Tag: Regulation

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program

July 7, 2023

Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program. United States-based cryptocurrency exchange Gemini has announced legal action against the conglomerate Digital Currency Group (DCG) and its CEO Barry Silbert, claiming “fraud against creditors”. In a July 7 filing in a New…
Read more

Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers

July 7, 2023

Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country.  The Virtual Asset Bill, introduced by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, passed the parliament’s lower house in June, aiming to provide a framework for regulating and licensing virtual asset service providers…
Read more

Top Binance Executives Exit Over CEO’s Response to DOJ Investigation

July 7, 2023

Binance’s handling of the recent regulatory troubles has led to the departure of some top executives. Several top Binance executives have resigned this week in response to CEO Changpeng Zhao’s handling of the investigation by the US Department of Justice, Fortune reported on Thursday, citing a source familiar with the situation…. Read More: Top Binance Executives Exit Over CEO’s…
Read more

The EU’s Leaked Metaverse Strategy Proposes Global Regulatory Governance Rules

July 7, 2023

The race to build the perfect virtual ecosystem, popularly termed the metaverse is taking shape with huge technology-driven companies at the fore.  However, regulators within the European Union (EU) have warned of a possible monopoly at the detriment of smaller companies that can lead to its creation without core European values. … Read More: The EU’s…
Read more

Russian Ministry Proposes ‘Crypto Ban’ – But Miners & Stablecoin Issuers May Be Safe

July 7, 2023

The Russian finance ministry has reportedly proposed banning the circulation of crypto in the nation, but wants to make exceptions for stablecoin issuers and crypto miners. Per Frank Media, sources “familiar with the matter” told the news agency Interfax that the proposals could be bundled with the much-delayed crypto mining legalization bill, and have already…
Read more

Today in Crypto: BNB Chain Was the Most Targeted Chain in Q2 with 36 Incidents, Crypto Scammers Posing as Canadian Police Officers, Bill to Exempt Foreigners in Israel from Crypto Taxes Passes Preliminary Reading

July 6, 2023

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: BNB Chain Was the Most Targeted Chain in Q2 with 36 Incidents, Crypto Scammers Posing as Canadian Police Officers, Bill to Exempt Foreigners in Israel from Crypto Taxes…
Read more

Report: Namibian Parliament Passes Crypto Regulation Bill

July 6, 2023

The Namibian parliament recently passed a bill that aims to establish a regulatory regime for cryptocurrencies. According to the Namibian Finance Minister, safeguarding the interests of consumers and combating market abuse are some of the reasons why parliament has taken this step. Mitigating Money Laundering Risks The Namibian parliament is reported to have passed a…
Read more

CFTC Finds Celsius Network and Its Ex-CEO Guilty of Breaking Rules

July 6, 2023

Commodity Futures Trading Commission (CFTC) investigators have ruled that crypto lender Celsius Network and its former CEO Alex Mashinsky violated US rules before the company collapsed.  The findings suggest that Celsius misled investors and failed to register with the CFTC, Bloomberg reported Wednesday, citing people familiar with the matter. … Read More: CFTC Finds Celsius Network and Its Ex-CEO Guilty of Breaking…
Read more

Binance Australia Under Investigation, Offices Searched by Regulator

July 6, 2023

Australia’s financial regulator has visited Binance offices as part of an ongoing probe into the company’s defunct local derivatives business.  On Tuesday, officials from the Australian Securities and Investments Commission (ASIC) conducted searches at Binance Australia’s offices, Bloomberg reported, citing people familiar with the matter.  The investigation revolves around Binance Australia’s classification of clients as retail or wholesale investors. … Read More:…
Read more

Report: South Africa Regulator Says Unlicensed Crypto Exchanges in 2024 May Be Closed Down

July 6, 2023

According to the regulator of the South African financial services industry, cryptocurrency exchanges based in the country must secure operating licenses before the year ends. Crypto exchanges that fail to abide by the requirement will either be fined or closed down, Unathi Kamlana, the Financial Sector Conduct Authority commissioner, said. The Importance of Regulation The…
Read more

Subscribe to Ƀitsell X

©  2026 Ƀitsell X. Built using WordPress and the Mesmerize Theme