Blockchain Technology
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Regulations -
2 months ago
The Federal Bureau of Investigation (FBI) has joined an investigation into a security breach involving the SEC’s X account, Reuters said on Jan. 10.
An SEC spokesperson told Reuters:
“The [U.S. Security and Exchange Commission] continues...
Blockchain Technology
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Regulations -
2 months ago
Crypto investors in the United Kingdom have been urged to check if they need to complete a Self Assessment tax return for the 2022 to 2023 tax year ahead of the Jan. 31 deadline, according to a Jan. 9 statement by His Majesty’s Revenue & Cu...
Blockchain Technology
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Regulations -
2 months ago
Crypto custodial service provider BitGo has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI), according to a Jan. 10 statement.
MPI-licensed companies in Singapore hold the...
Blockchain Technology
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Regulations -
2 months ago
Social Media platform X (formerly Twitter) revealed that the U.S. Securities and Exchange Commission (SEC) official account was compromised, in part, due to a lack of vital security measures, including two-factor authentication.
On Jan. 9, the SEC...
Blockchain Technology
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Regulations -
2 months ago
Two more asset managers have temporarily waived fees for their spot Bitcoin ETFs, Bloomberg ETF analyst James Seyffart said on Jan. 9.
Seyffart indicated that WisdomTree will waive its fees for 6 months or the first $1 billion of assets, reducing fee...
Blockchain Technology
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Regulations -
2 months ago
A new report released by the CFTC’s Digital Assets and Blockchain Technology Subcommittee has released a comprehensive report — “Decentralized Finance” — outlining the risks inherent in the burgeoning field of Decentralized Finance...
Blockchain Technology
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Regulations -
2 months ago
The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler issued a cautionary advisory regarding crypto asset investments just ahead of the highly anticipated spot Bitcoin exchange-traded fund (ETF) approval deadline.
In a Jan. 8 post on s...
Blockchain Technology
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Regulations -
2 months ago
TechCrunch reporter Jacquelyn Melinek posted a statement on Jan. 5 updating her expected timeline for spot Bitcoin ETF approvals.
Earlier, Melinek said she had spoken with sources and “expected something” on Friday without explicitly stat...
Blockchain Technology
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Regulations -
2 months ago
Senator Steve Padilla (D-San Diego) proposed new legislation in the form of Senate Bills 892 and 893 to establish a robust and ethical AI framework in California, according to a Jan. 3 press release.
The proposed rules mark a significant step toward...
Blockchain Technology
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Regulations -
2 months ago
Crypto exchange OKX announced on Jan. 2 that it will introduce new requirements to comply with rules from the U.K. Financial Conduct Authority (FCA).
OKX said that, starting on Jan. 8, users in the U.K. will need to complete two questionnaires. The f...
Blockchain Technology
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Regulations -
2 months ago
The United States’ main securities regulator could inform spot Bitcoin ETF applicants of approval in the coming days, Reuters said on Dec. 29.
According to that report, the U.S. Securities and Exchange Commission (SEC) may tell applicants on Tu...
Blockchain Technology
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Regulations -
3 months ago
Terraform Labs obtained a partial victory on Dec. 28 within a case initiated by the U.S. Securities and Exchange Commission (SEC).
Judge Jed Rakoff issued one summary judgment in Terraform Labs’ favor and declared that the firm did not offer an...
Blockchain Technology
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Regulations -
3 months ago
India’s Financial Intelligence Unit (FIU) has taken stringent measures against nine offshore Virtual Assets Service Providers (VASPs) for non-compliance with India’s Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT) laws,...
Blockchain Technology
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Regulations -
3 months ago
In a bold move, U.S. Congressman Warren Davidson, with support from House Majority Whip Tom Emmer, has advocated for the firing of SEC Chair Gary Gensler in 2024, attributing his stance to alleged corruption and abuses of power.
This development come...
Blockchain Technology
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Regulations -
3 months ago
Chinese authorities have intensified efforts to regulate the use of cryptocurrencies in illegal foreign exchange (forex) trading, South China Morning Post reported.
The crackdown specifically targets the misuse of stablecoins like Tether (USDT) in un...