Crypto events turn to regulation and politics as US election looms
Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election. Go to Source
Regulation
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Crypto Super PACs spend $1.3M on candidates as early voting continues
The Fairshake and Defend American Jobs PACs reported media buys for GOP and Democratic candidates in the House of Representatives ahead of the elections. Go to Source
Tokenization and Stablecoins Close to Being Regulated in This Latam Giant
The President of the Central Bank of the Latin American giant announced plans to expedite the regulation of asset tokenization and stablecoins by 2025. The bank will issue a new consultation this month to gather more input on the rules for approving VASPs’ operations in the country. Central Bank of Brazil to Expedite Asset Tokenization … Read more
Sen. Warren calls out Deaton’s ‘pro-bono work for crypto’ in 2nd debate
The Oct. 17 debate was likely the final time the two Senate candidates faced off before the November election. Go to Source
Crypto.com sees ‘strong legal footing’ in crypto rulings against SEC
Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against the regulator, its chief legal officer Nick Lundgren said. Go to Source
Cyprus SEC Enforces EU Crypto Regulation — Key Deadlines Loom
Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October. Providers already registered may operate until mid-2026 or until their authorization status is determined, marking a major shift in crypto compliance across … Read more
SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?
The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a … Read more
Better Know a Crypto Candidate: Kari Lake
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain. Go to Source
Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments
Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and virtual staking pools. Now, affected individuals have 90 days to file claims, with promises of refunds for all deposited funds or … Read more
Chevron overturn unlikely to impact SEC’s conduct — Ripple CLO
In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry. Go to Source