Regulation Financial News
28.07 / 10:40
regulation
Tax
DAO
Israeli Government Forms Special Team and Seeks Public Input on DAO Regulation
The Israeli government has established a special examination team tasked with regulating decentralized governance organizations (DAOs).
28.07 / 09:23
business
regulation
Bitcoin Regulation
services
Crypto.com registers in the Netherlands, cleared to advertise services
Crypto.com is the latest cryptocurrency firm to receive a green light from the Dutch central bank to offer its services in the country.
28.07 / 09:23
business
Mining
regulation
SEC
coinbase
Cybersecurity
us government
SEC adopts cyberattack disclosure rules, listed crypto firms included
Public companies in the United States, including listed crypto firms, will be required to disclose any major cybersecurity incidents within a four-day time limit under new rules adopted by the United States securities regulator.
28.07 / 09:23
Blockchain
Binance
CFTC
regulation
Binance, CZ challenge CFTC lawsuit, seek dismissal
Crypto exchange Binance and its CEO Changpeng “CZ” Zhao requested the dismissal of a lawsuit filed by the United States Commodity Futures Trading Commission (CFTC).
28.07 / 09:23
regulation
FTX
Bankruptcy
FTX, Genesis reach in-principle agreement to settle bankruptcy case
Bankrupt crypto exchange FTX and crypto lender Genesis have reached an agreement in principle to resolve the claims brought by FTX in its bankruptcy case.
28.07 / 04:53
Law
Stablecoin
regulation
Self Custody
week
'Historic week' as stablecoin, self-custody bills advance to House floor
The House Financial Services Committee has advanced another two landmark crypto bills previously under consideration — with one aiming to better regulate stablecoin issuers and another seen as positive for crypto self-custody in the United States.
28.07 / 01:51
business
ETF
regulation
SEC
coinbase
Grayscale
Bitcoin
bitcoin etfs
Grayscale urges SEC to approve all Bitcoin ETFs simultaneously
Crypto fund manager Grayscale is urging the Securities and Exchange Commission (SEC) to approve all proposed spot Bitcoin (BTC) exchange-traded funds (ETFs) at the same time to avoid one having an advantage.
27.07 / 21:27
regulation
SEC
Fraud
Digital Asset
accountants
SEC chief accountant warns accountants about liabilities when auditing crypto firms
Paul Munter, chief accountant of the United States Securities Exchange Commission (SEC), has released a statement warning accounting firms of their obligations to the agency when working with crypto firms. Allowing their finding to be misrepresented could have serious consequences, he said.
27.07 / 18:08
regulation
Congress
Digital Asset
legislation
decentralized marketplace
us house
committee
'Pro crypto bill' passes out of US House Agriculture Committee
Tact was pervasive in the United States House of Representatives Agricultural Committee’s consideration of the Financial Innovation and Technology for the 21st Century Act on July 27. With many references to bipartisanship and self-congratulatory mentions of the members’ cooperation and hard work, the committee plowed through a series of amendments calmly and quickly.
27.07 / 16:47
business
Stablecoin
regulation
analyst
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
Stablecoins cannot be compared to bank deposits in terms of risk, argues a new policy paper authored by former Federal Reserve Board analyst Brendan Malone on behalf of technology investment firm Paradigm.
27.07 / 16:19
regulation
lending
cryptocurrency investment
Nexo
regulatory
Nexo joins sanctions association as regulatory scrutiny increases
As regulatory scrutiny continues to circle the wider Web3 ecosystem, cryptocurrency lending platform Nexo will look to leverage training resources, connections and data by joining the Association of Certified Sanctions Specialists (ACSS).
27.07 / 16:19
Law
Stablecoin
regulation
Congress
negotiations
Stablecoin Bill
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on a stablecoin bill.
27.07 / 16:19
Law
regulation
Altcoin
ICO
EOS
Court
Block.one ICO damages ‘far beyond’ $22M, ENF founder says
The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose.
27.07 / 12:09
Government
Blockchain
regulation
Tokens
Hong Kong and Saudi Arabia collaborate on tokens and payments
Hong Kong is expanding its financial collaboration with the Kingdom of Saudi Arabia, targeting agreements related to tokenization and payments infrastructure.
27.07 / 09:51
regulation
coinbase
regulatory
Coinbase CEO to Americans: Urge reps to vote ‘yes’ on crypto regulatory clarity bills
Coinbase CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “yes” on the Financial Innovation and Technology for the 21 Century Act (FIT21), which may provide regulatory clarity for crypto.
27.07 / 02:15
Blockchain
Law
Adoption
regulation
white house
committee
Crypto bills pass congressional committee in 'huge win' for US crypto
A key United States House panel has approved a pair of bills that will be key to developing a regulatory framework for cryptocurrencies, reducing regulatory red tape for crypto, and setting clearer rules for the industry.
27.07 / 02:15
business
Adoption
Hackers
regulation
Cybersecurity
Scams
lazarus
Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3 million on July 22.
26.07 / 20:23
regulation
crimes
FTX
Court
Fried
Sam
bail
Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report
A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as "SBF," will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations of intimidation against Caroline Ellison.
26.07 / 19:51
regulation
IRS
Court
Taxes
Staking
Lawyers
Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report
Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed against the United States Internal Revenue Service (IRS) on calculating their taxes based on earnings from staking tokens.
26.07 / 19:31
regulation
SEC
SEC passes new ‘conflict of interest’ rules governing how brokers can use AI
The United States Securities and Exchange Commission (SEC) approved a set of sweeping changes to the rules governing the use of “optimization functions” by brokers in a committee vote on July 26.
26.07 / 16:59
business
regulation
Holdings
Crypto Holdings
capital rules
Canada proposes new capital rules for crypto holdings
Canada's financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed rules will simplify institutions' approach to perceived crypto risks, defining four categories of crypto assets and their capital treatment.
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