Billionaire investor Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has provided some suggestions on how the U.S. Securities and Exchange Commission (SEC) should regulate the crypto industry, including how the regulator should handle multi-function crypto tokens. His recommendations followed a series of enforcement actions by the securities watchdog,…
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The Autorité des Marchés Financiers (AMF), France’s markets watchdog, has expressed its full support for globally coordinated and transparent regulation in decentralized finance (DeFi). The goal is to protect users and promote the growth of this new and innovative sector…. Read More: Global Crypto Regulations for DeFi Backed by France’s Markets Regulator Read more »Sign…
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Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased scrutiny from regulators and ahead of Europe’s new crypto rules. Binance No Longer Authorized to Provide Regulated Activities…
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A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets. The investors’ service of credit ratings agency Moody’s has reported that without support from United States lawmakers on both sides of the political aisle for legislation focused on digital assets,…
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Deutsche Bank, the largest bank in Germany, is seeking regulatory approval to offer custody services for digital assets, including cryptocurrencies. A Deutsche Bank executive explained that the digital asset move is part of the giant lender’s broader strategy to boost fee income. Deutsche Bank Applies for Digital Asset License Germany’s largest bank by total assets,…
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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: Deutsche Bank Applies for German Digital Asset Custody License, Scam Trezor App Warning, Japan’s Crypto Exchanges Urge Regulators to Relax Margin Trading Restrictions, New Banking Restrictions for Australian…
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Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes. Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation that could help support the adoption of…
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Binance Markets Limited, a UK subsidiary of Binance, has canceled its registration with a UK regulator. That came in a June 7 update from the Financial Conduct Authority that said the subsidiary is not allowed to “undertake any regulated activity in the UK.”… Read More: Binance Subsidiary Cancels Registration With UK Regulator Read more »Sign…
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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: IMF Will ‘Pursue Relentlessly’ CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down Read more »Sign up…
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Avraham Eisenberg faces civil lawsuits from the U.S. Commodity Futures Trading Commission, Securities and Exchange Commission and Mango Markets and criminal charges from the DOJ. The criminal case against the crypto user allegedly behind a multimillion-dollar exploit of decentralized exchange Mango Markets will be moving forward in the United States, with a trial scheduled for…
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