Crypto Regulation
CFTC Commissioner Wants Industry Standard Regulation For Crypto
Caroline Pham, one of the four commissioners of the U.S Commodities and Futures Trading Commission (CFTC), has called for global industry standards in the regulation of the crypto industry. In...
NY County Sued over Approval of Crypto Mining Operation
Clean Air Coalition of Western New York and Sierra Club represented by Earthjustice, a nonprofit public interest environmental law organization, filed suit with the Supreme Court of Albany County. The...
Russia Partners with Iran to Build Stablecoin for Cross-border Trades
Russian news outlet Vedomosti reported that Iran and Russia are collaborating on a “token of the Persian Gulf region” to be used for payment in international trade. According to Alexander...
Thailand’s SEC Issues New Regulations For Crypto Custodians
The Securities and Exchange Commission (SEC) of Thailand has brought forward a new set of regulations for digital asset service providers in the country. The new rules are part of...
Coinbase Is Getting Sued; Return Everyone’s SGB and FLR Back
Hodl Law, a cryptocurrency law firm, has filed a lawsuit against Coinbase for its alleged failure to distribute Songbird (SGB) and Flare tokens (FLR) to its customers as promised. The...
EU Finance Ministers’ Group Wants Digital Euro to Offer Privacy
Eurogroup which is a group of Finance Ministers within the European Union (EU) have said that they want Digital Euro to offer privacy as well as transparency. As per the...
Regulate Crypto Like Banks: Japan’s Financial Services Agency
Following the collapse of Sam Bankman-Fried’s FTX digital-asset exchange, Japan is calling on global regulators to treat cryptocurrencies with the same rigor as they do banks. Mamoru Yanase, the Deputy...
US House of Representatives Create New Cryptocurrency Committee
On Thursday, Congressman Patrick McHenry revealed that the U.S. House of Representatives has created a new congressional subcommittee that will work toward cryptocurrencies and other digital assets. The committee will...
RBI Governor Shares RBI’s Position: Crypto Should be Banned
The Governor of the Reserve Bank of India (RBI), Shaktikanta Das, while addressing the Business Today Banking and Economy Summit on Friday, underscored RBI’s position, reiterating the significance of banning...
Crypto Lawyer: XRP vs SEC Settles Only After Judge Torres Decision
Blockchain lawyer John Deaton recently aired his prediction about the crypto industry this year. Deaton declared that the multi-year legal battle between the Ripple blockchain (XRP) and the US Securities...
Grayscale Set to File Next Brief in Ongoing Lawsuit with SEC
According to a tweet from Grayscale’s chief legal officer Craig Salm, the asset manager is set to file the next brief in its ongoing lawsuit with the United State Securities...
Thai Regulator Queries Zipmex CEO for Alleged Ilegal Operations
According to local media reports, the Thailand Securities and Exchange Commission (SEC) is determining whether the bankrupt Zipmex crypto exchange violated state regulations by offering some digital asset services. The...
Ripple Asks Court to Deny SEC’s Motion to Seal Hinman Documents
In a filing of Ripple’s response, the crypto firm has asked the court to deny the US SEC’s motion to seal the controversial Hinman documents. Ripple’s response came after the...
Thai SEC Launches SEC Crypto Academy, E-Learning Platform
The Thai Securities and Exchange Commission (SEC) has launched a new online e-learning course “SEC Crypto Academy”, a platform where investors are bestowed with an opportunity to learn adequately about...
NY Attorney General To Sue Former Celsius CEO For Defrauding Investors
Earlier today, New York Attorney General Letitia James’ Office tweeted a post wherein the Attorney General stated that she would be suing the former CEO of crypto platform Celsius, Alex...
Bank of France Head Stresses the Need for Strict Crypto Regulation
As the crypto winter starts melting away, the Bank of France’s Governor Francois Villeroy de Galhau stressed the need for strict regulatory frameworks for crypto firms. Galhau made this statement...
Ripple CEO Is ‘Cautiously Optimistic’ About Crypto Regulation
With an optimistic tone, Brad Garlinghouse, the CEO of Ripple, took to Twitter crypto space to address the regulatory clarity for crypto in the US. The CEO of Ripple expressed...
SEC Charges Cooper Morgenthau for Looting $5 million from SPACs
Cooper Morgenthau, the former Chief Financial Officer (CFO) of two Special Purpose Acquisition Companies (SPACs), SPAC-1 and SPAC-2, reportedly pleaded guilty to illegally amassing more than $5 million from the...
Bahamas Securities Commission says FTX CEO is Misleading the Public
The Securities Commission of the Bahamas has criticized the current CEO of FTX exchange, John Ray over statements concerning the seized digital assets of the embattled exchange. The commission faulted...
Crypto Trader Arrested for Fraud: Crypto Offers No Shield to Crimes
The latest tweet by the crypto analytic platform Bloomberg Markets showed that though crypto stays largely unregulated, it “offers no shield against alleged fraud”, referring to the arrest of the...
Crypto Influencer BitBoy Says ‘CBDC is already here, It’s $USDC’
Twitter influencer BitBoy warns the community about the circulation of $USDC, claiming that it is a central bank digital currency (CBDC). As part of Circle’s CEO Jeremy Allaire’s announcement, the...
Approval of Crypto Regulation Bill Finds Trouble; Announces Aksakov
Anatoly Aksakov, the Chairman of the Financial Market Committee of the State Duma and the Chairman of the Council of the Association of Banks of Russia, announced that the cryptocurrency...
Chainalysis’s Gronager Hopeful for Future of Crypto Regulations
Michael Gronager, co-founder and CEO at Chainalysis, discusses his outlook for crypto regulations and trading for 2023 as he spoke to Bloomberg. As per Bloomberg, one of the anchors asked...
Crypto Community Wonders Fate of BNB as SEC Declares FTT Security
The crypto community is divided over what may become of other cryptocurrencies after a US regulator labeled an exchange token security. In a recent complaint against Alameda Research CEO Caroline...
US SEC Intensifies Scrutiny of Crypto Auditors’ ‘Troublesome’ Work
According to the latest reports, US Securities and Exchange Commission (SEC) has intensified the scrutiny of Crypto auditors for the work they do for cryptocurrency firms. Paul Munter, SEC’s acting...
