CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep

The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the agency. дальше »

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SEC Shocker: Ripple’s XRP Deemed ‘Valueless’ – Has the Agency Lost Its Path?

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Global crypto policy underway? FSB, IMF to deliver a paper at G20

The FSB is G20's global standard setter; the IMF is the global economic agency. India, which is hosting the G20 presidency until December 2023, has requested the paper. The Financial StabiliThe post Global crypto policy underway? FSB, IMF to deliver a paper at G20 appeared first on AMBCrypto. дальше »

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Japanese regulator seeks to scrap “unrealized gains” tax on crypto

The Japanese Financial Services Agency has proposed changing the tax code around digital assets to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto. дальше »

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Spot Bitcoin ETF Nears Green Light: Former SEC Chief Clayton Predicts Approval

Jay Clayton, who formerly held the top post with the securities agency, is not surprised by the SEC delay. However, he predicts a spot ETF could soon make a debut. The post Spot Bitcoin ETF Nears Green Light: Former SEC Chief Clayton Predicts Approval appeared first on BeInCrypto. дальше »

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Lawyer outlines Ripple-SEC settlement path amid Coinbase case impact

John Deaton clarified that even if an appeal were possible in such a situation, the agency’s authority would be diminished.

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Coinbase Vs SEC: XRP Lawyer Rates Chances Of Case Dismissal At 35%, Here’s Why

Popular pro-XRP lawyer John E. Deaton has weighed in on the ongoing court case between the United States Securities and Exchange Commission (SEC) and the Coinbase cryptocurrency exchange. In June, the US securities regulator launched a lawsuit against Coinbase, accusing the exchange of running an “unregistered securities exchange, broker and clearing agency.” On August 4, […] дальше »

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JPMorgan Eyes Crypto Travel with New Trademark

JPMorgan Chase is diving deeper into the cryptocurrency sphere with its latest trademark application for "Chase Travel," indicating plans to offer financial exchange of virtual currency alongside travel agency services дальше »

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Stronghold requests permission to burn tires for crypto mining in Pennsylvania

The company requests the use of tire-derived fuel, citing the United States Environmental Protection Agency’s approval to use the energy source at other industrial facilities in the state. дальше »

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SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

Analysts say the best-case scenario for crypto is that the Securities and Exchange Commission approves the batch of spot Bitcoin ETFs, but the agency may exercise its right to an appeal. дальше »

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SEC In Turmoil: Internal Rebellion Erupts Over NFT Showdown, Regulators At War?

In a recent development, two prominent commissioners at the US Securities and Exchange Commission (SEC), Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFT). дальше »

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SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler

The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting. дальше »

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Uzbekistan Set to Implement Framework for Registering Crypto Miners

Earlier this month, NAPP approved two banks to be participants in the national digital sandbox for regulations. When asked about the agency's regulatory sandbox, Pak noted that currently, three participants are registered. дальше »

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Crypto Scammers Outwit DEA In Airdrop Ploy, Walk Away With $55,000+ Stablecoins

Crypto scammers dealt a blow to the United States Drug Enforcement Administration – the agency tasked with enforcing the country’s drug laws – by making off with $55,000 in seized Tether (USDT) earlier this year. дальше »

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US DEA loses over $50k USDT to scammer in botched transaction: Forbes

The U. S. Drug Enforcement Agency (DEA) unknowingly sent over $50,000 in Tether’s USDT to a crypto scammer, according to an Aug. 24 Forbes report. The scammer tricked the DEA into sending 55,000 USDT to their wallet instead of the U. дальше »

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FTX reports a cybersecurity breach involving its claims agent Kroll

Kroll is acting as the claims agency for FTX in the ongoing bankruptcy case. Kroll is in contact with the affected individual. FTX is seeking to increase its crypto holding through selling, staking and hedging with the help of Galaxy Digital. дальше »

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DEA gets duped: Agency loses $55K in address poisoning scam

The DEA, the country's lead drug enforcement agency, is yet to find those responsible for the attack but has enlisted the help of the FBI. дальше »

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Crypto Debacle: DEA’s $50,000 Seizure Ends Up In Scammer’s Hands

According to a recent report by Forbes, the US Drug Enforcement Agency (DEA) has inadvertently transferred $50,000 worth of seized cryptocurrency to a hacker, who has amassed hundreds of thousands in Ethereum (ETH) within a few months. дальше »

