Regulation & Law – Page 30

Regulation

India ED freezes US$1.57 mln in crypto allegedly laundered through WazirX, Binance

India’s financial crime fighting agency has frozen over US$1.5 million in cryptocurrencies as part of a money laundering investigation against mobile gaming application E-nuggets, the Enforcement Directorate (ED) said on Wednesday. See related article: Indian authorities probe alleged $125 mln money laundering cases involving crypto, report says Fast facts The ED launched a money laundering […]

Pradipta MukherjeeSep 28, 2022

Regulatory News

Binance law enforcement training program to seek out ‘bad actors’

Binance, the world’s largest cryptocurrency exchange, has launched a dedicated program to “help law enforcement detect financial and cyber crimes,” in a move it claims to be an industry first to combat crypto crimes, the exchange said Tuesday, as it navigates regulatory headwinds and ramps up compliance efforts. See related article: Binance says it complies […]

Timmy ShenSep 28, 2022

Regulation

Crypto community pushes back following CFTC charges against Ooki DAO

The Commodity Futures Trading Commission faces criticism from cryptocurrency industry as opposition grows over “unprecedented” charges against the Ooki DAO.

Dylan ButtsSep 27, 2022

Regulatory News

California governor vetoes bill requiring crypto-related businesses to obtain special license

A bill that proposed a regulatory and licensing framework for crypto companies was rejected by Gov. Gavin Newsom amid a broader national debate concerning the policing of digital assets.

Dylan ButtsSep 26, 2022

Regulation

Binance taps ex-U.S. senator Max Baucus to chair global advisory board

Binance has tapped Max Baucus, a former U.S. senator and ambassador to China, to chair its new global advisory board, to advise the world’s largest cryptocurrency exchange on regulatory, political and social issues. See related article: Binance stablecoin conversion controversial, but what does it mean for users? Fast facts Binance said on Thursday in a […]

Timmy ShenSep 22, 2022

Regulation

Ripple objects to SEC’s relief suggestion in XRP lawsuit

Ripple Labs Inc. has objected to the U.S. Securities and Exchange Commission’s suggestion that it may seek additional time and pages if other amici curiae (Latin for friends of the court) submit briefs, as the lawsuit the SEC filed in 2020 against Ripple drags on. See related article: SEC, Ripple seek summary judgment in attempt […]

Timmy ShenSep 21, 2022

Regulation

South Korea unlikely to push out crypto regulation before the U.S., authority says

South Korea’s top financial watchdog Monday said it is difficult for the country to establish laws overseeing the cryptocurrency industry in the country ahead of a common global regulatory framework as cross-border enforcement would be a key determinant of effectiveness.

Danny ParkSep 20, 2022

Regulation

Crypto research firm founder accused of promoting ICO for compensation

Self-described crypto influencer charged with violating SEC regulations by trading and promoting an initial coin offering under undisclosed financial terms.

Dylan ButtsSep 20, 2022

Regulation

If the UK wants to become a crypto hub, it must do better

Britain's internal divisions could thwart its crypt ambitions, writes Nick Saponaro of Divi Labs. Will it be eclipsed by crypto-friendly Dubai?

Nick SaponaroSep 20, 2022

Regulation

SEC, Ripple seek summary judgment in attempt to speed up XRP lawsuit

The argument centers around if Ripple’s XRP sales were offerings of unregistered securities.

Timmy ShenSep 19, 2022