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The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The U.S. SEC and securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating the decision by crypto
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The U.S. Securities and Exchange Commission (SEC) is examining whether Binance’s initial coin offering of its Binance coin (BNB) token in 2017 was an unregistered security offering that should have been registered with the regulatory agency, Bloomberg reported Monday, citing confidential sources. Original Source
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DeFi Ledgers Can Help Regulators Oversee Sector, BIS Official Says Source
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MiCA should “appropriately integrate AML/CFT issues in prudential supervision of entities”, said the report, which is looking at whether the anti-money laundering powers contained in rules for different financial sectors are up to scratch. MiCA introduces requirements for stablecoin issuers to hold sufficient capital reserves and to be monitored by
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The association, known by its German initials VQF, gives a stamp of approval to the London-based company's compliance with Switzerland's anti-money laundering laws, it said by email on Monday. Membership of VQF gives Copper the necessary approvals to operate the unit, a spokesperson for the company said. Original Source
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The regulation of cryptocurrencies across the world is a constant battle for investors in a rapidly expanding and constantly changing ecosystem. Various regulatory agencies around the world view digital assets in a different light that vary significantly from one another.Recently, executive board member of the European Central Bank (ECB) Fabio Panetta
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Some investors see salvageable pieces while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin gains. Original Source
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The introduction of the Libra stablecoin project led to, years later, multiple regulatory approaches and the certainty that sooner or later, governments will have rules in place for how stablecoins can operate. However, all of these efforts have focused on asset-backed stablecoins, not algorithmic stablecoins. The novel structures here might
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“There’s a lot of talk when you talk to other regulators, I think most particularly in the federal government, about a ‘race to the bottom,’ that states will regulate differently, and those with lower standards are going to attract more companies,” Harris said. “But we haven’t really seen that play
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Bitcoin was recently trading above $31,000, up nearly 6% over the past 24 hours and more than 16% from the $26,600 depths it sank to mid-Friday. "Bitcoin did indeed face downward pressure that saw it losing the $30K support, but it did not fall below the 25K level," Joe DiPasquale,
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