Many EU Crypto Entities May Not Know the Correct Deadline for Sustainability Disclosures Under MiCA: Risk Analyst

Several crypto asset service providers (CASPS) in the European Union (EU) may not know the correct deadline to make sustainability disclosures reflecting their environmental footprint despite a clarification made by the bloc's securities regulator, the European Securities and Markets Authority (ESMA).

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Nigerian SEC Introduces New Program For VASP Registration

The Nigerian Securities and Exchange Commission (SEC)  has launched a new initiative targeted at hastening the registration process of virtual asset service providers (VASP). According to the securities market regulators in the West African nation, this new program which serves as an amendment to existing rules aims to adjust the current regulatory framework to fit […]

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SEC Crypto Enforcement Leader Departs After Nearly A Decade Of Service

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Argentina introduces national registry for crypto exchanges to enhance market integrity

With an eye on market integrity, Argentina is rolling out a national registry for crypto exchanges, signaling a tightening grip on the burgeoning sector. Argentina‘s National Securities Commission (CNV) has launched the Virtual Asset Service Provider (VASP) registry, receiving applications…

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SEC-registered securities firm launches Ethereum (ETH) custody service 

United States-based blockchain firm Prometheum has stirred the crypto market with its new move, challenging the current regulatory stance on digital assets.   The controversial blockchain company unveiled the long-anticipated Ethereum custody service on May 17.

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French securities regulator, AMF, issues warning on Bybit

The AMF has blacklisted Bybit since May 2022 due to regulatory infractions. French investors urged to prepare for potential service halt. Besides France, Bybit faces global scrutiny and it has already pulled out of Canada and UK.

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Nigeria’s SEC proposes guidelines for crypto firms to fight criminals

The Nigerian securities regulatory authority has introduced new guidelines for crypto service providers.

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Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations

The recommendations are meant to help establish a global regulatory response to the risks posed by crypto asset service providers.

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South Korea’s pension fund bought $20m in Coinbase shares

South Korea’s National Pension Service (NPS), holding the rank of the world’s third-largest pension fund by assets, purchased Coinbase shares worth about $20 million. According to the latest stock holding report submitted to the U.

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SFC releases updated AML/CFT checklist for virtual asset service providers

The Securities and Futures Commission (SFC) has introduced an updated Anti-Money Laundering/Counter-Financing of Terrorism Self-Assessment Checklist, aimed at enhancing compliance in the evolving virtual asset sector.

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HSBC to launch custody service for tokenized securities

Banking giant HSBC is set to introduce digital asset custody services for tokenized securities such as bonds on the blockchain. The bank expects to go live with the service in 2024. The service is geared toward institutional investors and will continue expanding the lender’s offerings in the digital asset realm.

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HSBC taps Metaco for tokenized securities platform

Legacy bank HSBC announced its latest blockchain endeavor in partnership with a Ripple-owned firm to service institutional clients with demand for real-world assets (RWA) hosted on-chain.

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HSBC to Offer Tokenized Securities Custody Service for Institutions

The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.

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Euroclear and World Bank collaborate on €100 million digital bond issuance via blockchain

Euroclear has joined forces with the World Bank to unveil a novel tokenized securities issuance service, marked by a €100 million digital bond issuance, aiming to integrate DeFi technology into TradFi services and enhance efficiency, transparency, and accessibility.

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World Bank Tokenizes $100 Million Bond on Euroclear’s New Blockchain Solution

The World Bank issued a $105M digital bond on Euroclear's new blockchain platform, the first use of its tokenization service for securities.

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Euroclear Unveils RWA Tokenization Service With World Bank's 100M Euros Digital Bond Issuance

The digital bond was issued on R3's Corda blockchain, while global bank Citi and investment manager TD Securities assisted in the issuance.

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Kraken to Launch Stock Trading in 2024: Bloomberg

Bloomberg reports Kraken plans to launch a stock trading service by 2024 through its new division Kraken Securities.

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eToro Gains Footing In Europe With Crypto Registration In Cyprus

eToro has taken steps to solidify its position in the European market. The company recently announced it obtained the Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC).

