Blockchain Technology
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Regulations -
2 weeks ago
There has been an increase in bank accounts belonging to crypto professionals being frozen or restricted across the UK, US, and EU over the past few months. They say you often don’t care about something until it happens to you; well, this week,...
Blockchain Technology
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Regulations -
2 weeks ago
The SEC has opened comments on Grayscale, Fidelity, and Bitwise‘s applications to launch spot Ethereum exchange-traded funds (ETFs).
The notices apply to proposed rule changes through which two exchanges — Cboe BZX and NYSE Arca — aim to list a...
Blockchain Technology
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Regulations -
2 weeks ago
Lithuania is set to impose strict licensing requirements on crypto firms by 2025, which will significantly reduce the number of companies able to operate in the country.
Central bank board member Simonas Krepsta told Bloomberg on April 3 that the mov...
Blockchain Technology
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Regulations -
2 weeks ago
SEC Director of Enforcement Gurbir Grewal recently spoke at the SEC Speaks event, addressing the regulatory challenges the crypto industry faces.
Grewal countered the narrative that the SEC lacks a clear regulatory framework for crypto, emphasizing t...
Blockchain Technology
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Regulations -
2 weeks ago
The Bank of England (BoE) and the UK Financial Conduct Authority (FCA) have announced the launch of the Digital Securities Sandbox (DSS) on April 3.
The new framework aims to facilitate the use of emerging technologies, such as distributed ledger tec...
Blockchain Technology
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Regulations -
2 weeks ago
The US and the UK signed a Memorandum of Understanding (MOU) to develop standards for AI Safety on April 1.
The agreement aims to develop and iterate “robust suites of evaluations” for AI models, systems, and agents through coordinated sc...
Blockchain Technology
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Regulations -
2 weeks ago
The Monetary Authority of Singapore (MAS) has significantly amended its Payments Service Act (PSA) to enhance its jurisdiction and bolster user protection within the crypto industry, according to an April 2 statement.
These revisions align with Singa...
Blockchain Technology
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Regulations -
2 weeks ago
Coinbase CFO Alesia Haas believes that “Ethereum (ETH) is not a security,” and regulators are unlikely to label it as such.
Haas shared her view on the matter during an interview with Fortune and pointed to the fact that both the SEC and...
Blockchain Technology
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Regulations -
2 weeks ago
The following is a guest post from John deVadoss, Governing Board of the Global Blockchain Business Council in Geneva and co-founder of the InterWork Alliance in Washington, DC.
Last week, I had the opportunity in Washington, DC to present and discus...
Blockchain Technology
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Regulations -
2 weeks ago
A Wyoming court has ruled against Caitlin Long’s Custodia Bank by determining that the lender is not entitled to a Federal Reserve master account.
In a summary judgment on March 29, Judge Scott W. Skavdahl found that Custodia Bank has no statut...
Blockchain Technology
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Regulations -
3 weeks ago
CFTC Commissioner Caroline Pham said on March 29 that her agency’s charges against KuCoin may infringe on the duties of the SEC.
Pham acknowledged the CFTC case as an “aggressive enforcement action” and commended the Division of Enf...
Blockchain Technology
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Regulations -
3 weeks ago
Binance-linked HKVAEX exchange is closing down and has withdrawn its application for an operational license in Hong Kong, according to a notice on the Securities and Futures Commission (SFC) website.
The crypto trading platform, operating under the n...
Blockchain Technology
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Regulations -
3 weeks ago
The White House ordered all US federal agencies to appoint chief AI officers on March 28.
Vice President Kamala Harris described the far-reaching nature of the role, commenting that chief AI officers will “oversee all — I’m going to empha...
Blockchain Technology
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Regulations -
3 weeks ago
The US Department of the Treasury and its Office of Foreign Assets Control (OFAC) sanctioned the Palestinian news network Gaza Now on March 27 over allegations of supporting Hamas.
The Treasury sanctions also designate several crypto addresses linked...
Blockchain Technology
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Regulations -
3 weeks ago
A group of Republican lawmakers, including the chairmen of the House Financial Services Committee and House Committee on Agriculture, has formally requested SEC Chair Gary Gensler to provide clear guidance on the regulatory stance regarding the custo...