Crypto Regulation
Regulators Caution Crypto Investors on “Proof of Reserve” Reports
On Wednesday, the Public Company Accounting Oversight Board (PCAOB) published an advisory cautioning investors against putting too much faith into the so-called “proof of reserve” reports that some cryptocurrency businesses...
Indian Finance Ministry: Crypto Trading Is Now Subject to AML Laws
The government of India has taken yet another step toward regulating digital assets by imposing money laundering rules on the crypto industry. In a notification on Tuesday, the Indian Finance...
Thailand Implements Tax Relaxation on Digital Token Companies
The government of Thailand announced that the companies that issue digital tokens would be excluded from the corporate income tax and value-added tax. Over the past few months, the country...
UK Focuses on Consumer Protection, Novel Crypto Regulations
Conforming to the latest reports, the United Kingdom Treasury and the European Union have been stepping forward with novel approaches to the crypto space, introducing regulations on crypto focusing on...
Singapore Police Probe Against Do Kwon Garners Public Attention
A recent investigation by the Singapore police into Terraform Labs, a blockchain infrastructure provider, for alleged fraud has caught the public’s attention. For instance, a Twitter user suggests that Do...
Australia’s Substantive Crypto Regulation Could Wait Until 2024
Reports from Australia reveal it is unlikely for the government to release conclusive crypto legislation before the end of 2023. Based on the timetable of consultative programs and events, Australia’s...
Michael Saylor Criticized Over Position on Bitcoin Regulation
Crypto Tips YouTube co-host Heidi has criticized the former CEO of MicroStrategy, Michael Saylor, in calling for increased regulation of cryptocurrencies. Heidi questioned Saylor’s sincerity over his position despite being...
Regulatory Clarification Won’t Be Attained Pre-2025, John EDeaton
According to John E Deaton, founder of Crypto-Law.us, and managing partner of the Deaton Law Group, it is a fact that regulatory clarification about US regulation would only be attained...
Nirmala Sitharaman Comments on India’s Notion of Crypto at FMCBG
During India’s G20 Presidency, the meeting of Finance Ministers and Central Bank Governors (FMCBG), India’s Finance Minister Nirmala Sitharaman addressed the country’s position on crypto regulation. She said that India...
HashKey Gets SFC’s Nod For OTC Trading In Hong Kong
HashKey Group, the Hong Kong-based digital asset financial services provider, has received approval from the Securities and Futures Commission (SFC) of Hong Kong to go ahead with an off-platform virtual...
Australian Securities & Investments Commission Reviewing Binance
The Australian Securities and Investments Commission (ASIC) announced on Friday that it is investigating Binance Australia’s derivatives business more closely. Following Binance’s admission that 500 of its Australian customers had...
Retail Tokens Must be Listed on Two Indices for SFC Approval
The Hong Kong Securities and Futures Commission (SFC) has announced that it will only allow retail trading for large-cap virtual assets included in at least two indices. The commission did...
SEC vs XRP: Anti-graft Agency Supports Motion to Unseal Hinman Docs
The US whistleblower and anti-corruption watchdog, Empower Oversight, complained that the Securities and Exchange Commission (SEC) has repeatedly denied transparency organizations access to information of public interest, especially regarding the...
Montana State Senate Passes New Bill for Crypto Miners
The western state of the United States, Montana passed a bill on Thursday under the auspice of the State Senate, with the intention to protect crypto miners from a set...
SEC’s Actions Cause Fear in Crypto Ecosystem: Polygon’s Rebecca
Polygon Chief Policy Officer (CPO) Rebecca Rettig and the Chief Legal Officer (CLO) of Coinbase, Paul Grewal recently sat down in a podcast with crypto journalist Laura Shin to address...
NYDFS Ups The Heat On Market Manipulation And Insider Trading
The New York Department of Financial Services (NYDFS) has doubled down on illegal activities in the virtual currency industry in the State of New York. The department recently announced that...
Taiwan Government Officials Will Have To Soon Disclose Crypto Holdings
As per the Taiwan government’s official announcement released last week, officials will soon need to declare crypto holdings on an annual basis. Taiwan’s government has advanced with the crypto regulation...
SEC Doesn’t Regulate Crypto Directly, but Indirectly; Says Levine
Matt Levine, the Bloomberg Opinion Columnist, published an article on February 7, analyzing the Securities and Exchange Commission’s (SEC) crypto regulatory policies. Notably, the Chinese reporter Colin Wu, on his official...
The US SEC Seeks to Expand Categorization of Securities: Experts
John Deaton, the founder of Crypto-Law.us, believes that the United States Securities and Exchange Commission (SEC) is pursuing theories that would expand the definition of what constitutes a security. He...
Brian Armstrong Warns U.S. About Losing Its Status As A Financial Hub
Coinbase CEO, Brian Armstrong calls upon Congress’ quick action to pass clear legislation regarding cryptocurrency. In his latest tweet, he warns that America is facing a potential risk of losing...
“Names of SBF’s Bail Guarantors Have Been Released,” Tweets Fong
Crypto influencer Tiffany Fong reveals the names of bail guarantors for fallen CEO Sam Bankman-Fried in her latest tweet. Furthermore, the signers were revealed to be Larry Kramer, former dean,...
SEC vs. XRP: Layton Files Motion for Access to Hinman’s Speech Documents
As the battle between SEC vs XRP continues, the Senior Vice President of Strand Consult, Rosalyn Layton, filed a motion to intervene in the case. Layton petitioned the Court asking...
Norway Police Seize $5.9 Million Connected to Axie Infinity Hack
According to the latest email statement from the Norway police on Thursday, the unit for fighting economic and environmental crimes has seized 60 million Kroner ($5.9 million). The seized cryptocurrency...
Blockchain Association Files Amicus Brief in Insider trading Case
The Blockchain Association previously stated that it had submitted an amicus brief in the complaint that the United States Securities and Exchange Commission (SEC) has brought against three persons for...
