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U.S. House Approves Major Crypto Bill, Pushes For A Regulatory Framework
A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry. On July 26, the U. S House Financial Services Committee approved the Financial Innovation and Technology Act for the 21st Century Act, popularly known as FIT21. дальше »
2023-7-28 01:00 | |
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Over 69% of BTC Supply Dormant for a Year – Holders Don’t Want To Sell Their Bitcoin
The term ‘HODLing’ has emerged as a popular strategy among long-term Bitcoin holders. This term, originating from a misspelling of ‘hold’, has come to signify the act of holding onto a cryptocurrency, particularly Bitcoin, for a long period without selling it. дальше »
2023-7-27 18:30 | |
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Coinbase CEO Says Vote ‘Yes’ for Crypto Regulatory Bills: FIT2, Blockchain Certainty Act
Coinbase’s chief, Brian Armstrong, is using his platform to encourage American citizens to endorse the proposed crypto regulatory bills – the Financial Innovation and Technology for the 21 Century Act... дальше »
2023-7-27 16:23 | |
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Landmark crypto legislation defines SEC, CFTC jurisdiction on digital assets, commodities
In a significant move for the digital asset ecosystem, the House Financial Services Committee passed the ‘FIT for the 21st Century Act,’ officially titled the “Financial Innovation and Technology for the 21st Century Act” on July 26. дальше »
2023-7-27 12:53 | |
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Big Win For Crypto as Regulatory Bill Gets House Approval
The US House Financial Services Committee has approved the Financial Innovation and Technology for the 21st Century Act, a major step towards cryptocurrency regulation, despite potential resistance in the Democrat-led Senate. дальше »
2023-7-27 09:36 | |
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US House Financial Services Committee passes bill for clear crypto regulation
A vital US House meeting has passed a bipartisan bill that might finally ensure the sought-after regulatory clarity for cryptocurrency businesses. On Wednesday, 26 July, most United States watchdogs voted to advance two cryptocurrency regulation bills, approving the 21st Century Act to safeguard customers and ensure decisive rules for the digital asset sector. дальше »
2023-7-27 07:32 | |
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Investor Alert! TOADS Projected To Be Up 450% , Reasons To Buy Now!
Attention all investors! If you’re seeking a golden opportunity for substantial gains, look no further than DigiToads (TOADS). With its impending price surge of 450% in just one month, the time to act is now. дальше »
2023-7-27 16:02 | |
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Stablecoins Act As ‘Connector’ Between Crypto And The Real World: Ex-CFTC Chief
Stablecoins have been gaining traction in the financial world, prompting discussions about their significance and potential risks. In an eye-opening interview, Timothy Massad, the former chairman of the US Commodity Futures Trading Commission, recently emphasized the importance of government attention toward the stablecoin ecosystem. дальше »
2023-7-26 14:05 | |
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Namibia takes a U-turn with its new crypto regulation bill
Once the Ministry of Finance determines a date, the law will come into force in the country. Called the Namibia Virtual Assets Act 2023, it is the first law in Namibia, outlining how to regulatThe post Namibia takes a U-turn with its new crypto regulation bill appeared first on AMBCrypto. дальше »
2023-7-26 13:00 | |
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Регулирование криптовалют в мире по состоянию на середину 2023 года
Швейцария: В соответствии с Законом об инфраструктуре финансового рынка (Financial Market Infrastructure Act (FMIA)) при получении лицензии на торговлю токенами, выпущенными на распределенном реестре (DLT), юридическим лицам можно: осуществлять торговлю токенами как имеющими статус ценных бумаг, так и иных финансовых инструментов; оказывать кастодиальные услуги по токенам. дальше »
2023-7-26 10:44 | |
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Bitcoin Blood Money: Woman Gets 5 Years For Hiring Crypto Hitman To Kill Ex-Husband
In a shocking revelation on the dark net, Bitcoin played a chilling role in a sinister plot masterminded by Kristy Lynn Felkins, a 38-year-old woman from Nevada. Intent on carrying out an evil act, she sought the services of a hitman to execute a deadly plan targeting her ex-husband. As the cryptocurrency paved the way […] дальше »
2023-7-23 13:43 | |
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CoinCenter, other advocacy groups condemn CANSEE bill for overreach on DeFi
CoinCenter and other crypto advocacy groups have criticized a Senate bill that would impose strict regulations on individuals involved in decentralized finance (DeFi). The bill in question is titled the Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE). дальше »
