#crypto-regulation

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#sec

SEC signals retreat from Ethereum in its latest settlement with crypto platform eToro

The SEC's settlement with eToro marks a concession on Ethereum's regulatory status, allowing its operation alongside Bitcoin and Bitcoin Cash.

Binance, CZ's Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

The SEC's ambiguous criteria for classifying crypto transactions as securities is a primary issue in ongoing legal challenges involving Binance.

SEC and FINRA make tZero second recipient of special crypto license following controversial Prometheum approval

tZero received a unique SEC license to custody digital asset securities, marking a step towards regulatory clarity in the crypto industry.

President Biden vetoes crypto custody bill | TechCrunch

President Biden vetoed a resolution targeting the SEC's rules on banks handling customers' crypto assets.

Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions

A lawsuit against the SEC claims it is overstepping its authority regarding enforcement actions against crypto exchanges.

18 states want the SEC to stop enforcing crypto regulation

The SEC faces pushback from 18 states seeking to limit its regulatory authority over crypto in favor of state-level regulation.

SEC signals retreat from Ethereum in its latest settlement with crypto platform eToro

The SEC's settlement with eToro marks a concession on Ethereum's regulatory status, allowing its operation alongside Bitcoin and Bitcoin Cash.

Binance, CZ's Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

The SEC's ambiguous criteria for classifying crypto transactions as securities is a primary issue in ongoing legal challenges involving Binance.

SEC and FINRA make tZero second recipient of special crypto license following controversial Prometheum approval

tZero received a unique SEC license to custody digital asset securities, marking a step towards regulatory clarity in the crypto industry.

President Biden vetoes crypto custody bill | TechCrunch

President Biden vetoed a resolution targeting the SEC's rules on banks handling customers' crypto assets.

Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions

A lawsuit against the SEC claims it is overstepping its authority regarding enforcement actions against crypto exchanges.

18 states want the SEC to stop enforcing crypto regulation

The SEC faces pushback from 18 states seeking to limit its regulatory authority over crypto in favor of state-level regulation.
moresec
#bitcoin

Don't Lose Sight Of The Bitcoin Mission

Optimism about Bitcoin under Trump's administration rises, but vigilance around regulatory changes concerning privacy and KYC/AML measures is critical.

Trump could 'kick off a crypto Golden Age' by delivering guardrails and regulations the industry has been craving, finance CEO says-'there's so much pent-up demand'

The crypto industry is optimistic about regulation improvements under a second Trump presidency, hoping for a 'Golden Age' in digital finance.

A Venture Capitalist's Guide to Consensus 2024

Bitcoin's value proposition continues to grow with advancements like Ordinals protocol and spot Bitcoin ETFs, reshaping traditional financial markets through on-chain assets.

Good Riddance, Martin Gruenberg

Martin Gruenberg's resignation from the FDIC is seen as a pivotal moment for the Bitcoin and crypto industry, paving the way for potential regulatory improvements.

Crypto for Advisors: Post Election Edition

Donald Trump's victory is seen as a positive shift for the crypto industry, contributing to bitcoin's surge to an all-time high.

Don't Lose Sight Of The Bitcoin Mission

Optimism about Bitcoin under Trump's administration rises, but vigilance around regulatory changes concerning privacy and KYC/AML measures is critical.

Trump could 'kick off a crypto Golden Age' by delivering guardrails and regulations the industry has been craving, finance CEO says-'there's so much pent-up demand'

The crypto industry is optimistic about regulation improvements under a second Trump presidency, hoping for a 'Golden Age' in digital finance.

A Venture Capitalist's Guide to Consensus 2024

Bitcoin's value proposition continues to grow with advancements like Ordinals protocol and spot Bitcoin ETFs, reshaping traditional financial markets through on-chain assets.

Good Riddance, Martin Gruenberg

Martin Gruenberg's resignation from the FDIC is seen as a pivotal moment for the Bitcoin and crypto industry, paving the way for potential regulatory improvements.

Crypto for Advisors: Post Election Edition

Donald Trump's victory is seen as a positive shift for the crypto industry, contributing to bitcoin's surge to an all-time high.
morebitcoin
#tokenization

TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization

Approval of bitcoin ETFs reignited interest in crypto, attracting retail and institutional investors.
Tokenization is gaining popularity for its efficiency in asset issuance and liquidity enhancement.
Crypto has the potential to transform financial systems for increased efficiency.

