regulator – DIGIT INFO

Coinbase Pressures Regulators to Let Banks Hold Crypto—Game-Changer Ahead?

DIGIT — Fri, 07 Feb 2025 03:30:20 +0000

Coinbase is demanding federal regulators tear down banking barriers to crypto, arguing that clear, enforceable rules will unlock financial innovation, stability, and mass adoption. Coinbase Battles Banking Barriers—Will the Feds Finally Open the Floodgates? Crypto exchange Coinbase (Nasdaq: COIN) is pressing federal banking regulators to create standardized regulations for cryptocurrency-related services within the banking industry. […]

Go to Source

SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

DIGIT — Tue, 17 Sep 2024 23:40:42 +0000

The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]

Go to Source

US regulator fines crypto fund $150K for illicit Bitcoin loan

DIGIT — Tue, 20 Aug 2024 20:58:41 +0000

It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.

Go to Source

Did Binance’s CZ predict his own downfall?

DIGIT — Wed, 22 Nov 2023 12:32:56 +0000

An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth.

Go to Source

Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator

DIGIT — Thu, 12 Oct 2023 04:11:56 +0000

The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored.

Go to Source

Binance seeks protective order against SEC’s ‘fishing expedition’

DIGIT — Tue, 15 Aug 2023 04:03:06 +0000

The exchange claims the SEC’s deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.

Go to Source

Prime Trust’s financials ‘considerably deteriorated,’ says Nevada regulator

DIGIT — Thu, 22 Jun 2023 22:53:49 +0000

Nevada’s business regulator issued a cease and desist order to the crypto custodian alleging it has a “shortfall of customer funds.”

Go to Source

Tax Authority Slated to Become Main Crypto Regulator in Russia

DIGIT — Wed, 17 May 2023 10:25:56 +0000

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and Transactions to Their Tax Service […]

Go to Source

Systemic Swiss Banks Not Ready for Crisis, Regulator Says

DIGIT — Fri, 28 Apr 2023 12:00:13 +0000

Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds […]

Go to Source

Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case

DIGIT — Fri, 14 Apr 2023 20:19:57 +0000

Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an […]

Go to Source