Regulation

Ripple is considering leaving the U.S. and opting for Asia or Europe instead because of the unfavorable regulatory climate caused by U.S. regulators.In response to the excessive and unclear regulation by the U.S. Securities and Exchange Commission (SEC), Ripple is planning to move overseas. This was revealed by Ripple’s executive chairman Chris Larsen in a virtual interview with Fortune.Speaking at the LA Blockchain summit on 6th October, Larsen expressed his displeasure with the U.S....

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 986. Im heutigen Video geht’s um folgende Themen: England verbietet ab 2021 Bitcoin-Futures und Derivate, Krypto Regulierung in den USA & MetaMask integriert DeFi Exchange. 1.) Britische FCA verbietet ab 2021 Bitcoin-Futures und Derivatehttps://bitcoin-kurier.de/britische-fca-verbietet-ab-2021-bitcoin-futures-und-derivate/ 2.) ‘Crushing’ regulations could drive Ripple out of...

Jay Clayton said the SEC’s door is “wide open” to those who want to learn and understand how to “tokenize the ETF product in a way that adds efficiency.”United States watchdogs, the Securities and Exchange Commission (SEC) and the Office of the Comptroller of the Currency (OCC) has provided key answers to some regulatory myths in the blockchain and cryptocurrency ecosystems hampering growth while restating commitments to aid the growth of the ecosystem. As reported by The Block, both the SEC...

Regulators heat up the pressure on crypto after the two Iranian flagships reached the Venezuelan cost. It is assumed that the Venezuelan government paid the Iranian for the delivered gasoline in crypto.CFTC fined the popular derivatives platform BitMex for operating an unregistered platform in the US and violating the Anti-Money Laundering regulations. The regulator also charged the top-management of the derivatives trading platform, including the CEO Arthur Heyes, as a consequence almost...

Cryptocurrency is a growing medium of finance, but according to many analysts, the lagging tax regulations is a serious problem for the arena worldwide, and they are convinced that so long as regulations continue to lag, the crypto space will never reach mainstream or legitimate status.Regulations May Not Be as Important as We ThoughtFor years, people have been talking about the lack of regulation and clarification regarding tax data for cryptocurrencies. What constitutes a transaction? What...

A recent study compiled with government authorities and regulators concluded that they still view the cryptocurrency industry as a significant risk source. Those establishments raised concerns regarding the field’s self-regulation and the number of illegal activities funded by digital assets.Unsurprising: Regulators Worried About Crypto RegulationsThe UK’s oldest defense and security think tank, the Royal United Service Institute (RUSI), published the study dubbed Cryptocurrency Risk &...

It looks like banks and financial institutions are still split right down the middle when it comes to cryptocurrency.Many Banks Are Still Iffy on the Subject of CryptoFor the most part, the gap between both centralized and decentralized finance has been somewhat bridged over the past few months. After all, many banks have now been given the green light to offer crypto custody services to their customers, but how many are looking to do this willingly?It appears many of them are still having...

In a somewhat unexpected turn of events, the United States Commodities and Futures Trading Commission has pressed charges against the owner-operators of BitMEX for illegally running a cryptocurrency exchange and failing to comply with anti-money laundering regulations.As CryptoPotato reported earlier today, this had an immediate impact on Bitcoin’s price, which dropped by as much as around $400 following the news.Now, BitMEX has posted an official announcement with a brief comment on the...

The EU has realized that the future of finance is digital and Valdis Dombrovskis has indicated that the regulatory push will help to prevent market segmentation within the EU.The European Union (EU) has revealed plans to enact a regulatory framework that will govern cryptocurrencies and stablecoins in the region. According to the EU, some cryptocurrencies or crypto assets already fall under the regulatory purview of the body, but most of the extant regulations were enacted long before the...

Richard Ells is the CEO of Electroneum, a cryptocurrency app for smartphones that allegedly offers one of the fastest payment options out there. He’s also created a cryptocurrency known as ETN that he says is used by hundreds of thousands of people around the world to garner access to basic financial services.Richard Ells: Crypto Is Better Than It LooksHe says that one of the things that bothers him most nowadays is how the cryptocurrency space is widely depicted in a negative light by the...