China’s new FX rules escalate crypto crackdown - What’s next?

China’s foreign exchange regulator announced new rules aimed at tightening oversight of cryptocurrency activities.  China remains the second-largest holder of Bitcoin globally, owning about The post China’s new FX rules escalate crypto crackdown - What’s next? appeared first on AMBCrypto. дальше »

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China’s new rules force banks to flag transactions with crypto: report

China’s new rules require banks to flag risky transactions, including those involving crypto, making it harder for mainland investors to trade digital assets. China‘s foreign exchange regulator, the State Administration of Foreign Exchange, has rolled out new rules requiring banks… дальше »

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Judge pushes CFTC trial with Gemini to Jan. 21

The civil case between the US financial regulator and Gemini Trust Company was initially scheduled to go to trial before Donald Trump’s inauguration. дальше »

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Bybit halts operations in Malaysia after regulator’s order

The Malaysian Securities Commission has ordered Bybit trading firm and its business chief to end operations. The media release highlighted that the exchange has operated in Malaysia without local certificates. дальше »

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Malaysia’s securities regulator orders Bybit to halt operations

Malaysia’s Securities Commission said that as of Dec. 27, Bybit had complied with its demands to disable its platforms in the country. дальше »

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Bybit shut down in Malaysia over unlicensed operations

Malaysia’s Securities Commission (SC) has directed crypto exchange Bybit and its CEO Ben Zhou to cease all operations within the country. In a recent press statement, the financial regulator explained that the order stems from Bybit’s failure to secure the authorization to operate as a digital asset exchange (DAX) under local regulations. дальше »

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Japan’s FSA pushes for stronger internal audits in crypto exchanges

The Financial Services Agency has released its 2024 monitoring report, urging better internal audits and closer scrutiny of crypto exchanges. Japan’s financial regulator has called for stronger internal audits across the entire financial sector, highlighting the need for better oversight,… дальше »

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SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD (UST) after the stablecoin lost its $1 peg. The regulator alleges that Tai Mo Shan participated in trading designed to create the false impression UST’s advertised algorithm solely sustained its price. дальше »

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Worldcoin: What triggered the German crackdown on WLD’s iris scans?

Germany’s Federal Commissioner for Data Protection (BfDI) has ordered Worldcoin to delete its stored iris scans, citing violations of the GDPR. The regulator highlighted concerns about proceThe post Worldcoin: What triggered the German crackdown on WLD’s iris scans? appeared first on AMBCrypto. дальше »

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German regulator orders Worldcoin to enhance privacy measures after biometric data probe

The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to implement stricter privacy measures after concluding its investigation into the company’s biometric data practices. дальше »

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Bitcoin Lightning Fintech ZBD Approved to Receive EU MiCA License by Dutch Regulator

Countries like the Netherlands are preparing for MiCA implementation. дальше »

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Australia’s corporate watchdog sues Binance’s unit over consumer protection failure

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), announced on Wednesday that it has filed a lawsuit against Binance’s local derivatives business, alleging misclassification of retail customers as wholesale clients, thereby denying them consumer protections. дальше »

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Crypto Gains Before 2022 Fall Under Capital Gains Tax, India Tax Regulator Confirms

The Income Tax Appellate Tribunal (ITAT) in Jodhpur, India, has today clarified the taxation of crypto transactions conducted before the financial year (FY) 2022-2023. According to the ruling, profits from all such transactions will be treated as capital gains. дальше »

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ESMA Publishes Final Guidance on MiCA Implementation Days Before Deadline

The regulator is releasing final guidance to help member states get ready for MiCA which is set to take effect imminently, as some nations are trailing behind. дальше »

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NYDFS approves BitLicense for Anchorage Digital subsidiary

With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015. дальше »

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Trump team weighs options to eliminate key financial oversight regulator

Potential regulatory restructuring could lead to reduced oversight, impacting financial stability and increasing risks in banking and crypto sectors. The post Trump team weighs options to eliminate key financial oversight regulator appeared first on Crypto Briefing. дальше »

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Memecoin Factory Pump.Fun Bans U.K. Crypto Traders

Earlier this week, the U.K.'s main financial regulator warned Pump.fun was operating without permission. дальше »

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U.S. Regulator Told Banks to Avoid Crypto, Letters Obtained by Coinbase Reveal

Coinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking. дальше »

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President Trump confirms Paul Atkins as top pick for SEC chair

U.S. President-elect Donald Trump has picked pro-crypto and former federal regulator Paul Atkins to serve as SEC chair. дальше »

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Australia’s ASIC seeks stricter oversight of stablecoins, wrapped tokens

Australia’s securities regulator has unveiled proposals for stricter oversight of the crypto market, aiming to enhance “consumer protection.” Australia is moving to tighten oversight of cryptocurrencies, pointing out “practical licensing issues” of stablecoins and wrapped tokens. In a Dec. 4… дальше »

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Trump Considers Pro-Crypto Perianne Boring, Caroline Pham as Possible CFTC Chairs

Fox Business says the CEO of the Digital Chamber and CFTC Republican commissioner Caroline Pham are two names being floated to lead the commodities regulator. дальше »

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SEC Sues Touzi Capital Over $115 Million Securities Fraud – Details

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Touzi Capital LLC, a crypto mining company, and its managing member Eng Taing over multiple securities law violations. The US securities regulator claims the defendants allegedly deceived investors and misappropriated funds to the tune of $115 million. дальше »

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New York regulator set to approve Ripple’s RLUSD stablecoin: Report

According to data from CoinGecko, the total stablecoin market capitalization is over $196 billion as of Nov. 29.

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Crypto drives growth of multi-tiered money laundering, Eurasian AML regulator warns

Crypto is fueling a rise in complex money laundering schemes in 2024, the Eurasian Group on Combating Money Laundering warns in its latest report. Money laundering schemes increasingly rely on crypto and multi-layered methods in 2024, highlight the growing complexity… дальше »

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Indonesia’s crypto transactions rose over 350% in a year

Indonesia, one of the most adaptive countries for crypto in the world, has reached a new milestone with transactions of over 475 trillion Indonesian rupiah, or $30 billion. The country’s crypto regulator, Commodity Futures Trading Supervisory Agency (Bappebti), cryptocurrency market… дальше »

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Trump team interviews former Commissioner Paul Atkins for SEC chair role

President-elect Donald Trump is considering Paul Atkins, a seasoned financial regulator and advocate for deregulation, as the next chair of the US Securities and Exchange Commission (SEC), Bloomberg News reported, citing sources familiar with the matter. дальше »

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U.K. Financial Regulator Aims for Crypto Regime by 2026

The U.K. Financial Conduct Authority (FCA) said it wants to implement a crypto regime by 2026.Ownership of crypto assets grew by 4% in the past two years, to include some 7 million adults out of the country's roughly 68 million population. дальше »

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Elon Musk Slams SEC After Scoring Partial Victory in Court, DOGE Founder Joins Him

Tech mogul Elon Musk issues sarcastic SEC post as regulator failed to have him fined дальше »

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Switzerland regulator warns of rising crypto money laundering risks

Switzerland’s Financial Market Supervisory Authority (FINMA) has raised concerns about increasing money laundering risks in the crypto sector. The warning, detailed in FINMA’s 2024 Risk Monitor report, highlights the growing misuse of digital assets like cryptocurrencies and stablecoins for illicit activities. дальше »

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Switzerland’s FINMA warns of money laundering risks with crypto

Switzerland’s Financial Market Supervisory Authority has warned about the risks of money laundering associated with cryptocurrencies. In its 2024 Risk Monitor report,  the regulator noted that cryptocurrencies, including stablecoins, are increasingly used for cyberattacks, payments for illegal dark web activities,… дальше »

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Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing

The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing. дальше »

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An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’

The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal tender. дальше »

