Saturday, November 2, 2024
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Bitcoin Group (ADE) Is Addressing ‘Serious Deficits’ in Anti-Money Laundering Measures Flagged by BaFin

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Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation

Crypto exchange Gemini newly announced measures to comply with the controversial crypto Travel Rule in the United Kingdom reflects a “worrying creep” toward overregulation and will strip customers of their freedom for self-custody, according to a Trezor analyst.On Nov. 7, cryptocurrency exchange Gemini announced it has made changes in order

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Binance to list Celestia with unique risk mitigation measures

Binance announces the listing of Celestia (TIA) along with enhanced risk management features, including a mandatory quiz for traders interested in tokens marked with a “Seed Tag.” Celestia (TIA) has been pre-listed on decentralized exchanges, and it’s currently trading at $3.15 on Halix. Celestia aims to transform blockchain scalability by separating

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SEC’s Gensler discusses $5b gain from enforcement measures, casts doubt on crypto

SEC Chair Gary Gensler’s recent address at the 2023 Securities Enforcement Forum highlighted the agency’s $5 billion enforcement success and provided a critical view on cryptocurrency, sparking vital discussions in the crypto industry. Chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler addressed the 2023 Securities Enforcement Forum on

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FTX bolsters claims portal security measures following cyber breach

Bankrupt cryptocurrency exchange FTX has restored its customer claims portal, which was previously shut down due to a cyber attack. Claimants can now continue to submit asset claims they held on the exchange before it became insolvent. On September 16, FTX made a statement on X (formerly Twitter), confirming that none

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CFTC Commissioner Proposes Measures to Improve Investor Protection

Rather than backtracking trade activities after the fraud has occurred, the CFTC commissioner believes the focus should be on preventing them. A commissioner of the Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero has proposed several measures to improve investor protection. Romero made the proposal while speaking at the North American

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The Sandbox implements KYC measures for protocol staking

Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to an Aug. 3 announcement. The announcement stated that only verified users could deposit The Sandbox (SAND) tokens, which are native to the platform, and claim staking rewards, while non-verified users will be placed into

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Canadian committee proposes measures to support blockchain, crypto

Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons.The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. As

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Coinbase Takes Preemptive Legal Measures to Navigate Regulatory Storm

In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to proactively

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