The limitations of the EU’s new cryptocurrency regulations
By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent? Go to Source Powered by WPeMatico
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Change lies ahead for haphazard crypto regulation
Regulators have been slow to act on cryptocurrency, according to Dr. Jonathan Reichental, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead. Go to Source Powered by WPeMatico
Montana’s ‘right to mine’ crypto bill moves closer to passing as law
The bill seeks to enshrine crypto miners’ rights and will still have to pass muster in the states House before its signed into law by the governor. Go to Source Powered by WPeMatico
Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges
The original indictment against the former FTX CEO included eight criminal charges without breaking down separate counts involving his alleged actions at both FTX and Alameda. Go to Source Powered by WPeMatico
Rep. Maxine Waters says all US regulators ‘better get together on crypto’
According to Representative Maxine Waters, the crypto market crash and bankruptcies gave U.S. lawmakers an opportunity of “getting accountability” in the space through legislation. Go to Source Powered by WPeMatico
FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto
In an objection to Voyager’s proposed restructuring plan, the commission argued some of the involved parties should not be exempt from certain financial claims in the future. Go to Source Powered by WPeMatico
Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets
A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door to Blockchain Space for Russian Financial Service Providers The State Duma, the … Read more
Federal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report
The judge reportedly did not expand SBF’s bail conditions to include restrictions on the internet or VPNs, but asked his lawyers to pay for a consultant to explore the matter. Go to Source Powered by WPeMatico
Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.” Go to Source Powered by WPeMatico
US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been “asleep at the wheel” amid major bankruptcies in the crypto space causing the loss of millions in user funds. Go to Source Powered by WPeMatico