Elizabeth Warren continues pressing for tighter regulation, and Vivek Ramaswamy promises to defend crypto from the government’s overreach if elected.
Category: Regulation News
Canadian regulator seeks feedback on crypto asset exposure disclosure requirements
The Canadian Office of the Superintendent of Financial Institutions is following a Basel model for its disclosure requirements.
US Justice Dept. is reportedly ready to settle with Binance for $4 billion
According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month.
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.
ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms
The latest update is the third amendment to the Bitcoin ETF prospectus by ARK and 21Shares after the firms first filed for a spot Bitcoin […]
Japanese exchange plans to start digital securities trading on Dec. 25
Ichigo Inc., based in Tokyo, plans to offer over $20 million worth of digital securities backed by real estate on Osaka Digital Exchange (ODX).
Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO
In a recent interview with Bloomberg, Mike Belshe, CEO of crypto exchange BitGo, stated that the market structure needs to improve before the U.S. SEC […]
Failed ‘$175 M’ real estate token raise draws ire of Texas regulators
“GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions,” regulators say.
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
In a recent senate hearing, a cybersecurity professional openly endorsed Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act.
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.