Home > Regulators

Kraken Turns Tables on Canadian Regulators in Nine-Page Rebuttal

By CCN: Kraken is not pleased with the way Canadian regulators propose to go about governing crypto trading platforms.In a sternly written paper to the Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada, the crypto exchange explained its gripes. The two regulatory bodies have proposed a security

Read More

Blockchain Entrepreneur, Ontario Regulators Seek Settlement in Namedrop Scandal

The Ontario Securities Commission (OSC) along with blockchain corporation NextBlock Global Limited and its CEO Alex Tapscott, have filed for a public settlement hearing on May 9.Tapscott and NextBlock were previously accused by the OSC Staff of the Commission of misleading prospective investors during a funding round that reportedly

Read More

Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets

Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17.Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly require cryptocurrency exchanges to strengthen internal supervision of cold wallets

Read More

14% of Major Crypto Exchanges Are Licensed by Regulators

Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27.Coinfirm, а London-based regulatory tech firm for digital currencies and blockchain, studied 216 global cryptocurrency exchanges to outline the

Read More

Bitcoin Futures Kingpin Reveals Why Regulators Hate Crypto

Bitcoin might have taken the financial world by surprise. But regulatory squeamishness ensures that it is still far away from gaining mainstream adoption on Wall Street, according to Terry Duffy.CME’s Terry Duffy: Regulators Detest Bitcoin’s Finite SupplyThe CME Group chairman and CEO told Business Insider that the biggest thing that

Read More

While Regulators Focus on Bitcoin, Russia’s Largest Private Bank Laundered $9 Billion

A group of investigative journalists uncovered a $9 billion money laundering scam rooted from Russia’s largest private bank and unsurprisingly, it doesn’t involve Bitcoin.The scheme, which enabled perpetrators to funnel billions from shell companies to the global banking system, was exposed by the Organized Crime and Corruption Reporting Project (OCCRP) with

Read More

Crypto Advocacy Group Encourages Financial Regulators to Foster Innovation

United States blockchain advocacy group the Chamber of Digital Commerce has encouraged two major financial regulators to foster blockchain innovation, according to an official tweet on Feb. 19.The group has reportedly provided comments to the Commodity Futures Trading Commission (CFTC) and the Consumer Financial Protection Bureau (CFPB) in different proceedings

Read More