crypto regulations

Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase

May 1, 2024 Bitcoin.com

Binance

Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compliance is super important,” Zhao emphasized. CZ: Binance […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress

April 30, 2024 Bitcoin.com

Bitcoin

U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might be classified as a security. Additionally, the lawmaker emphasized that Gensler intentionally misled Congress on the issue. ‘Chair Gensler Himself Misled Congress’ The […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

April 27, 2024 Bitcoin.com

bitcoin.com

A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs

April 25, 2024 Bitcoin.com

SEC Seeks .3 Billion in Final Judgment Against Do Kwon and Terraform Labs

bitcoin.com

The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748,909 in prejudgment interest. SEC Seeks Final Judgment Against Terraform Labs and Do Kwon The […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case

April 23, 2024 Bitcoin.com

Ripple Asks Court to Reject SEC’s Billion Penalty Request in XRP Case

bitcoin.com

Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their entirety,” Ripple stated. Ripple Files Opposition to […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May

April 9, 2024 Bitcoin.com

bitcoin.com

The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s CEO. His firm is one of the applicants seeking approval for a spot ether ETF. “Right now, pins are dropping as far as Ethereum is […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’

April 8, 2024 Bitcoin.com

bitcoin.com

Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional money” into the crypto space for the first time. Ripple’s CEO: Macro Factors Fuel […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Coinbase Chief Policy Officer Says US an Outlier As Major Economies Adopt Clear Crypto Regulatory Frameworks

April 6, 2024 The Daily Hodl

coinbase

A Coinbase executive says the United States is lagging behind other major nations when it comes to adopting clearer regulations on cryptocurrencies. In a new interview with Yahoo Finance, Faryar Shirzad, chief policy officer for the top US crypto exchange, says the majority of the Group of Twenty (G20) members are way ahead of the […]

The post Coinbase Chief Policy Officer Says US an Outlier As Major Economies Adopt Clear Crypto Regulatory Frameworks appeared first on The Daily Hodl.

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets

April 6, 2024 Bitcoin.com

bitcoin.com

India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative is expected “to enhance access and expand choices available to users.” Non-Bank […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Singapore Imposes New Rules for Digital Payment Token Services

April 2, 2024 Bitcoin.com

bitcoin.com

Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do not fulfill the requirements must cease the activities when the amendments come into […]

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