Europe European Union SEC accuses Binance of noncooperation, court unseals case documents: Law Decoded

The legal struggle between crypto exchange Binance and the United States Securities Exchange Commission (SEC) continues. The SEC has accused Binance.US of noncooperation in the ongoing investigation. The agency points out that Binance.US’s holding company, BAM, has produced only 220 documents during the discovery process. Many of those materials “consist of unintelligible screenshots and documents without dates or signatures,” the SEC said. The regulator added that BAM has refused to produce essential witnesses for deposition, instead agreeing only to four depositions of witnesses it has unilaterally deemed appropriate.

18.09 / 19:59

regulation Elections 2024 Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections

Tom Emmer, majority whip of the United States House of Representatives and crypto proponent, says that digital assets have become a “sleeper issue” in U.S. politics, both at the state and federal levels.

18.09 / 18:07

Ethereum Adoption XRP ETF regulation Cardano Bitcoin Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares

Outflows from crypto exchange-traded products (ETPs) reached $455 million over the previous nine weeks, according to a report from asset manager CoinShares. Outflows from ETPs generally indicate negative sentiment towards cryptocurrencies.

18.09 / 17:41

business Binance regulation SEC SEC claims Ceffu wallet provider is 'Binance-related' in motion against BAM

In its latest filing regarding its motion to compel against BAM, the holding company for Binance.US, the United States Securities and Exchange Commission (SEC) has claimed that Ceffu, a wallet provider, is indeed “Binance-related.” This is in contradiction to claims made by Binance in earlier court documents.

18.09 / 17:41

regulation BItlicense NYDFS guidance regulatory NYDFS calls for public feedback on proposed crypto regulatory guidance

The New York State Department of Financial Services, or NYDFS, has called on the public to provide feedback to a proposal aiming to strengthen regulatory requirements for crypto firms operating in the state.

18.09 / 13:19

business Blockchain regulation Europe European Union Bitcoin consultation crypto rules Malta begins public consultation on revised crypto rules to align with MiCA

Malta’s Financial Services Authority (MFSA) has begun public consultation over changes in its crypto regulations in order to align with Europe’s Markets in Crypto-Assets (MICA) regulations set to take effect in December 2024. The public consultation period is open until Sept. 29.

18.09 / 10:39

Blockchain regulation crimes OTC Bitcoin Regulation South Korea focuses on OTC crypto regulations as unlawful deals reach $4B

South Korean regulators have turned their focus to over-the-counter (OTC) crypto trades amid growing concerns about their use for criminal activities. The financial regulators in the country are reportedly monitoring trading in the OTC crypto market.

18.09 / 09:37

business regulation Police Influencer Crypto influencer arrested in Hong Kong for JPEX association

A Hong Kong-based social media influencer has reportedly been arrested after investigations around the liquidity crisis of the crypto exchange JPEX traced back their involvement.

18.09 / 09:37

CBDC Adoption regulation Agency regulatory Kazakhstan establishes regulatory agency to implement CBDC

The National Bank of Kazakhstan (NBK) has established a separate entity to lead the development and implementation of the country’s central bank digital currency (CBDC), the digital tenge.

18.09 / 07:41

regulation Senate Taxes Senators 9 US senators publicly back Elizabeth Warren’s crypto bill

Nine United States Senators have added their support to Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, according to a statement from Warren’s office.

18.09 / 01:55

business Law regulation JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis

Dubai-based cryptocurrency exchange JPEX has slammed regulators and “third-party market makers” for a liquidity crisis that has seen the platform hike withdrawal fees and suspend certain operations.

17.09 / 23:07

Blockchain regulation Central Bank banking Hong Kong central bank warns against crypto firms using banking terms

The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws.

17.09 / 21:23

business Binance regulation Trading SEC Binance.US exchange volume slumps amidst crisis

Trading activity on Binance.US has reached new lows in September, as the crypto exchange faces unprecedented challenges. On Sep. 16, exchange volume stood at $5.09 million on Binance.US, as reported by Amberdata on The Tie Terminal.

17.09 / 16:59

CBDC regulation Digital Dollar lawmakers US lawmakers US lawmakers advance legislation blocking the digital dollar

The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency.

17.09 / 11:07

Blockchain regulation Central Bank banking Hong Kong central bank warns against crypto firms using banking terms

The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws.

17.09 / 06:43

Law regulation FTX YouTube Bankruptcy stars settlement NRL and Youtube stars reach settlement in FTX class-action lawsuit: Report

NRL quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash have reportedly settled a lawsuit over alleged inadequate compensation disclosure in their promotions for the now-defunct cryptocurrency exchange FTX.

15.09 / 23:45

business Blockchain Adoption Binance CFTC regulation SEC Binance CEO responds to rumors, says US executive is 'taking a deserved break'

Binance Holdings CEO Changpeng Zhao (CZ) has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he is “taking a deserved break" after a successful stint at the company.

15.09 / 22:07

regulation Fraud FTX Money laundering Trial Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions

On Sept. 15, the United States government responded to questions the defense has suggested posing to potential jurors during their selection for the case against former FTX CEO Sam Bankman-Fried. He faces seven charges of fraud and money laundering in connection with the collapse of the cryptocurrency exchange that could land him in prison for decades.

15.09 / 21:29

Law regulation Gemini Court Digital Currency Group Gemini legal team accuses DCG of 'gaslighting' Genesis creditors

Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global.

Regulation Financial News

popular questions about regulation

What is regulation and why is it gaining attention?

Where can I find the latest updates on regulation?

How can I verify the accuracy of information on regulation?