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SEC, DOJ file charges against creator of little-known Blazar Token

The U. S. Securities and Exchange Commission (SEC) filed charges against John DeSalvo, the creator of a minor cryptocurrency called Blazar Token, on Aug. 23. The agency said that DeSalvo created Blazar Token in 2021 and raised $620,000 from 220 investors before the token ultimately collapsed in May 2022. дальше »

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Tornado Cash co-founders charged by DOJ; one sanctioned by U.S. Treasury while the other arrested by FBI

The U. S. Department of Justice (DOJ) announced charges against two individuals who co-founded Tornado Cash on Aug. 23. The agency unsealed an indictment charging Roman Storm and Roman Semenov with various wrongdoings related to creating, operating, and promoting Tornado Cash — a once-popular Ethereum-based coin mixer that obscured crypto transactions. дальше »

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FBI warns of a $40 mln sale of stolen crypto by North Korean hackers

The FBI said the North Korean hackers have transferred stolen Bitcoin worth $40 million to different Bitcoin addresses. The agency believed the group may now try liquidating these assets. OnThe post FBI warns of a $40 mln sale of stolen crypto by North Korean hackers appeared first on AMBCrypto. дальше »

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FDIC Issues Warning Over Increased and Complex Crypto-Related Risks

The Federal Deposit Insurance Corporation (FDIC) has issued a fresh warning to financial institutions about the increased and complex risks associated with crypto-related activities. In its 2023 risk review report released Monday, the agency said that crypto-assets “pose novel and complex risks to the U. дальше »

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Report Shows FBI’s Crypto Bag Grew Significantly In 4 Months

Despite the decentralized nature of cryptocurrencies, authorities have in the past made several seizures of cryptocurrencies. This time around, a recent filing by the Federal Bureau of Investigation (FBI) revealed that the agency confiscated close to $1. дальше »

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Judge favors Treasury in Coinbase-backed lawsuit over Tornado Cash sanctions

A district court judge sided with the U.S. Treasury Department in a lawsuit that involves Coinbase and sanctions imposed on crypto mixer Tornado Cash. The decision came as a blow to six plaintiffs who had challenged the agency’s authority in… дальше »

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SEC petitions judge to certify appeal in XRP security case

The legal back-and-forth between the U. S. Securities and Exchange Commission (SEC) and Ripple (XRP) continues. The agency filed a petition late Friday, Aug. 18, asking Judge Analisa Torres, of the U. дальше »

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SEC Crosses Jurisdictional Bounds Again in Pursuit of Do Kwon

In a groundbreaking move, the SEC is extending its jurisdiction to South Korea as part of its investigation into Do Kwon, co-founder of Terraform Labs, signifying the agency's unwavering global regulatory reach. дальше »

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Federal Reserve shuts down Farmington Bank over unapproved stablecoin project

The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy without notifying supervisors or gaining approval. The U.S. government agency said that it approved Farmington’s application to become a bank holding company in 2020, at which time it imposed certain conditions on the bank and […] The post Federal Reserve shuts down Farmington Bank over unapproved stablecoin project appeared first on CryptoSlate. дальше »

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Uzbekistan permits two banks to issue crypto cards

Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation. дальше »

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Crypto Controversy: Republican Lawmakers Grill Gensler Over Prometheum’s SEC Blessing

In a recent development, Republican lawmakers on the U. S. congressional committee responsible for overseeing the Securities and Exchange Commission (SEC) have intensified their scrutiny of the agency’s crypto approval process. дальше »

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Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto. дальше »

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Pepe Rivals DigiToads Previews New Play to Earn Game: Heroes of the Swamp

Formerly a dominant contender in the domain of meme coins, Pepe (PEPE) has gradually receded from the limelight. The focus of investors has perceptibly shifted toward DigiToads (TOADS). Drawn by its unveiling distinctive proposition, DigiToads enters the scene with an alluring play-to-earn (P2E) gaming paradigm, affording TOADS token holders the agency to engage fervently in … Continued The post Pepe Rivals DigiToads Previews New Play to Earn Game: Heroes of the Swamp appeared first on BeInCrypto. дальше »

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Former SEC official: Bitcoin ETF approval won’t happen any time soon

John Reed Stark, founder and chief of the Office of Internet Enforcement at the U.S. Securities and Exchange Commission (SEC), claims the agency will only approve Bitcoin spot ETF after 2024. Stark weighed in on the current regulatory environment in… дальше »