An Interview With El Salvador's Top Crypto Regulator: 'Developing Countries Can Lead the Financial Revolution'

Crypto regulators must understand the technology before creating frameworks.
El Salvador leads in crypto regulations, often misunderstood globally.
Reyes advocates for business growth through informed regulatory practices.

TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization

Approval of bitcoin ETFs reignited interest in crypto, attracting retail and institutional investors.
Tokenization is gaining popularity for its efficiency in asset issuance and liquidity enhancement.
Crypto has the potential to transform financial systems for increased efficiency.

An Interview With El Salvador's Top Crypto Regulator: 'Developing Countries Can Lead the Financial Revolution'

Crypto regulators must understand the technology before creating frameworks.
El Salvador leads in crypto regulations, often misunderstood globally.
Reyes advocates for business growth through informed regulatory practices.
moretokenization
#securities-and-exchange-commission

Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF

Donald Trump nominates Jay Clayton as U.S. Attorney for the Southern District of New York, emphasizing his experience in securities and crypto regulation.

US Crypto Regulation Needs a Hard Fork

The SEC needs a regulatory change to better support innovation in crypto and clarify security definitions.

Nigeria SEC to Commence Enforcement Action on Unlicensed Crypto Firms: Reports

Nigeria's SEC is cracking down on unlicensed crypto firms to ensure regulations are followed.

Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF

Donald Trump nominates Jay Clayton as U.S. Attorney for the Southern District of New York, emphasizing his experience in securities and crypto regulation.

US Crypto Regulation Needs a Hard Fork

The SEC needs a regulatory change to better support innovation in crypto and clarify security definitions.

Nigeria SEC to Commence Enforcement Action on Unlicensed Crypto Firms: Reports

Nigeria's SEC is cracking down on unlicensed crypto firms to ensure regulations are followed.
moresecurities-and-exchange-commission

Polymarket founder awakes to find Feds raiding his New York home-his company blasts it as 'obvious political retribution' for predicting Trump win

The FBI raid on Polymarket founder Shayne Coplan raises suspicions of political retribution amid concerns over legal gambling on unregulated platforms.
#digital-assets

Crypto.com files suit against SEC after getting Wells Notice

Crypto.com is suing the SEC for exceeding its authority in regulating digital assets as securities transactions.

Japan Plans to Review Its Crypto Rules: Bloomberg

Japan is reviewing crypto regulations to assess effectiveness and investor protection, potentially leading to reclassification and lower taxes on digital assets.

UK Lords Echo Support for Digital Assets Property Bill

Members of the House of Lords support the Law Commission's digital assets property bill to clarify crypto legal disputes in the U.K.

Indonesia's Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

Indonesia's crypto regulator wants tax reconsideration
Crypto may be treated as securities under OJK oversight

Crypto.com files suit against SEC after getting Wells Notice

Crypto.com is suing the SEC for exceeding its authority in regulating digital assets as securities transactions.

Japan Plans to Review Its Crypto Rules: Bloomberg

Japan is reviewing crypto regulations to assess effectiveness and investor protection, potentially leading to reclassification and lower taxes on digital assets.

UK Lords Echo Support for Digital Assets Property Bill

Members of the House of Lords support the Law Commission's digital assets property bill to clarify crypto legal disputes in the U.K.

Indonesia's Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

Indonesia's crypto regulator wants tax reconsideration
Crypto may be treated as securities under OJK oversight
moredigital-assets
#financial-innovation

How to Build an Asset Class in Three Easy Steps

Global crypto markets are thriving in cities outside the U.S. despite regulatory challenges.

Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal

The Financial Services Authority (OJK) will regulate Indonesia's crypto industry from January 2025.
Crypto firms will need to pass an evaluation in a regulatory sandbox by OJK before operating in the country.

How to Build an Asset Class in Three Easy Steps

Global crypto markets are thriving in cities outside the U.S. despite regulatory challenges.

Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal

The Financial Services Authority (OJK) will regulate Indonesia's crypto industry from January 2025.
Crypto firms will need to pass an evaluation in a regulatory sandbox by OJK before operating in the country.
morefinancial-innovation

Gary Gensler's time as SEC chair may be coming to an end- who will replace him and what does it mean for crypto?

Crypto firms are aiming to replace SEC chair Gensler amid a changing political landscape regarding digital asset regulation.
#stablecoins

Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Tether's CEO advocates for sensible U.S. crypto regulations, emphasizing the importance of cooperation with law enforcement and the global benefits of stablecoins.

