Crypto Regulation

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...

Early today, Coinbase CEO Brian Armstrong suggested regulation ideas for the crypto industry in his latest blog. He outlined his plans to bring in the regulation of centralized actions and...

According to a local Israeli media outlet, Tel Aviv’s Magistrate Court has allowed Israel’s authorities to seize ‘all the crypto assets’ from over 150 digital wallets that were linked to...

The US Federal Reserve raised the interest rates by 0.5% on Wednesday, indicating the highest level in 15 years. Along with the hike in the interest rates, Fed Chairman Jerome Powell...

Japan’s utility firm, ‘Tokyo Electric Power Grid’ (TEPCO) is getting along with local mining rig manufacturer TRIPLE-1 to utilize the surplus power for crypto mining. As per the press release,...

Today, the Australian government announced that it is taking adequate measures to tighten regulation for crypto service providers. As such, Australian regulators plan to publish a consultation paper in early...

Argo Blockchain accidentally revealed a petition for bankruptcy on December 12. Compass Mining’s Will Foxley’s shared the news on Twitter. UK and US suspend shares for Argo due to declining...

Senator Edward J. Markey and Representative Jared Huffman have introduced a new act to regulate crypto firms. This legislation will require the EPA to do a comprehensive impact study of...

FTC investigates some crypto firms alleged of some possible misconduct. The spokesperson was reluctant to reveal the names of the firms or the reasons for the action. The agency also...

Ripple filed a redacted reply to the SEC’s opposition for summary judgment.  It is the final submission before the ultimate pronouncement from the court. In 2020, SEC claimed Ripple raised...

Italy plans to implement 26% capital gains on Crypto profits. Regulators aim to encourage crypto asset reporting. The move follows Portugal’s implementation of a similar tax slab on crypto. Reports...

A new bill will allow cryptocurrency payments in Brazil. Crypto companies require federal clearance to operate. However, the bill does not make cryptocurrencies legal tender. The Chamber of Deputies in...

Bitcoin, at one point went down 3.2% and was trading at about $16,170. Moreover, rumors around a possible insolvency of wETH reportedly led to massive sales of Ethereum. As a...

FSMA released the classification of digital assets, categorizing them into securities, investment instruments, or financial instruments. The Communication intends to provide a systematic analysis of the classification plan and its...

Elizabeth Warren said crypto is similar to the delusional claims of past financial scams. The senator believes FTX implosion shows the need for protective regulation. Ripple blockchain CTO, David Schwartz,...

The FTX collapse has injected urgency to regulate the global crypto industry. The crypto exchange’s collapse left over a million creditors with losses in billions of dollars. IOSCO association laid...

KRA proposed to collect taxes from crypto transactions as a part of new regulations. If the proposal is accepted by the Parliament, the Authority will start implementing the regulations. The...

FSC released a notice regarding the necessity of compensating customer losses by crypto exchanges. The Conservative Party had already initiated the procedures for securing customer funds. The proposal included the...

Peter Schiff has stated that “we don’t need more government regulation.” The economist and global strategist urged for a free market and to “end the Fed”. For Schiff, competing for...

SEC chair Gary Gensler reported that the agency filed more than 700 actions. The regulator obtained judgments and orders summing to over $6.4 billion. Gensler remarked that they will pursue...

India fled the worldwide crypto crisis due to RBI’s cautious regulations. From $3 trillion in 2021, the total of crypto is below $1 trillion. RBI has strongly defied crypto from...

Cardano’s co-founder said that ‘crypto didn’t fail but people failed’. FTX’s case can damage the industry or possibly offshore the American crypto industry. He suggested honest and better standards for...

US jurisdiction would not apply to FTX since it didn’t have any US customers. Lawyer Chervinsky feels applying regulations would be counterproductive. The community believes US regulations will push investors...

The Russian Federation and the Turkish Ministry signed a bill for ensuring legal cooperation. The deal includes the prevention of information crimes like the illegal use of cryptocurrency. The Federation...

Former House Speaker to join advisor policy council to shape crypto. Next year will be a significant year with Congress poised to make the CFTC the dominant regulator. “Crypto –...