Hong Kong’s Secretary for Financial Services and Treasury has revealed that greater than 80 crypto firms have expressed curiosity in establishing a presence in Hong
Tag: Regulation
SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023
2023 is shaping as much as be a painful yr for the U.S. Securities and Exchange Commission (SEC) because it finds itself entangled in battles
US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency
U.S. Senator Ted Cruz has launched “laws to ban the Federal Reserve from creating a direct-to-consumer” central financial institution digital forex (CBDC). The lawmaker warned
Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy
A legislative proposal has been launched to assist the bitcoin economic system within the U.S. state of Texas. “The individuals who own bitcoin should be
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
The U.S. Securities and Exchange Commission (SEC) has despatched Coinbase a “Wells notice” about potential violations of securities legislation. The Nasdaq-listed cryptocurrency trade famous that,
SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has taken motion towards Justin Sun, the founding father of Tron, and the Tron Foundation, issuing expenses for
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply
The monetary regulatory physique of Belgium has been tasked by the federal government to manage ads for cryptocurrencies. New guidelines, set to enter into pressure
Taiwan’s Financial Supervisory Commission Set to Regulate Country’s Virtual Assets Industry
Taiwan’s Financial Supervisory Commission is ready to be introduced because the physique that can oversee and regulate the digital asset trade. According to a report,
FL Gov. DeSantis Proposes Ban on Central Bank Digital Currency Use as Money
Governor Ron DeSantis of the U.S. state of Florida has proposed laws to ban using central financial institution digital foreign money (CBDC) as cash in
Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for two Years Before Another Bank Fails
The Mid-Size Bank Coalition of America has requested federal regulators to increase FDIC insurance coverage to cowl all deposits for the following two years. “Doing