Tag: crypto regulation
Former CFTC Chairman Advocates More Regulation of The Crypto market
According to a report written by Timothy Massad from Harvard University, the cryptocurrency industry is in dire need for regulation. Massad said there is need to…
47 countries commit to implement global crypto tax transparency framework
Forty-seven countries, including the United States, the UK, Singapore, Australia, Brazil, Canada, France, Japan, South Korea, and Switzerland, have committed to collectively participate in the…
Hong Kong customs chief urges stronger regulation of crypto money laundering
Hong Kong’s top customs official has called for more robust oversight of over-the-counter (OTC) cryptocurrency shops amid the recent JPEX virtual asset platform scandal, which exposed gaps in the current regulatory regime.
Crypto exchanges in Australia will soon be required to hold a financial-services license
The Australian government has recently proposed a new regulatory framework that will require cryptocurrency exchanges to hold a financial-services license. This proposal builds on existing laws and is aimed at digital-asset platforms that hold more than A$5 million ($3.2 million), or A$1,500 for an individual. These platforms will need to obtain a permit from the Australian Securities and Investments Commission (ASIC).
John Reed Stark Believes The Odds are against Binance and Coinbase in the SEC’s Lawsuits
On July 11, Pauls J. Barbadoro, a US District Judge, issued a judgment against LBRY in just one of the over 150 cases brought against…
Two of the world’s top market-making firms quit trading digital assets
Two major market-making firms, Jane Street and Jump Trading, are scaling back their involvement in trading digital assets due to increased regulatory scrutiny in the…
The SEC has served Robinhood a subpoena as a result of the FTX crash
On Monday, February 27, 2023, Robinhood disclosed in its recent 10-K filing that it received a subpoena from the SEC in December, a month after…
Binance executive said the SEC may push cryptocurrency to the fringes of finance
Binance’s executive, Patrick Hillmann, explains the biggest threat facing cryptocurrencies at the moment. The move by the US authorities to regulate the crypto space following…