Tag: regulation news

FinCEN has finally extended the period for...

Christine Lagarde, the European Central Bank president in her recent talk at Reuters Next...

In a recent interview SEC commissioner aka Crypto Mom Hester Pierce gave her response to recent $1.3 Billion Lawsuit against Ripple and said SEC can do better as enforcement should not be the only way to provide guidance. It should be noted that the hearing for the lawsuit is due in virtual court on Feb. The post "SEC Can do Better on Clarity"...

ShapeShift, a popular crypto trading platfrom today announced that they are doing away with all kinds of KYC requirements on their platform starting today in an...

Latest notice from FinCEN intends to subject digital...

The Office of the Comptroller of the Currency (“OCC”), the largest regulator of federal banks in the US on Monday published...

Just as the timeline for commenting on the newly proposed crypto wallet rules comes to an end by January 4 midnight, Jack Dorsey-owned crypto trading platform Square Inc. has issued a fresh statement on the matter....

U.S. based exchange Bittrex today announced delisting 3 privacy coins namely Monero [XMR], Zcash [ZEC] and Dash [DASH] as of January 15th, 2021. Earlier South Korean exchanges were spotted to delist privacy coins citing the...

Binance US today in an official statement announced that the users will not be allowed to deposit XRP on its platform. The timeline announced by Binance for this halt is January 13, 2021 at 10am EST. However, it...

Cryptocurrency exchange Coinbase was today sued in California federal called for selling XRP alleged to be security token as per latest SEC lawsuit against Ripple. Coinbase is sued for taking commission from XRP sales and violating state...

Coinbase today announced that all XRP trading activities will be suspended at Coinbase from January 19, 2020 onwards. This decision comes in the light of $1.3 Billion lawsuit filed by SEC against Ripple for dealing in security. XRP Delisting at Exchanges Continues, Coinbase Joins the list Since the news of lawsuit against Ripple broke out, The post Breaking: Coinbase to Suspend XRP Trading...

SBI...

SEC in latest press release has provided five more years to digital asset brokers holding custody of security tokens who are following SECs guidelines. This press release comes as a breather for many digital asset and crypto brokers who were under fear due to SECs recent lawsuit on Ripple. No Enforcement Actions For Digital Asset The post Breaking: SEC Issues Statement For Digital...

Israeli tax agencies are eyeing the digital currency market for tax purposes as a recent report in Globes revealed that the tax authorities are sending out notices to cryptocurrency owners in the country asking them to fully disclose their holdings so that they can be taxed accordingly. The report further revealed that the tax authorities The post Israel Tax Office Send Notices to...

The last week in crypto has been pretty exciting when it comes to the crypto market rally. The overall cryptocurrency market cap surged by an additional $100 billion with Bitcoin (BTC) leading the show. As said, the world's largest...

The much-awaited regulations around crypto wallets that would extend AML regulations to non-custodial wallets were finally released by the Financial...

On Friday, December 18, the U.S. Treasury's bureau FinCEN proposed new crypto rules making it mandatory for virtual asset service providers (VASPs) to record and report transactions related to private cryptocurrency wallets. There's...

Vietnamese Prime Minister Nguyễn Xuân Phúc has recently signed an order that puts cryptocurrency and blockchain among its top-5 priorities. As per the released document, this decision comes as part of prioritizing the "research,...

The cryptocurrency market continues to go strong after Thursday's action- packed rally in Bitcoin (BTC) and Ethereum (ETH). As these two crypto giants are taking a momentary break and consolidating, XRP has taken the charge surging...

Today was quite a historic as well as an eventful day in the crypto space with several bullish and positive news emerging across the world. We will look at some of the top stories of the day which made headlines. Bitcoin crosses $20,000 for the first time, $21,000 by EOD seems highly possible. CME announces The post Today In Crypto: Bitcoin Soars Past...