Regulation – Page 174

Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment Platforms

The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands by promoting regulation on the issue if these companies […]

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SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges

SEC Chair Gary Gensler Asks Staff to Collaborate With CFTC to Develop New Plan to Regulate Crypto

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges The chairman of the U.S. Securities and Exchange Commission (SEC), […]

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US sanctions Russia’s largest darknet market and crypto exchange Garantex

The sanctions were part of an international effort aimed at “[disrupting the] proliferation of malicious cybercrime services, dangerous drugs and other illegal offerings.”

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European Commission opens new consultation on digital euro

The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy, and the impact on financial stability.

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US lawmakers introduce companion bill to ‘mitigate risks’ from El Salvador’s Bitcoin Law

“The United States must have a plan in place to protect our financial systems from the risks of [El Salvador’s decision,” said Representative Norma Torres.

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Singapore aims to streamline financial watchdog’s authority over crypto firms

“We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets,” said Alvin Tan.

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Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC Merger With Plans to Be Listed on Nasdaq in the Second […]

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UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation

The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by the Summer. U.K. Wants to […]

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SEC chair: retail crypto investors should be protected

“There’s no reason to treat the crypto market differently just because different technology is used,” said Gary Gensler.

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Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a ‘growing concern’

The group said that all technologies — seemingly including crypto — had the potential to enable emissions reductions as well as increased emissions based on how they were governed.

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