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Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws
In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies. […]
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NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses
This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in the […]
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Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million
Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private […]
The post Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million appeared first on Bitcoin News.
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