Regulation – Page 93

Treasury Pick Holds Up to $500K in Blackrock Bitcoin ETF, Vows to Divest Over Conflicts

January 13, 2025 by DIGIT

A Treasury nominee’s six-figure stake in Blackrock’s bitcoin ETF reveals crypto’s grip on elite portfolios, raising stakes for future U.S. economic policy decisions. Blackrock Bitcoin ETF in Spotlight as Bessent’s Financial Ties Unveiled Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, has disclosed a personal investment of between $250,001 and $500,000 in Blackrock’s bitcoin … Read more

US Crypto Enforcement Titans Exit: A New Era for Digital Assets Awaits

January 12, 2025 by DIGIT

Top U.S. regulators who championed aggressive crypto enforcement are stepping down, paving the way for a new era of innovation-focused oversight under the incoming administration. End of an Era: US Regulators Who Championed Crypto Enforcement Step Down Several high-profile cryptocurrency enforcement leaders at the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission … Read more

Russia Tightens Digital Asset Rules With Stricter Trade Oversight Standards

January 12, 2025 by DIGIT

Russia’s central bank now mandates the registration of foreign exchange trade contracts involving digital rights, aiming to enhance oversight, integrate cryptocurrencies, and ensure financial stability. Bank of Russia Tightens Grip on Crypto Deals and Digital Tokens Russia’s central bank, the Bank of Russia, has introduced regulations to manage foreign exchange operations involving digital rights. Digital … Read more

Blender and Sinbad operators face US money laundering charges

January 10, 2025 by DIGIT

Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large. Go to Source

CFPB proposes crypto firms refund users for funds lost to hacks

January 10, 2025 by DIGIT

A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.” Go to Source

US Senator Vows to Reverse Harm SEC’s Gary Gensler Inflicted on Crypto

January 10, 2025 by DIGIT

A U.S. senator vowed to undo SEC Chair Gary Gensler’s crypto policies, backing a nominee expected to champion innovation and create a friendlier regulatory environment. US Lawmaker Pledges Swift Action to Undo Gensler’s Crypto Disruption U.S. Senator Tim Scott (R-S.C.) voiced his support for Paul Atkins’ nomination to a prominent financial regulatory role in a … Read more

Polymarket users bet Biden more likely to pardon SBF than Ross Ubricht

January 9, 2025 by DIGIT

The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015. Go to Source

Wisconsin lawmaker to chair US House digital assets subcommittee

January 9, 2025 by DIGIT

French Hill has stepped back as leader of the digital assets, fintech, and AI subcommittee to become chair of the full House committee in the 119th Congress. Go to Source

Standard Chartered debuts crypto services in Europe with new license

January 9, 2025 by DIGIT

Banking giant Standard Chartered is debuting crypto services in Europein Europe via its new Luxembourg entity after securing a digital asset license under the MiCA framework. Go to Source

Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection

January 9, 2025 by DIGIT

The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will … Read more