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EU Commissioner Urges US Lawmakers to Establish New Crypto Rules
19.10.2022
Mairead McGuinness, the European Commission’s commissioner for financial services, warned about the dangers that digital assets could pose to financial stability and called for US politicians to draw up new rules to govern the crypto industry....
Read More: EU Commissioner Urges US Lawmakers...
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
19.10.2022
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto...
Institutions 'moving very, very fast' into Crypto: Coinbase exec
19.10.2022
D’Agostino also said the recent battles between the SEC and CFTC is a good thing for crypto because it indicates that it will be a “vitally important piece of market structure” moving forward
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....
Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations
18.10.2022
Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). The whereabouts of the hedge fund’s...
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
18.10.2022
The European Union's executive arm also wants blockchains to show energy-efficiency labels, and to end crypto tax breaks
UK Law Commission to review international laws on crypto to consider legal reforms
18.10.2022
The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023
Fintech Bill Approved and Ready to Be Sanctioned in Chile
18.10.2022
A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the sector, the bill is directed...
Ripple CEO ‘Outraged’ by SEC over XRP Lawsuit – Time to Buy XRP?
17.10.2022
Ripple Labs CEO Brad Garlinghouse has recently expressed his "outrage" at the US Securities and Exchange Commission (SEC) over the regulator’s lawsuit against Ripple.
In response to a user's tweet on Saturday, Garlinghouse lashed out at the SEC for suing the company, noting that there won't be...
Three Aussie crypto funds halted as regulator cites non-compliance
17.10.2022
Three funds tracking Bitcoin, Ethereum, and FileCoin have been issued interim stop orders by Australia’s market regulator due to "non-compliant" target market determinations
US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is Needed Now’
16.10.2022
A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are securities, others may be commodities, and others may subject to...
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities
13.10.2022
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM defines different classifications for existing cryptocurrency assets, specifies which...
Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023
13.10.2022
Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole...
Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF
12.10.2022
Crypto asset management company Grayscale has filed the opening brief in its lawsuit against the U S. Securities and Exchange Commission (SEC), challenging the agency's decision to deny its application to convert the GBTC into a spot Bitcoin ETF.
Grayscale, which has been trying to convert...
SEC Investigating Bored Ape NFT Creator Over Unregistered Asset Offering
12.10.2022
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club, over the sale of its NFTs and digital tokens.
The regulatory agency is investigating whether some Yuga Labs NFTs are akin to stocks and should...
EU Commission Launches Proposal for Study of Automated DeFi Supervision
10.10.2022
The study is the latest in a series of moves in a regulatory push across the bloc
Mad Money’s Jim Cramer Wants Crypto Investors to Bet Against Him — ‘I Have Done This for 42 Years’
10.10.2022
The host of Mad Money, Jim Cramer, has challenged crypto investors to bet against him. “You do not do this for 42 years and lose money every year,” he said. His statement followed a filing with the U.S. Securities and Exchange Commission (SEC) for “Inverse Cramer ETF.”...
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
7.10.2022
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited...
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
7.10.2022
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with...
European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion
7.10.2022
Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders...