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“In every other country in the world … there’s one market regulator,” Shirzad said. “They provide ground rules around what kind of investor protections [and] market integrity rules you need, and the crypto ecosystem can operate under those rules,” he said, giving crypto companies the ability to “to innovate, grow,
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Analysts at J.P. Morgan cut their price target for Coinbase (COIN) stock from $60 to $52 for the year ending in December, a report from the bank on Friday showed. Source
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The Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate.According to a Feb. 14 press release, the new rules would include oversight of virtual asset activities, a licensing process for virtual asset service providers
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The European Commission announced the launch of the European Blockchain Regulatory Sandbox on Feb. 15. The sandbox will provide a space for regulatory dialog for 20 projects per year through 2026.The sandbox was first announced in 2020 and is being facilitated by a number of private firms that won tenders
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The European Commission (EC), the executive body of the European Union (EU), has started a regulatory sandbox to test use cases of blockchain technologies and provide legal clarity for the industry, according to a Tuesday press release. See related article: EU looks to place limit on banks holding cryptoFast factsRun by
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The maneuver is a sign of investors exiting BUSD quickly. The $700 million redemption in a little more than a day represents some 6% of the total coins in circulation. Changpeng “CZ” Zhao, chief executive of Binance, the world’s largest crypto exchange by trading volume, tweeted Monday that BUSD market
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The move toward tether might be a surprise because the biggest centralized stablecoin is, perhaps, the most controversial, considering it is unregulated and the lingering lack of transparency about its reserves. On Friday, a New York Judge rejected an attempt by iFinex, cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to
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“The question remains whether the regulator would go after all staking programs, even if they provide specific disclosures around yield, allow users to actively stake and un-stake their crypto and operate on a pass-through basis, both on returns and costs,” analysts Gautam Chhugani and Manas Agrawal wrote. Source
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"If this is a Binance issue, we see further kind of regulatory scrutiny being imposed by the SEC, you do have that headline risk, and I think that's certainly what's weighing on crypto markets,” Tastycrypto Head of Digital Assets Ryan Grace told CryptoX TV. Source
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