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SEC accuses Binance US of hampering securities violation probe

The U.S. Securities and Exchange Commission (SEC) has accused Binance US of non-cooperation in a probe into alleged federal securities law violations. The SEC has raised concerns over using Ceffu, a custody service facilitated by the international arm of Binance.…

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European regulator releases consultative paper on MiCA standards for crypto asset service providers

The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations.

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Cardano Price Momentum Bid Fizzles Out Despite New Payment Feature

Cardano is buzzing with excitement as one of its prominent community members, known as ADA Whale, unveils a groundbreaking decentralized payment service called Hydra Pay.   This eagerly anticipated solution comes at a crucial moment for Cardano’s native cryptocurrency, ADA, which has recently faced significant challenges following the United States Securities and Exchange Commission’s classification of the token as a security.

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Binance Changes Terms of Service As BNB Reverses 2023 Gains

Binance, the largest global cryptocurrency exchange, has quietly changed its terms of service after the United States Securities and Exchange Commission (SEC) filed a complaint at the District Court for the District of Columbia on June 5.

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Crypto.com Pauses US Institutional Trading Service Following Regulatory Pressure

Crypto.com, one of the world’s largest crypto exchanges, has halted its institutional trading platform for US clients. The release of this news comes in the wake the Securities and Exchange Commission’s (SEC) decision earlier this week to take legal action against two of the most well-known cryptocurrency exchanges; Coinbase and Binance. Shutting Down Institutional Service […]

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Coinbase has no plans to delist assets or end staking service

Coinbase executives have stated that their company does not intend to end support for tokens and services named in a securities case. Coinbase doesn’t intend to reduce options The U. S. Securities and Exchange Commission (SEC) filed charges against Coinbase on June 6.

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Coinbase One launches amid regulatory challenges

Coinbase launches its subscription service, Coinbase One, in 35 countries, signaling a shift in its revenue model amidst ongoing legal disputes with the U.S. Securities and Exchange Commission.

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Hong Kong’s Crypto Boom: ‘Chinese’ Coins Poised for Explosive Growth with Friendly Regulatory Landscape

Exciting times lie ahead for the cryptocurrency market in Hong Kong as the Securities and Futures Commission (SFC) gears up to introduce a new regulatory framework for virtual asset service providers (VASPs) on June 1, 2023.

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Coinbase to Stop Issuing New Bitcoin-Backed Loans via Its Borrow Service

Coinspeaker Coinbase to Stop Issuing New Bitcoin-Backed Loans via Its Borrow Service The reason behind the exchange's decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws.

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Tax service Betterment to pay $9m amid US SEC charges

Betterment LLC has accepted the $9 million penalty U.S. Securities and Exchange Commission issued for misstatements, poor record-keeping, and disclosure practices.  Betterment LLC is a cash management and robo-advising establishment holding over $34 billion in assets in management and servicing over…

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Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue

Kraken agreed to shut down its US crypto staking service in February as part of a settlement with the Securities and Exchange Commission.

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Bitfinex Securities secures first digital assets license issued by El Salvador under new law

Bitfinex Securities El Salvador was granted the first digital assets service provider license issued by El Salvador under its new Digital Asset Issuance Law regime. The license was issued by the National Digital Asset Commission, which is in charge of regulating the industry in El Salvador.

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Coinbase Stands Firm: Staking Services Will Continue Despite SEC Scrutiny

Even with the Securities and Exchange Commission’s position on staking, Coinbase, the popular crypto exchange, has assured its customers of continuing the service on its platform. In its email, the exchange promised that the staked amounts would continue to earn rewards.

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Robinhood receives investigative subpoena by SEC over crypto listing

Robinhood, a leading American financial service provider, disclosed a subpoena by the United States Securities and Exchanges Commission (SEC). The disclosure made in the annual report stated that it rThe post Robinhood receives investigative subpoena by SEC over crypto listing appeared first on AMBCrypto.

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Hong Kong Proposes Rules for Crypto Trading Platforms

Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.

