Tag: Regulation

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FTX Japan Crypto Exchange to Resume Withdrawals Today – Here’s What’s Happening

FTX Japan, the Japanese arm of the fallen FTX crypto exchange, has resumed withdrawals today according to a new announcement. The firm said that it would resume services for withdrawing fiat currency and cryptoassets of FTX Japan at noon on Tuesday (JST) via the Liquid Japan platform – a crypto trading platform acquired by FTX…
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Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet

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: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet  Read more »Sign up for e-EUR – the…
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Zambia Experiments with Technology to Regulate Cryptocurrency – Here’s What You Need to Know

The Ministry of Technology and Science has announced that it is testing technology to regulate crypto as Zambia embarks on its mission to become a regional hub. According to the Technology and Science Minister Felix Mutati, the testing will be done through the Security Exchange Commission and Bank of Zambia.  He opined that, “Cryptocurrency will…
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Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed Custodia’s unsuccessful application to become a member of the Federal Reserve System,…
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NBA Star Paul Pierce to Pay $1.4M in Penalties for Promoting EthereumMax

The U.S. Securities and Exchange Commission has charged former NBA player Paul Pierce with violating anti-fraud and anti-touting rules by promoting the EthereumMax cryptocurrency. Pierce has agreed to settle the charges and pay $1.409 million in penalties…. Read More: NBA Star Paul Pierce to Pay $1.4M in Penalties for Promoting EthereumMax  Read more »Sign up for e-EUR…
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Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules

The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and the national securities regulator (CVM). Brazilian Government…
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SEC chair issues warning to celebrities promoting crypto amid latest enforcement action

Gary Gensler said investors in crypto projects “should know why celebrities are making those endorsements,” as Kim Kardashian and Paul Pierce did for EMAX through social media. The United States Securities and Exchange Commission has announced a $1.4-million settlement with former NBA player Paul Pierce for allegedly promoting a token project on social media. In…
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Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status

Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s CEO on Cryptocurrency Regulation The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase (Nasdaq: COIN),…
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Do Kwon removed 10K Bitcoin from Terra after collapse — Takeaways from SEC complaint

The SEC complaint included allegations around claims of TerraUSD’s peg, Terra’s relationship to Chai, and co-founder Do Kwon cashing out for millions. A complaint filed by the United States Securities and Exchange Commission said Terra co-founder Do Kwon and Terraform Labs laundered more than $100 million worth of Bitcoin from the platform following its collapse…
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Today in Crypto: ‘Fundamental Clash Between Regulations and Crypto’, Ethereum Devs Patch Testnet Bug, Bank of Japan Set to Launch CBDC Pilot in April

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: ‘Fundamental Clash Between Regulations and Crypto’, Ethereum Devs Patch Testnet Bug, Bank of Japan Set to Launch CBDC Pilot in April  Read more »Sign up for e-EUR –…
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