Tag: Crypto
The Week That Broke the Bank for Crypto
By Pymnts
Every so often, there’s a seismic week that shakes up crypto.
Scratch that.
Seems like every week, nowadays, is a seismic week that shakes up...
Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking
By Pymnts
Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate.
As reported here, Silvergate Capital said in a U.S....
Investors Withdraw $6B From Binance Amid Crypto Regulation
America’s cryptocurrency crackdown has reportedly led investors to pull $6 billion from a Binance-branded stablecoin.
Last month, the New York Department of Financial Services (NYDFS) suspended new issuance of BUSD,...
New York Department of Financial Services Issues Guidance on Cryptoasset Custody...
By: Jason Finger and Timothy Q. Karcher (Blockchain & The Law)
Demand for virtual currency services, including custody services, has soared in the past several years. Like their...
US Regulator Opposes Binance/Voyager Crypto Deal
State and federal regulators want to prevent Binance.US from buying bankrupt crypto rival Voyager.
Court filings Wednesday (Feb. 22) show both the Securities and Exchange Commission (SEC) and the...
Hong Kong Unveils Rules For Crypto With Large Token Options
Hong Kong's Securities authority published its proposed rules for virtual asset trading platforms and is seeking public comments before the final regulation is approved, reported...
SEC Warns Against Celebs Crypto Endorsements After Celtics Fiasco
The Securities and Exchange Commission (SEC) is warning celebrities to be careful about endorsing cryptocurrencies.
The commission issued that warning Friday (Feb. 17) after announcing that Paul Pierce, a...
Australia Kicks Off Crypto Regulation Reform
On February 3, 2023, the Australian government published a consultation paper, exploring those elements of the cryptocurrency ecosystem which require additional regulation. This paper follows...
G20 Nations Consider Collaboration To Regulate Crypto
The world’s 20 biggest economies are could come together in an effort to jointly regulate cryptocurrencies, following months of high-profile scams that have shaken...
India Works With IMF On Crypto Regulations
For the first time since taking over the G-20 presidency, India has officially revealed details of the ongoing work around how to regulate crypto.The...