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Hong Kong’s HKMA warns against overseas crypto firms posing as banks

The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto… дальше »

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Ex-SEC Lawyers Agree: Crypto Enforcement Shackles May Take Time to Resolve

After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump's win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again. дальше »

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Missing Crypto Influencer, Under Investigation by Canadian Regulator, Found Dead in Montreal: Report

His body was found months after he was kidnapped from a Montreal condo. A 32-year-old woman has been charged with his murder. дальше »

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France considering Polymarket ban after local trader makes $80 million on Trump win

France’s gambling regulator, the National Gaming Authority (ANJ), is expected to block access to Polymarket, a major cryptocurrency-based prediction platform, local news outlet the Big Whale reported. дальше »

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French Regulator Says It's 'Examining' Polymarket

The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election дальше »

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Cyprus regulator extends FTX suspension to May 2025

Cyrpus’ securities regulator has extended the suspension on FTX Europe for the fourth time, which stops trading on the platform but allows customers to withdraw funds. дальше »

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Singapore Pushes for Commercialization of Tokenization

The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors. дальше »

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Immutable pledges to fight after SEC ‘sprayed and prayed’ Wells notice

Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within "hours" of its first interaction with the regulator. дальше »

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Taiwan’s financial watchdog to expand oversight of crypto exchanges: report

Taiwan’s financial regulator is reportedly set to enforce a registration system for crypto exchanges in late November, signaling heightened scrutiny in the sector. Taiwan‘s Financial Supervisory Commission is poised to implement a registration system for crypto exchanges on Nov. 30,… дальше »

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Ripple Vs. SEC: Latest Filing Puts Regulator In Hot Seat With Crypto Firm On The Offensive

Ripple Labs has moved to challenge the SEC in the US Court of Appeals for the Second Circuit, filing a Form C cross-appeal to contest key aspects of the SEC lawsuit. This filing not only contests a previous ruling that classified certain XRP transactions to institutional investors as securities but also responds directly to the […] дальше »

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Bitstamp secures MiFID MTF license from European regulator

Bitstamp has secured a MiFID Multilateral Trading Facility license, enabling the exchange to offer EU-regulated crypto derivatives for institutional and retail investors. Cryptocurrency exchange Bitstamp has reached a milestone by securing a MiFID Multilateral Trading Facility license from Slovenia’s Securities… дальше »

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The Fed Is the Wrong Regulator for Stablecoins

The U.S. central bank would be conflicted, because stablecoins compete with the Fed's payments infrastructure and with potential CBDCs. дальше »

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Ripple Faces Big Setback In Protracted XRP-SEC Case After Missing Critical Filling Deadline

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Who's Afraid of Gary Gensler? Not Don Wilson, the Trader Who Beat the Regulator Once Before

Gensler’s SEC has been vague about how crypto firms can register to legally trade digital assets in the U.S. Chicago-based markets giant Don Wilson thinks that’s a strategy, not an accident. дальше »

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Binance sunsets referral program in Turkey due to local regulations

Crypto exchange Binance has ended its retail referral program in Turkey, just months after registering its services with the local regulator. Cryptocurrency exchange Binance is changing its operations in Turkey, announcing the termination of its referral program for retail customers… дальше »

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SEC lists crypto as an examination priority in 2025

The regulator’s Division of Examinations specifically named spot Bitcoin and Ether exchange-traded products in its priorities after their 2024 launch.  дальше »

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UK Regulator Justifies Tough Crypto Crackdown Amid Industry Pushback

The UK financial regulatory agency sticks to its decision to continue implementing stringent rules in the registration process of businesses involved in cryptocurrencies. The Financial Conduct Authority (FCA) asserted that UK’s tough regulations on crypto firms serve as a deterrence to prevent these companies from becoming conduits for any money laundering activities. Related Reading: Crypto […] дальше »

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SEC v. Ripple: Has Regulator Missed Key Deadline?

Has the SEC missed a key deadline? дальше »

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