crypto regulation

In the wake of a U.S. federal court directing the Securities and Exchange Commission (SEC) to reconsider its rejection of Grayscale Investments (OTC: GBTC) Bitcoin (CRYPTO: BTC) ETF bid, industry leaders voiced strong opinions. Some asked the regulatory watchdog to introspect its...

Christian Borel, senior executive officer at SEBA Bank MENA, highlighted the stark differences in regulatory approaches between the United Arab Emirates (UAE) and the U.S. towards the burgeoning crypto industry. "What the United Arab Emirates (UAE) has built is unique: an efficient, solid...

In the dynamic world of digital assets, regulatory bodies are in a continuous race to keep up. With the recent decision by the National Futures Association (NFA) to approve Coinbase Global Inc (NASDAQ: COIN) as a Futures Commission Merchant (FCM), all eyes are now on the Securities and...

Miami Mayor and U.S. Presidential candidate Francis Suarez is known for his pro-Bitcoin (CRYPTO: BTC) stance, especially if it's in the form of a campaign donation. What Happened: "Officially, my campaign is accepting Bitcoin," he announced on CoinDesk TV. Contributors can now make a...

Coinbase (NASDAQ: COIN) CEO Brian Armstrong has expressed his commitment to continue operations in the U.S., even if it loses its ongoing lawsuit against the Securities and Exchanges Commission. He also expressed his firm's determination to challenge the cease and desist orders...

INX chief financial officer Renata Szkoda is urging companies to "think critically before launching tokens." INX, unlike its peers, has managed to avoid regulatory drama due to its commitment to compliance, she says. The company chose to take the regulatory route in 2017, during the...

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Richard Heart and his cryptocurrency projects, including Hex, PulseChain and PulseX. What Happened: Heart, also known as Richard Schueler, raised more than $1 billion through the sale of unregistered securities, the SEC...

In the wake of the U.S. Securities and Exchange Commission's (SEC) directive to Coinbase (NASDAQ: COIN) to halt trading on all cryptocurrencies except Bitcoin (CRYPTO: BTC), industry experts argue that these actions could violate the financial watchdog's mission of protecting investors...

In response to the U.K. Treasury Committee's recommendations to regulate crypto assets as gambling instruments, U.K. Financial Services Minister Andrew Griffith expressed the Finance Ministry's firm disagreement with such a proposal. In a letter to the Treasury Committee, Griffith...

Amid the U.S. Securities and Exchange Commission (SEC) onslaught against major industry players such as Coinbase Global Inc (NASDAQ: COIN) and Binance (CRYPTO: BNB), U.S. Rep. Ritchie Torres (D-N.Y.) wrote a letter to SEC Chair Gary Gensler, urging the agency to...

The outcome of the SEC v. Ripple (CRYPTO: XRP) case is seen as a pivotal moment in shaping future U.S. crypto regulation, according to a report by Cantor Fitzgerald. The report, which quoted an interaction with Pacific Street Managing Director Gareth Rhodes, suggested that...

An association of global central banks expressed doubt to the finance ministers of the world's 20 biggest economies about cryptocurrency's suitability as a financial instrument due to "intrinsic structural defects." What Happened: The Bank for International Settlements (BIS) wrote...

U.S. Securities and Exchange Commission chief Gary Gensler is taking the lead in regulating the crypto industry, while Republicans have yet to propose any restraints on his authority. With the 2024 campaign season approaching, and Democrats controlling the Senate, time is running out for GOP...

Valkyrie has become the latest issuer to resubmit an application for a Bitcoin exchange-traded fund after th Securities and Exchange Commission deemed the initial documents inadequate. What Happened: The firm, based in Nashville, Tennessee, revealed in its filing that Coinbase Global...

Pan Gongsheng, a well-known critic of Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) and other cryptocurrencies, has been appointed as the leading official of the People's Bank of China (PBOC) by the Communist Party of China. What Happened: Quoting a Wall Street Journal report, The Block...