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Nalezeno "crypto firms": 712

Estonian Crypto Firms Engage in ‘Massive-Scale’ Fraud and Aid Russia Evade Sanctions: Report

6.10.2023
Estonia has been one of the early receivers of cryptocurrency licenses in the EU, but it did not save the Baltic nation from falling victim to ‘massive-scale’ crypto-related fraud and scams, an investigation report from international journalists revealed.... Read More: Estonian Crypto Firms Engage...

Dutch Crypto Firms Secure Partial Legal Victory Against Regulatory Fees

5.10.2023
Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory.... Read More: Dutch Crypto Firms Secure Partial...

Why Some Crypto Firms Are Suspending Services in the U.K.

4.10.2023
Luno, Bybit and PayPal have recently withdrawn certain services from the U.K. – just ahead of tough new promotions rules for crypto firms coming into effect

UK Regulator Saw 'Poor' Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules

2.10.2023
With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told

Lazarus Group’s New Malware is Harder To Detect, Cyber Security Firm Warns Crypto Firms

2.10.2023
Cyber security experts at ESET have warned firms of the threat posed by the Lazarus Group’s new malware “LightlessCan” saying it is more difficult to detect than previous versions. According to the firm, the malware is mostly deployed in employment scams luring users to install a malicious payload...

Crypto firms beware: Lazarus’ new malware can now bypass detection

2.10.2023
The malware payload “LightlessCan" — used in fake job scams — is far more challenging to detect than its predecessor, warns cybersecurity researchers at ESET

Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto

1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...

Nine Crypto Firms in Taiwan Form Working Committee to Foster Regulatory Push

26.9.2023
Taiwan’s crypto community is coming forward to establish a working group in mid-October to “effectively integrate” digital currency adoption and self-compliance, in a move to “establish an effective and smooth communication channel with the government.” According to a press release, nine...

Former SEC Official Urges DOJ Action Against Crypto Industry — Says Crypto Grifters Need Threat of Prison Time

26.9.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has called on the U.S. Department of Justice (DOJ) to prosecute more crypto firms. “The stark reality is that the SEC is merely a civil enforcement agency. And until crypto-grifters face the threat of...

How are crypto firms responding to US regulators' enforcement actions?

23.9.2023
Prometheum was purportedly "purpose-built to comply with federal securities laws" and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase

Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

21.9.2023
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined

Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations

21.9.2023
The UK's financial watchdog was forced to welcome cryptocurrency firms into the British market, according to Charles Randell, the former chairman of the Financial Conduct Authority (FCA). During a conference hosted by the Bank of England's Prudential Regulation Authority, Randell said the...

UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance

21.9.2023
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter

Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance

21.9.2023
The Hong Kong Monetary Authority said on Sept. 10 that crypto firms presenting themselves as banks are in contravention of the region’s Banking Ordinance. The HKMA argued such descriptions “may mislead members of the public into believing that those crypto firms” are financial...

FCA Report Highlights Talks Between Banks and Crypto Firms Amid Rising Debanking Worries

20.9.2023
The UK's Financial Conduct Authority (FCA) has initiated talks between banks and crypto firms experiencing difficulties in accessing banking services, according to a recent report addressing the issue of debanking in the country.... Read More: FCA Report Highlights Talks Between Banks and Crypto...

a16z’s Arianna Simpson Says Lack of Specific Guidelines is Pushing Crypto Firms Offshore

20.9.2023
a16z General Partner Arianna Simpson believes the US needs to establish a regulatory framework that instills confidence in crypto firms and allows them to build technology products without fear of potential consequences. Simpson claimed that the lack of specific guidance in the US is causing...