2023-7-21 00:30 | |
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DeFi under threat? What the U.S. Senate is planning for the sector
The U. S. Senate has proposed a new act that could limit DeFi's growth in the country. DeFi protocols remained unaffected, and tokens did not witness any price depreciation. Over the last quaThe post DeFi under threat? What the U. дальше »
2023-7-21 20:30 | |
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DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill
A new bill introduced into the US Senate proposes to tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations for decentralized finance (DeFi) services. The Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act aims to prevent money laundering, stop crypto-facilitated crime and sanctions violations, and ensure that DeFi services meet the same AML and […] дальше »
2023-7-20 00:00 | |
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The Web3 Gaming Revolution Owes an Enormous Debt to Web2
Few people expected the advent of blockchain technology to usher in a new era for gaming. Propelled by a relentless wave of hype and innovation, uncountable blockchain games have rolled off the production line in recent years as both crypto-native and web2 studios have gotten in on the act. дальше »
2023-7-18 19:41 | |
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Op-ed: SEC’s lawsuit against Binance demonstrates scope of its crypto enforcement efforts
On June 5, 2023, the SEC filed an extensive civil complaint against Binance Holdings Limited, its assorted affiliates, and its beneficial owner and CEO, Changpeng Zhao, alleging multiple violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. дальше »
2023-7-16 16:05 | |
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Polygon to replace MATIC? Here's all you need to know
POL could replace MATIC as Polygon's native token. The introduction would allow holders to act as validators. Polygon [MATIC] Labs' new proposal may see the project’s native token make wayThe post Polygon to replace MATIC? Here's all you need to know appeared first on AMBCrypto. дальше »
2023-7-14 00:30 | |
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Marex Unveils Bitcoin, Ether-Linked Long Strategy With Dollar Index as Hedge
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said. дальше »
2023-7-12 14:45 | |
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Senators Lummis and Gillibrand set to present crypto bill in Congress, again
Senators Cynthia Lummis and Kirsten Gillibrand are reviving their proposed Responsible Financial Innovation Act to address ongoing discussions on cryptocurrency regulations. After much anticipation, Sens. дальше »
2023-7-7 20:40 | |
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How Will South Korea’s New Digital Asset Regulations Affect Crypto Companies?
South Korea's National Assembly has passed its first standalone legislation for digital assets, the Virtual Asset User Protection Act, which establishes safeguards for crypto traders and users, and mandates supervision of virtual asset services providers. дальше »
2023-7-4 11:12 | |
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South Korea Pioneers Crypto User Protection with Significant Legislation
In a landmark move, South Korea has passed a significant piece of legislation aimed at safeguarding users in the rapidly evolving cryptocurrency sector. The Virtual Asset User Protection Act, approved by the National Assembly, is set to revolutionize the crypto landscape in the country. дальше »
2023-7-3 14:19 | |
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South Korea passes new crypto legislation focusing on investor protections
The South Korean National Assembly passed the Virtual Asset User Protection Act on June 30 during a plenary session, local media SBS reported. The legislation combines 19 different crypto-related bills that aim to establish a regulatory framework for the industry and define digital assets that are securities. дальше »
2023-6-30 21:50 | |
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UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity. дальше »
2023-6-30 17:13 | |
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EU data act adopts smart contract kill switch regulations
The European Union (EU) is making progress on the European Data Act, despite facing criticism from the cryptocurrency community, as lawmakers have reached an agreement to proceed with the legislation. дальше »
2023-6-28 20:41 | |
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European Union finalizes Data Act despite protests
The EU blockchain community has raised concerns that the Act's provisions on smart contracts could kill the industry. A recent open letter signed by these organizations stated that the Act coulThe post European Union finalizes Data Act despite protests appeared first on AMBCrypto. дальше »
2023-6-28 14:30 | |
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EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
дальше »2023-6-28 13:53 | |
