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Nalezeno "Regulatory": 2802

SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin

11.7.2024
The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning...

Grayscale Sets Record Date for Ethereum Mini Trust Distribution

10.7.2024
Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly formed Grayscale Ethereum Mini Trust. The distribution will be allocated to shareholders of the existing Grayscale Ethereum Trust on a 1:1 basis. Grayscale Prepares for July...

Nigerian minister urges SEC to tackle crypto regulation challenges

10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated

Microsoft and Apple renounce OpenAI board membership

10.7.2024
After investing $13 billion in OpenAI last year, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators

Binance vs Nigeria: A timeline of events

5.7.2024
As the trial of Binance executive Tigran Gambaryan restarts in Nigeria, Cointelegraph recaps the story so far

Paxos gains approval for Singapore stablecoin launch with DBS partnership

2.7.2024
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch

Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman

2.7.2024
Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other...

Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses

1.7.2024
The U.S. state of Hawaii’s regulatory sandbox concludes today. Crypto companies will no longer require a Hawaii-issued money transmitter license to conduct business within the state. However, they must comply with federal regulations. Hawaii’s Regulatory Sandbox Concludes The Department...

Toncoin gains regulatory approval to trade in Kazakhstan

28.6.2024
The approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA, and others

Nigeria’s SEC boss says crypto can aid 38M unbanked

28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home

Nigerian blockchain group calls for fair resolution in Binance case

27.6.2024
BICCoN believes that a balanced approach can help resolve the current challenges, and empower Nigeria to create a supportive environment for the blockchain industry to thrive

Bybit surpasses Coinbase in market share after Binance's decline

25.6.2024
Bybit became the world’s second-largest crypto exchange, while the leading exchange, Binance, has lost some market share due to previous regulatory issues

Analyst Warns of US Banking Sector Troubles, Foresees Stock Market and Bitcoin Slide

24.6.2024
While U.S. federal regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, have identified concerns with the crisis management tactics of four banks, in a recent interview with Kitco, market strategist Gareth Soloway expressed concerns. Soloway suggests...

South Korean think tank cautions against crypto ETFs

24.6.2024
South Korean researcher Bo-mi Lee highlights crypto volatility and risks, calling for more research and regulatory measures

Binance fined $2.25M by India’s financial intelligence unit

20.6.2024
India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance Director and available company records

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued

15.6.2024
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies...

Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

14.6.2024
Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The...