The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe

MiCA confirms that stablecoin issuers must be regulated as electronic money institutions (EMIs)
Many stablecoins currently offered in Europe are illegal because they are not authorized and regulated as electronic money (e-money)

Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Tether's CEO advocates for sensible U.S. crypto regulations, emphasizing the importance of cooperation with law enforcement and the global benefits of stablecoins.

The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe

MiCA confirms that stablecoin issuers must be regulated as electronic money institutions (EMIs)
Many stablecoins currently offered in Europe are illegal because they are not authorized and regulated as electronic money (e-money)
morestablecoins

Why Does the SEC Attack Crypto Market Makers? | HackerNoon

Gotbit's CEO was arrested for market manipulation, highlighting regulatory challenges within the crypto industry.
The SEC is intensifying its oversight on unregistered dealer practices in crypto markets.
#dubai

Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

Dubai's VARA fined and issued cease-and-desist orders to seven unlicensed crypto entities, enforcing regulatory compliance in a growing crypto hub.

Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official

Dubai's VARA has established a balanced approach to crypto licensing, ensuring thorough evaluation without excessive delays.

Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

Dubai's VARA fined and issued cease-and-desist orders to seven unlicensed crypto entities, enforcing regulatory compliance in a growing crypto hub.

Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official

Dubai's VARA has established a balanced approach to crypto licensing, ensuring thorough evaluation without excessive delays.
moredubai

India's Crypto Discussion Paper on Hold Due to Other Priorities

India has delayed releasing a crypto discussion paper due to higher priorities such as global meetings and upcoming elections.

CASP License: Understanding Its Importance and Application Process

The CASP license ensures regulatory compliance, enhances credibility, and broadens market access for crypto businesses.

A Fire Alarm Interrupted an Aussie Crypto Summit. The Symbolism Wasn't Missed by a Concerned Industry

Australia's crypto industry fears regulatory changes may drive companies overseas after ASIC's announcement regarding crypto assets as financial products.
#binance

Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia

Binance's Indonesian subsidiary Tokocrypto has secured a full PFAK license from Bappebti amid rising regulatory demands for crypto exchanges in Indonesia.

Meeting Binance CEO Richard Teng

Richard Teng aims to build trust in Binance through enhanced compliance and regulatory understanding amid challenges brought by recent scandals.

Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia

Binance's Indonesian subsidiary Tokocrypto has secured a full PFAK license from Bappebti amid rising regulatory demands for crypto exchanges in Indonesia.

Meeting Binance CEO Richard Teng

Richard Teng aims to build trust in Binance through enhanced compliance and regulatory understanding amid challenges brought by recent scandals.
morebinance
#anti-money-laundering

UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval

Over 87% of crypto registrations in 2023-24 did not meet approval standards set by the FCA.

Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister

Turkey is in the final stage of completing technical studies for forming crypto regulation.
The main goal of the regulation is to increase trust in the crypto asset area and eliminate potential risks.

EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto

The European Parliament approved anti-money laundering laws, enhancing due diligence and providing access to beneficial ownership information, affecting crypto firms and others.

UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval

Over 87% of crypto registrations in 2023-24 did not meet approval standards set by the FCA.

Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister

Turkey is in the final stage of completing technical studies for forming crypto regulation.
The main goal of the regulation is to increase trust in the crypto asset area and eliminate potential risks.

EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto

The European Parliament approved anti-money laundering laws, enhancing due diligence and providing access to beneficial ownership information, affecting crypto firms and others.
moreanti-money-laundering

Nigeria's Crypto Thaw: Not What It Seems

Nigeria has shifted from banning crypto to developing a regulatory framework to encourage its ecosystem while maintaining security.
#financial-services

U.S. House Committee Plans for Heap of Crypto Hearings in September

The U.S. House Financial Services Committee is set to hold several hearings addressing critical issues in the crypto industry next month.

Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto

Tulip Siddiq appointed as U.K. City Minister by Prime Minister Keir Starmer, emphasizes regulating and harnessing crypto's potential.

U.S. House Committee Plans for Heap of Crypto Hearings in September

The U.S. House Financial Services Committee is set to hold several hearings addressing critical issues in the crypto industry next month.

Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto

Tulip Siddiq appointed as U.K. City Minister by Prime Minister Keir Starmer, emphasizes regulating and harnessing crypto's potential.
morefinancial-services

Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report

Hong Kong's SFC has identified deficiencies at crypto exchanges seeking full licenses, jeopardizing its ambition to become a crypto hub.

R.I.P. Unhosted Wallet Rule

The U.S. Treasury Department formally withdrew a controversial proposal for know-your-customer requirements on unhosted wallets, ending years of backlash from the crypto industry.

Colombia's Regulator Notifies Worldcoin of Alleged Data Violation

Worldcoin faces potential sanctions in Colombia over alleged violations of personal data protection regulations.

German Regulator Seizes 13 Crypto ATMS

BaFin seized 13 crypto ATMs operating illegally to protect consumers and ensure compliance with regulations.

Schumer Sets Stage for New Era of U.S. Crypto Politics

Senate Majority Leader Chuck Schumer aims to introduce a bipartisan crypto regulation bill by year's end, marking a significant political engagement in crypto matters.
from Coindesk
3 months ago

Wall Street Agrees Crypto Is 'Clearly' A Huge Election Issue, But Still Divided on Who Is Best for Industry

Crypto has become a pivotal political issue, with potential regulatory changes expected regardless of whether Trump or Harris wins the election.

Thailand's PM Removed, But Crypto Policies Likely to Remain 'Largely' Unaffected in Political Uncertainty

Thailand's PM Srettha Thavisin was removed, but experts believe crypto regulations will remain unaffected under the new government.
from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 months ago

The Future of Bitcoin in America Will Be Decided at the Ballot Box

The future of crypto in the U.S. is influenced by the outcome of the upcoming election, with Democrats and Republicans having contrasting approaches.

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

The U.S. House passed a significant crypto regulation bill with bipartisan support, marking a major legislative win for the industry.
#regulatory-framework

SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

SEC Chair Gary Gensler believes existing laws are sufficient for regulating crypto despite White House calls for new regulations.

Nancy Pelosi mulls support for Republican FIT21 Crypto Bill - London Business News | Londonlovesbusiness.com

Former Speaker Pelosi may support Republican-backed crypto bill FIT21, showing bipartisan shift in crypto regulation.

SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

SEC Chair Gary Gensler believes existing laws are sufficient for regulating crypto despite White House calls for new regulations.

Nancy Pelosi mulls support for Republican FIT21 Crypto Bill - London Business News | Londonlovesbusiness.com

Former Speaker Pelosi may support Republican-backed crypto bill FIT21, showing bipartisan shift in crypto regulation.
moreregulatory-framework

Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg

Circle, the issuer of USDC stablecoin, plans to relocate its legal base from Ireland to the U.S., ahead of a planned IPO.

Crypto Is an Election Issue This Year. Is That a Good Thing?

Crypto is becoming a key issue in US elections, with over 20% of voters in swing states considering it important.

Ahead of EU Elections, Crypto Industry Pushes Blockchain Merits as Policy Focus Shifts to AI

The EU's upcoming election may bring new legislators focusing on crypto issues.

Crypto Crime Could Mean Jail for Life in South Korea

Crypto criminals face life imprisonment in South Korea starting July.
Criminal punishment can include fixed-term imprisonment or fines.

US and UK Financial Regulators Discuss Effective Crypto Oversight Regulation Bitcoin News

The U.S. and U.K. Financial Regulatory Working Group is highlighting the need for crypto regulation.

Bitcoin Group Addressing 'Serious Deficits' in Money Laundering Measures Flagged by German Regulator

German financial regulator BaFin has ordered a subsidiary of Bitcoin Group to address shortcomings in its anti-money laundering measures.
BaFin identified serious deficits in internal security measures, due-diligence obligations, and the suspicious-activity reporting system at Futurum Bank.
Bitcoin Group is taking measures to address the deficiencies.
#mica

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President

Roberta Metsola reelected as President of the European Parliament

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA

The European Banking Authority (EBA) published final draft technical standards for crypto firms under MiCA legislation.

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President

Roberta Metsola reelected as President of the European Parliament

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA

The European Banking Authority (EBA) published final draft technical standards for crypto firms under MiCA legislation.
moremica

Hong Kong to adapt crypto regulations to evolving industry

Hong Kong's financial regulators will adjust cryptocurrency regulation based on market trends and development.

Winklevoss twins donate $1M in Bitcoin to Trump's campaign

Gemini CEO Tyler Winklevoss and his twin brother donated $1 million worth of Bitcoin to Trump's 2024 campaign.

White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports

Christy Goldsmith Romero nominated as FDIC Chair and Kristin Johnson as Treasury Assistant Secretary.
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