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Binance reportedly pulls out of Austria, shifts focus to MiCA compliance in Europe
Binance told CryptoSlate in a June 26 email that it strives to act in compliance wherever it operates amid new reports that it withdrew from yet another European market. Earlier today, reports emerged that Binance had withdrawn its application in another European country. дальше »
2023-6-26 19:55 | |
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Singapore MAS Proposes Protocol For Digital Money Use, Partners With Amazon For Trials
The Monetary Authority of Singapore (MAS), the financial regulatory body of Singapore, has published a whitepaper outlining the common standards for the use of digital money. This crypto-friendly act is a testament to the growing adoption of digital assets in the island country of Singapore. дальше »
2023-6-21 18:00 | |
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Why The Ripple General Counsel Demands Impartiality From SEC Staff
In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. дальше »
2023-6-21 20:30 | |
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EU Commission Brushes Off 'Data Act' Fears by Crypto Industry
New rules could kill off permissionless smart contracts, the industry worries. дальше »
2023-6-21 20:28 | |
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UK Upper Parliament Approves New Crypto Regulation Bill
The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […] дальше »
2023-6-20 18:00 | |
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FDIC Issues ‘Cease And Desist’ Order To OKCoin Crypto Exchange
In a June 15, 2023 press release, the Federal Deposit Insurance Corporation (FDIC) alleged that the crypto exchange OKCoin USA Inc violated the Federal Deposit Insurance Act by making false and misleading statements regarding its insured status with the FDIC on its website and in a social media post. Through a cease and desist letter, […] дальше »
2023-6-20 23:12 | |
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The United States Isn’t Banning Crypto, It’s Letting Legacy Firms Take Over
As the US refrains from banning crypto, legacy firms like BlackRock, Soros Fund Management, and EDX Markets are ushering in a new era. The takeover is less of a hostile act and more of a natural evolution, marking the maturation of the cryptocurrency sector. дальше »
2023-6-20 18:00 | |
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Millions in USDT paid for unlocking stolen iPhones as Apple refuses to act
The cryptocurrency tether (USDT) is used for hundreds of millions of dollars worth of transactions for illicit lost and stolen iPhone unlocking services. Apple appears to have taken little action despite being alerted to the ongoing security breach in their… дальше »
2023-6-20 16:08 | |
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EU lawmakers vote for landmark Artificial Intelligence regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems like ChatGPT to first undergo review before release to the public. The regulation also seeks a ban on real-time biometric recognition. дальше »
2023-6-15 21:33 | |
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SEC snubs Coinbase’s seven-day rulemaking request but could act by October
The U. S. Securities and Exchange Commission (SEC) stated in a June 13 court filing that it has not yet decided on requests from Coinbase. SEC says it hasn’t decided on rulemaking In July 2022, Coinbase petitioned the SEC to engage in rulemaking for the cryptocurrency industry, seeking clear regulatory guidelines. дальше »
2023-6-14 09:53 | |
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Crypto industry leaders urge Congress to act on digital asset regulations amid SEC crackdown
The House Financial Services Committee will hear testimony from five key blockchain industry figures on June 13 as the U. S. government grapples with how to address an increasingly urgent regulatory problem. дальше »
2023-6-13 21:26 | |
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Nigeria’s New Crypto Tax Policy Could Set The Tone For Africa’s Positive Web3 Relationship
The country’s 2023 budget is riddled with an 11 trillion naira budget deficit and 6 trillion naira debt service cost, so it is looking for new avenues to fund its budget, observers say. Nigeria has placed a 10% tax on digital asset profits in the latest Nations Finance Act 2022 amendment. The tax will include […] дальше »
2023-6-13 22:26 | |
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US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler
U.S. lawmakers Warren Davidson and Tom Emmer introduced a bill on June 12 to restructure the U.S. Securities and Exchange Commission and remove its chairman, Gary Gensler. In a June 12 statement, the lawmakers stated that the bill, tagged “the SEC Stabilization Act,” would change the financial regulator’s current structure, ensuring its priorities protect investors’ […] The post US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler appeared first on CryptoSlate. дальше »
2023-6-13 22:23 | |
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