Regulators – DIGIT INFO

Trump team seek ways to slim or abolish banking regulators: WSJ

DIGIT — Fri, 13 Dec 2024 05:04:43 +0000

Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report.

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Judge slams FDIC’s ‘lack of good-faith’ in censoring crypto letters to banks

DIGIT — Fri, 13 Dec 2024 04:21:24 +0000

A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions.

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G7 antitrust watchdogs signal possible action on AI sector competition

DIGIT — Mon, 07 Oct 2024 02:58:16 +0000

The G7 nations want to ensure AI isn’t used to facilitate “collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly.

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The Two-Class System of Regulation Plaguing Europe

DIGIT — Tue, 25 Jun 2024 03:37:50 +0000

In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as well as opportunities for regulators who provide proactive frameworks across the globe. The European Union is the largest government body that has done so through the Markets in Crypto-Assets Regulation (MiCAR), however, it finds itself at a […]

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Ethereum options data highlights bears’ plan to keep ETH price under $3.6K

DIGIT — Thu, 20 Jun 2024 19:41:00 +0000

$4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500.

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Blockchain Assoc. requests info on Prometheum over ‘suspicious’ approval

DIGIT — Fri, 16 Jun 2023 05:30:12 +0000

A FOIA request with the SEC regarding Prometheum has been filed, while others found former FINRA and SEC staffers among the firm’s ranks.

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Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations

DIGIT — Mon, 17 Apr 2023 14:00:33 +0000

According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations in the United States. ‘Lack of Regulatory Clarity’ in the U.S. […]

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Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

DIGIT — Mon, 27 Mar 2023 22:30:38 +0000

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. […]

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Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

DIGIT — Sat, 25 Mar 2023 03:15:14 +0000

U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell the country’s financial calamity. Janet […]

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US Bank collapse — Was crypto being targeted?

DIGIT — Fri, 17 Mar 2023 12:50:10 +0000

The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through closure of SVB and Signature Bank.

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