Category: Regulation

Ripple CEO criticizes India’s looming crypto ban

‘Disappointing to see India flip-flop on crypto,’ Garlinghouse stated.

September 16, 2020
49 US States Unveil Unified Regulation for Cryptocurrency Firms

The Conference of State Bank Supervisors, representing regulators from all U.S. states and territories, has launched a new regulatory framework for payments and cryptocurrency companies. One Set of Rules for All US States Regulators in 49 U.S. states have agreed to a single set of supervisory rules for money services businesses, including cryptocurrency service providers.…

September 16, 2020
India’s Crypto Bill Omitted From Parliament Agenda While New Ban Report Appears

Despite much anticipation, the Indian cryptocurrency bill is not included in the list of bills to be introduced in the current session of parliament. Meanwhile, a new report of India’s government planning to ban cryptocurrency trading has emerged. Indian Government’s Cryptocurrency Plan The Indian government has been deliberating on how it will treat cryptocurrencies in…

September 16, 2020
South Korean police seize Bithumb shares in third raid this month

The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman’s shares.

September 16, 2020
Mark Cuban-backed $31 million ICO “Unikrn” agrees to US SEC fines

Unikrn, a Seattle-based e-sports platform, has agreed to pay a $6 million fine to settle a complaint by the US Securities and Exchange Commission that said it raised $31 million by selling unregistered securities, according to a release. $6 million fine agreed The firm previously boasted celebrity investors like Ashton Kutcher and Mark Cuban, and…

September 16, 2020
Philippines SEC warns of ‘cloud mining’ Ponzi related to Bitcoin Vault

The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment.

September 15, 2020
Suspended ePayments platform will relaunch without crypto

ePayments is preparing to relaunch but there will be no crypto or peer-to-peer payments.

September 15, 2020
Privacy coins ‘pose less risk of money laundering than other coins’

Privacy coins aren’t a major money laundering risk a new white paper argues.

September 15, 2020
Binance US on track to launch in all 50 states by 2021

‘100% coverage is our goal,’ said Binance US.

September 15, 2020
Tassat will be able to launch Bitcoin swaps after all, says CFTC

The fintech firm was supposed to reinstate its CFTC registration after 12 months of no trading but will not have to face an enforcement action.

September 15, 2020