Regulation – Page 89

South African Government to Add Crypto Entities to ‘List of Accountable Institutions’

According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting Dec. 19. Businesses that convert one crypto asset to another or that conduct transactions where a crypto asset is transferred […]

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Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out

A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax exemptions for green mining operations and the issue of segregating customer assets from company funds for […]

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NYDFS proposes regulation to assess costs of ‘supervision and examination’ for licensed crypto firms

Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.

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We could use crypto regulation after FTX — but let’s start with basic definitions

Congress should start by addressing what cryptocurrencies are securities and what are commodities.

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Bitcoin price volatility expected ahead of Friday’s $430M BTC options expiry

Here is why Bitcoin bears stand to profit from this week’s $430 million BTC options expiry.

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Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse

“The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure,” said Rostin Behnam in a hearing on FTX’s failures.

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US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’

US Treasury's Yellen Says Crypto Industry Doesn't Have Adequate Regulation — Calls FTX Collapse 'a Lehman Moment'

U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion and the Need for […]

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Don’t’ believe the hype — Bitcoin price rally to $17K reflects improving sentiment

Negative newsflow continues to make headlines but BTC’s recent move above $17,000 suggests investors are finding reasons to be bullish.

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Senate Banking Committee chair calls for coordination with Treasury on crypto

The committee chair cited crypto exchange FTX’s “alarming fraud”, liquidity crunch, and bankruptcy as an example of financial risk Treasury and regulators should address.

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ECB Blog Post Insists This Is ‘Bitcoin’s Last Stand,’ Officials Claim BTC Is Headed Toward ‘Irrelevance’

On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” The ECB authors further say that while bitcoin’s price has consolidated and stabilized, the central bank officials remarked that “it is an artificially […]

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