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Tyler Winklevoss: US SEC proposed rules recognize Gemini crypto custody platform

Tyler Winklevoss, the co-founder of Gemini, a cryptocurrency exchange, in a tweet, claims that their crypto custody service is recognized by the United States Securities and Exchange Commission (SEC).

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US financial committee demands SBF-related documents from SEC

The United States House Committee on Financial Service has requested documents related to charges filed against FTX founder Sam Bankman-Fried by the Securities and Exchange Commission (SEC). The post US financial committee demands SBF-related documents from SEC appeared first on CryptoSlate.

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Coinbase’s Staking Service Faces Questions After Kraken’s SEC Settlement

Though Coinbase’s (COIN) current revenue from staking is relatively small, there is potential for speedy growth if the U.S. Securities and Exchange Commission (SEC) doesn’t crack down on the service altogether.

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Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement

The U.S. Securities and Exchange Commission sued Kraken in federal court Thursday, alleging its crypto staking as a service program violated federal securities laws.

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Hong Kong regulator expands crypto oversight team 

A Feb. 6 filed report highlighted Hong Kong's securities and futures commission's plans to hire additional staff to provide a better supervisory role to virtual asset service providers in Hong Kong. 

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US authorities to intensify scrutiny of crypto industry in 2023

The Securities and Exchange Commission, Financial Accounting Standards Board and Internal Revenue Service are working to tighten crypto regulations and expand industry oversight.

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Israel’s top economist offers suggestions for crypto regulation

The supervisor of financial service providers and the Israel Securities Authority, according to Israel's top economist, ought make a few amendments on crypto regulation. Greenberg believes a few amendments will better the regulatory sector.

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Hong Kong Government Reconsiders Stance on Virtual Asset ETFs, Tokenized Securities, Retail Investors

The government says it's ready to engage with virtual asset service providers and invite them to the city.

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Crypto Exchange FTX US Under Investigation by Texas Regulator Over Securities Allegations

The Texas State Securities Board is investigating FTX US over allegations it offers unregistered securities products through its yield-bearing service, according to a recent court filing.

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Metaverse: Veteran Securities Lawyer Unveils Metaverse Legal Resource

James Murphy, a financial services lawyer has launched MetaLawMan, a platform for objective content and commentary on legal matters arising in the metaverse, including NFT ownership rights and more. Metaverse Terms of Service Reviewed  Since the launch of Dapper Labs’…

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Veteran Securities Lawyer Unveils Metaverse Legal Resource

James Murphy, a financial services lawyer has launched MetaLawMan, a platform for objective content and commentary on legal matters arising in the metaverse, including NFT ownership rights and more. Metaverse Terms of Service Reviewed  Since the launch of Dapper Labs’…

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South Korea: Financial Watchdog Chief Says Crypto Can Be Subject to Capital Markets Law

The governor of the South Korea Financial Supervisory Service (FSS), Lee Bok-Hyun, has indicated that virtual assets could form part of the country's securities and capital markets law. The post South Korea: Financial Watchdog Chief Says Crypto Can Be Subject to Capital Markets Law appeared first on BeInCrypto.

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Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service

Thailand's Securities and Exchange Commission (SEC) has banned crypto companies from offering staking and lending services, according to a release on Thursday.

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Sec’s Investor.gov Launches Public Education Campaign Called Investomania

The U. S. Securities and Exchange Commission (SEC) launched a game show-themed public service campaign to educate investors of “all ages” about the risks of investing in meme stocks. The post Sec’s Investor.

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ABN AMRO Clearing to Join Paxos Settlement Service for Settling US Securities Trades

 Paxos, the first regulated blockchain infrastructure platform, today announced ABN AMRO will become the sixth broker-dealer client to join the Paxos Settlement Service. Paxos Settlement Service is a...

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Bitcoin Miner Marathon Digital Loans 300 Bitcoin to NYDIG for a 3% Interest Rate, Production Rises 6% in August

Publicly-listed Bitcoin miner Marathon Digital Holdings disclosed in its latest filing with the US Securities and Exchange Commission (SEC) that it has entered into a Material Definitive Agreement with Bitcoin financial service provider NYDIG.

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