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Former SEC Chief Claims Agency Will Not Greenlight Spot Bitcoin ETF

According to former Securities and Exchange Commission (SEC) chair Jay Clayton, the regulatory agency will not approve a spot bitcoin exchange-traded fund (ETF) anytime soon. Clayton’s statement comes as the SEC has once again delayed making a determination on the spot bitcoin ETF proposal submitted by ARK Invest. дальше »

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How Paypal USD may affect Ethereum as first ‘stern warning’ appears

PYUSD's launch on the Ethereum blockchain could positively influence ETH, an analyst opined. The U.S. banking agency has cautioned banks from using the stablecoin. The entry of PayPal USD [PThe post How Paypal USD may affect Ethereum as first ‘stern warning’ appears appeared first on AMBCrypto. дальше »

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Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation

The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said. дальше »

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Nigeria national agency to authenticate government certificates using blockchain

The National Information Technology Development Agency (NITDA) of Nigeria is to use blockchain technology to issue National Youth Service Corps (NYSC) certificates to combat forgery. The agency’s director general Yusuf Kashafu disclosed this at a policy dialogue on implementing a national blockchain. дальше »

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Binance Regulatory Issues To Persist As BDC Union Pushes Against Operations In Nigeria

Binance faces increasing regulatory scrutiny as a Nigerian trade union calls for the Federal Government of Nigeria to ban the exchange’s operation within the West African nation.  In a Tuesday Interview with the News Agency of Nigeria (NAN), Aminu Gwadabe, President of the Association of Bureaux De Change Operators of Nigeria (ABCON), expressed that the […] дальше »

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UK National Crime Agency Opens Roles for Crypto Investigators Amid Tightening Regulation

NCA has opened one position of Digital Assets Disclosure Officer in multiple locations, with the closing date for applications being August 21, 2023. The post UK National Crime Agency Opens Roles for Crypto Investigators Amid Tightening Regulation appeared first on BeInCrypto. дальше »

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UK Resident Looking For Job? NCA Ramps Up Recruitment for Crypto Crime Division

The UK's National Crime Agency expands efforts to counter crypto crimes, announcing key positions for its Complex Financial Crime Team. дальше »

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UK to expand crypto crime agency, hiring spree underway

The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups.

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SEC chair Gary Gensler pivots agency’s attention to AI: “We can get to crypto later”

According to reporting from Bloomberg, U. S. Securities and Exchange Commission (SEC) chair Gary Gensler is downplaying its focus on cryptocurrency to direct its attention toward artificial intelligence, a technology that he says “warrants the hype. дальше »

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Nigeria’s SEC warns against trading on Binance

The agency insists that the platform doesn’t have a license to work in the country and that its operation is illegal.

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French Privacy Agency Raises Concerns Over Worldcoin’s Biometric Data Collection

The French privacy watchdog, CNIL, has launched a probe into Worldcoin's biometric data collection, questioning its legality and storage conditions. Worldcoin, a project of OpenAI, conducting iris scans worldwide. дальше »

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French privacy watchdog questions Worldcoin’s data collection method: Report

French data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable” alongside the conditions for storing the data. дальше »

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Indian Supreme Court raps Union government on crypto rules delay: Report

The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes. дальше »

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UK crime agency scouts for seasoned crypto investigators

The ideal candidate to join the National Crime Agency will be an existing member of the police staff who is a certified, accredited financial investigator. дальше »

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TSMC to Capitalize on AI Boom with $2.9B Investment in Advanced Chip Packaging Plant

Coinspeaker TSMC to Capitalize on AI Boom with $2. 9B Investment in Advanced Chip Packaging Plant According to Taiwan’s official Central News Agency, “the rapid growth of the artificial intelligence (AI) market has driven a surge in demand for TSMC’s advanced packaging. дальше »

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EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says

The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements дальше »

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Tether (USDT) Rated ‘D’ in New Stablecoin Credit Ratings List

Tether (USDT) received a low rating from independent nonprofit stablecoin rating agency, Bluechip, due to its lack of decentralization and governance issues. Bluechip suggested improvements for Tether to upgrade its rating. дальше »

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US State Agency Warns Of Rising Crypto Scams On Popular Social Media Platforms

The citizens of Vermont have been recently cautioned by the state’s financial regulatory agency, the Department of Financial Regulation (DFR), regarding the increasing occurrence of crypto investment scams on widely used social media platforms. дальше »

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