Tag: Regulation

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Argentina Approves First LATAM BTC Futures Offering – Are Regulators Softening Bitcoin Stance?

Argentina’s financial markets regulator has approved the Latin America region’s first Bitcoin (BTC) futures contract offering. In an official notice from the Comisión Nacional de Valores (National Securities Commission or CNV), the regulator explained that it had approved the trading of futures contracts on the Matba Rofex Bitcoin Index. The CNV specified that negotiation and…
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Blockchain Association files further FOIA requests over banking closures

The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks. More Freedom of Information Act (FOIA) requests seeking information on recently closed crypto-friendly banks have been submitted by cryptocurrency advocacy group the Blockchain Association (BA) to two regulators. On April 14, the Association said that in addition to the FOIA requests,…
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G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’ discussion on crypto was “very substantive.” G20 Finance Chiefs on Crypto…
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SEC targets DeFi in vote to revisit proposal concerning the definition of ‘exchange’

“It seems perverse to me that we would be encouraging centralization,” said SEC Commissioner Hester Peirce prior to a vote on the proposal. The United States Securities and Exchange Commission has announced it will be revisiting the proposed redefinition of an “exchange” under the agency’s rules — a move that could include crypto market participants…
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Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison

James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the “unlawfully obtained” Bitcoin scheme. The United States Attorney’s Office for the Southern District of New York has announced the sentencing for an individual who pleaded guilty to wire fraud charges connected to “unlawfully…
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MoneyGram Head of Fintech Strategy: Bad News Can’t Stop the Blockchain

As the world rapidly embraces digital transformation, blockchain technology and cryptocurrencies are gaining significant traction in the realm of global remittance, according to Luther Maday, Head of Fintech Strategy and Innovation at MoneyGram. However, the journey to mainstream adoption is challenged by one critical aspect: real-world applicability…. Read More: MoneyGram Head of Fintech Strategy: Bad…
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Arizona governor vetoes bill targeting taxes on blockchain node hosts

The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level. Katie Hobbs, the governor of the American state of Arizona, has vetoed legislation that would have largely stopped local authorities from imposing taxes on individuals and…
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San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee

Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack. The San Francisco Police Department has arrested a tech executive named Nima Momeni in connection with the April 4 stabbing of Cash App creator Bob Lee. In…
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Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat  Read more »Sign…
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EU’s MiCA Law Nears Final Vote, Raising High Hopes for Crypto Regulation

The EU’s new regulatory framework for crypto known as MiCA is expected to be debated in the European Parliament on Tuesday or Wednesday next week, with a final vote expected to follow one day later. The new regulatory framework covers a wide range of issues within the crypto sector, including regulations for companies issuing crypto…
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