Crypto Regulation
South Korean Regulator Takes Aim At OTC Crypto Trading
South Korea’s customs agency recently highlighted crypto trading’s role in illegal forex transactions. The Financial Services Commission (FSC) has also taken note of OTC crypto trading’s role in financial crimes....
Hong Kong’s Financial Watchdog Warns Against Disguised Crypto Firms
The Hong Kong Monetary Authority (HKMA) recently released a warning against the crypto-related companies that identify themselves as “banks” and their products as “deposits”. The financial watchdog further suggested the...
Crypto Regulator Peter Motor Resigns, NYDFS Searches for the Next Chief
Peter Marton, Deputy Superintendent of Virtual Currency at NYSDFS, is set to depart on September 29. Marton will leave his post to pursue private sector opportunities, according to superintendent Adrienne...
Stoner Cats NFTs Face SEC; Critics Question Settlement’s Legitimacy
In its regulatory move against NFT offerings, the U.S. Securities and Exchange Commission (SEC) has classified Stoner Cats NFTs as unregistered securities. The company behind the NFTs, Stoner Cats 2...
CFTC Charges Opyn, ZeroEx, and Deridex — Are DeFi Activities Illegal?
The Commodity Futures Trading Commission (CFTC) recently took enforcement actions against Opyn, ZeroEx, and Deridex, sending a stern message to the decentralized finance (DeFi) community. Opyn, Inc., headquartered in California,...
Grayscale Urges SEC to Approve GBTC Conversion to Bitcoin ETFs
Grayscale Investments reportedly urged the Securities and Exchange Commission (SEC) to approve the company’s application for the conversion of Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF), claiming that...
Is India About to See Its First Crypto Regulatory Pronouncement?
According to a statement from India‘s Finance Minister, Nirmala Sitharaman, discussions are underway regarding establishing a regulatory framework for cryptocurrencies. Reuters captured this development in a report earlier today. The...
Ripple Labs Objects SEC’s Request for Interlocutory Appeal: Lawyer Comments
Ripple Labs filed a motion, objecting to the SEC’s request for an interlocutory appeal in the ongoing lawsuit. Bill Morgan shares insights on Ripple Labs’ move, reinforcing his positive view...
BlackRock’s Bitcoin ETF in Limbo: What’s Behind the SEC’s Latest Delay?
The U.S. Securities and Exchange Commission (SEC) has, once again, delayed its ruling on spot market Bitcoin exchange-traded funds (ETFs). Led by Gary Gensler, the Commission opted to postpone a...
SEC Reasseses Court Opinion After Losing in Grayscale Case
Journalist Eleanor Terrett of FOX Business took to Twitter today to unveil a statement from the U.S. Securities and Exchange Commission (SEC) about their next steps in the ongoing Grayscale...
Binance Aided Investigative Action That Led to Arrest of ISIS Members
The world’s largest crypto exchange, Binance, says intelligence provided by its investigations team helped in the recent arrest of prominent and wanted members of a branch of the ISIS terror...
Thailand Could Shut Down Facebook for Promoting Crypto Scam Ads
The government of Thailand has reportedly taken the initiative to request the court for a legal closure of Mark Zuckerberg’s social media platform Facebook in the country, concerning the platform’s...
SEC Files Interlocutory Appeal: Ripple CTO Explains Legal Aspects
David Schwartz comments on the SEC’s recent filing of the interlocutory appeal in the ongoing SEC-Ripple lawsuit. Schwartz clarifies that the SEC has the right to move forward with the...
Crypto-Assets Present Novel and Complex Risks: FDIC 2023 Risk Review
The crypto-asset sector witnessed substantial market volatility throughout 2022 that revealed several vulnerabilities within the industry. Even so, its remarkable growth saw numerous banks express interest in engaging in crypto-asset...
Crypto Lawyer Says Luck Played A Major Role In XRP Ruling
Crypto lawyer John Deaton recently stated that the summary judgment in the Securities and Exchange Commission’s controversial lawsuit against Ripple wouldn’t have been possible without the efforts of the crypto...
Bittrex Settles SEC Lawsuit for $24 Million: SEC Receives Criticism
John E Deaton, an XRP lawyer and founder of the crypto regulatory news platform CryptoLaw, shared a thread on X earlier today, lambasting the Securities and Exchange Commission (SEC) for...
Uzbekistan Ramps up Crypto Adoption, Issuing New Regulatory License
Vladimir Norov, the former Minister of Foreign Affairs of Uzbekistan shared a Twitter thread earlier today, announcing that the payment platform Paynet Crypto has acquired a license for its crypto...
SEC, Not Judge — Legal Expert Backs Torres’ Decision to Categorized Sales
In a recent analysis of the ruling in the SEC v. Ripple case, legal expert Bill Morgan defends the Torres decision, stating that he sees no error in the judge’s...
Crypto Analyst Calls Out SEC for Controversy in the Ripple Case
Mr. Huber, in a Twitter post, alleges that the SEC didn’t want to discuss XRP status with Ripple Labs. The crypto analyst also accused the SEC of favoring crypto entities...
SEC’s Treatment of Ethereum vs. Ripple: Why Did They Play Favorites in Crypto?
Newly uncovered documents have brought to light intriguing insights into the operations of the Securities and Exchange Commission (SEC) and its decision-making process in the realm of cryptocurrencies. A crypto...
Crypto Clarity in Asia Enhances With Hong Kong’s New Regulation Move
Hong Kong licensed trading platforms under a new digital-asset framework, Bloomberg reported. HashKey and OSL, both crypto exchange platforms, received licenses from Hong Kong’s Securities and Futures Commission (SFC) for...
Analyst: Political Pressure Surrounds Crypto ETF Applications
In a recent interview, crypto influencer Lark Davis asked Raoul Pal, the renowned writer of the Global Macro Investor Report, to share his thoughts on the Bitcoin exchange-traded fund (ETF)...
XRP Ruling Sets Legal Precedent: Chamber of Digital Commerce
Fox reporter Eleanor Terrett took to Twitter earlier today to share the Chamber of Digital Commerce’s latest analysis and impact report on the Ripple ruling. The chamber expressed its satisfaction...
Gary Gensler Is a Politician Before He Is Anything Else: Lawyer Deaton
Prominent crypto lawyer John Deaton accused Securities and Exchange Commissions’ (SEC) Chair Gary Gensler of prioritizing political ambitions over the interests of retail investors. Deaton’s allegations come amid emerging patterns...
DOJ Evaluates Pros and Cons Before Deciding on Binance Charges
Crypto analyst Autism Capital expresses surprise at the Department of Justice’s (DOJ) concern over the potential fallout from filing charges against Binance. The DOJ seems to be worried that such...
