News about REGULATIONS

News about Regulations

The feds are trying to stifle Bitcoin and crypto with draconian new AML regulations

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Failed regulations and policy making is actually empowering scammers and hackers and not protecting anyone.

A refrain you will often hear from regulators and politicians is how they are so “concerned about consumer protection” yet many of their rule making empowers scammers and nefarious hackers. Take the U.S.’s current approach which is to provide absolut...

EU Crypto Regulations Getting Closer: ESMA Publishes Final Report

The European Securities and Markets Authority (ESMA) has taken significant steps towards regulating the crypto-asset industry by publishing its first final report and launching a third consultation package under the Markets in Crypto-Assets Regulatio...

Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds

Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their acco...

Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds ... - Bitcoin.com News

Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds ...& & Bitcoin.com News

OKX Shuts Services in India, Cites “Local Regulations”

OKX, the second largest crypto exchange in terms of trading volume, is shutting down its services in India due to local regulatory hurdles. The exchange has notified its users in the country to close their accounts and redeem funds before April 30.OK...

South Africa Navigates Crypto Regulations: To License 60 Firms This Month

South Africa is planning to license approximately 60 cryptocurrency platforms by the end of March. According to a report by Bloomberg, this initiative by the Financial Sector Conduct Authority (FSCA) underscores the nation's proactive approach toward...

White House proposes crypto regulations to boost federal revenue

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Heightened Crypto Scrutiny: SEC’s 2024 Plans For Enforcement And Regulations Revealed

According to a recent report by the global law firm Norton Rose Fulbright, the US Securities and Exchange Commission (SEC) is set to step up its enforcement approach to the nascent crypto industry in 2024. The report emphasizes that the SEC will cont...

Donald Trump says Bitcoin has 'taken a life of its own', calls for regulations - Finbold - Finance in Bold

Donald Trump says Bitcoin has 'taken a life of its own', calls for regulations& & Finbold - Finance in Bold

Crypto Regulations On The Horizon: UK Prepares To Release New Laws In 6 Months

In a recent development, the United Kingdom (UK) government plans to implement new crypto regulations for stablecoins and staking services within the next six months, according to a Bloomberg report. As the pressure builds to fulfill specific propos...

Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations

Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operation...

Decoding Japan's Trailblazing Stablecoin Regulations

Japan has emerged as a beacon of regulatory clarity, especially in the realm of stablecoins. The Land of the Rising Sun, often associated with resilience, has paved the way for a comprehensive stablecoin framework, setting itself apart as a global le...

UK FCA regulations is exactly why we need decentralisation

Bit of a rant. I've been trying to prep for the next few months and work out the best exchange to buy and also on and off FIAT ramp and seriously, the options for UK crypto enthusiasts are so limited. Can't make any passive earn income or use...

Bridging TradFi and Crypto: “Compliance and Regulations Concerns for Large Institutions”

At the Finance Magnates London Summit 2023, industry leaders convened for a pivotal discussion on “Bridging TradFi and Crypto: Work in Process”, shedding light on the complexities and opportunities inherent in integrating these two distinct spheres....

ESMA Launches Key Consultations on Crypto-Asset Regulations under MiCA

ESMA conducts consultations on reverse solicitation exemptions and classifying crypto-assets as financial instruments, aiming to harmonize EU regulations with MiFID II. (Read More)

Bitcoin ETFs are wrapped in 'thin layer' of indirect regulations — CFTC chair - Cointelegraph

Bitcoin ETFs are wrapped in 'thin layer' of indirect regulations — CFTC chair& & Cointelegraph

Senator Lummis Advocates for Clear Crypto Regulations

US Senator Cynthia Lummis emphasizes the need for robust regulations in the crypto industry, targeting bad actors rather than the technology. She reintroduces the Lummis-Gillibrand bill to enhance oversight and protect against abuse, stressing the di...

Mixing it up: Coinbase Ripples Treasury With Letter Opposing Crypto Regulations

On January 22, Coinbase submitted a letter addressed to the US Treasury’s Financial Crimes Enforcement Network (FinCEN) as a response to the notice of proposed rulemaking (NPRM). The letter challenges the idea that crypto-mixing services are used pri...

FINRA: 70% of Crypto Asset Communications Flout Regulations

A recent examination by FINRA uncovered a staggering 70% potential rate of violation of its retail communication regulations for crypto assets. This revelation has highlighted the need for stringent adherence to regulatory guidelines as firms navigat...

Canada Tightens Crypto Asset Regulations for Public Investment Funds

The Canadian Securities Administrators propose regulatory changes for public investment funds handling crypto assets, focusing on custodianship standards and limiting direct crypto dealings to specific fund types. (Read More)

Peter Schiff Predicts Bitcoin Bloodbath — Expects SEC Chair Gary Gensler to Introduce ‘New Onerous Crypto Regulations’

Economist and gold bug Peter Schiff has predicted that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler “will soon introduce new onerous crypto regulations” that will result in “a sharp decline&#x...

IRS Delays Enforcement of Digital Asset Reporting Rules, Awaiting Regulations

On Tuesday, the U.S. Internal Revenue Service (IRS) and Treasury provided transitional guidance on digital asset reporting, postponing enforcement pending regulation issuance. IRS Temporarily Halts Enforcement of Digital Asset Reporting The U.S. Trea...

South Korea Mulls Issuing Crypto Mixing Regulations to Curb Money Laundering

Financial authorities are preparing to issue cryptocurrency mixing-specific regulations in South Korea to stop criminal groups from using these tools to launder funds obtained illegally. The Korean authorities are discussing whether to allow virtual...

IRS says businesses don't have to report certain crypto transactions until new regulations issued

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