SEC Chair Gensler plugs changes to exchange definition that worries crypto

Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too.

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UKs FCA provides more guidance on crypto promotion compliance

The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October.

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French regulator accepting CASP applications ahead of MiCA rollout

The AMF is giving firms registered under its current DASP rules ample time to transition, too.

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EU MiCA stablecoin regulations come into effect: Law Decoded

Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.

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IRS reveals final regulations for crypto broker rules

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.

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Bitstamp drops Tethers euro stablecoin amid new MiCA rules

Bitstamp was one of the first crypto exchanges to list Tethers euro-pegged stablecoin, EURT, in November 2021.

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Louisianas new crypto law protects node operators, bans CBDC

The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and establish rules for digital asset miners and node operators.

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Australia cracks down on online gambling with crypto, credit card ban

The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).

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US President Joe Biden vetoes SAB 121 repeal

United States President Joe Biden said he vetoed the resolution because "he will not support measures that jeopardize the well-being of consumers and investors."

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Deadline for Updated Crypto Rules Compliance Set by Dubai Regulator

The Dubai cryptocurrency regulatory body has recently made significant updates to its rulebooks, specifically focusing on tightening regulations around margin trading. This move comes as part of the ongoing efforts by Dubai to enhance transparency and security within the crypto market. The updated rulebooks aim to address concerns surrounding the risks associated with margin trading, [...]

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Judge rules US Treasurys OFAC powerless to reinstate Tornado Cash sanctions

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is unable to reverse sanctions imposed on Tornado Cash, a popular Ethereum mixer service. Despite efforts to reach out to OFAC for clarification on the matter, it seems the sanctions placed on Tornado Cash will remain in place. This development has raised concerns [...]

The post Judge rules US Treasurys OFAC powerless to reinstate Tornado Cash sanctions appeared first on Crypto Breaking News.

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Senator Lummis Criticizes Feds Withdrawal of Crypto Banking Rules as Lack of Real Progress

Guidance on crypto banking in the United States has been a topic of discussion at the Federal Reserve, with Senator Cynthia Lummis expressing doubts. The debate revolves around the regulation and integration of cryptocurrencies within the traditional banking system. Lummis, a known supporter of crypto assets, believes that the current regulatory frameworks may hinder innovation [...]

The post Senator Lummis Criticizes Fed’s Withdrawal of Crypto Banking Rules as “Lack of Real Progress” appeared first on Crypto Breaking News.

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SEC New Draft Crypto Rules Adds 100M Capital Requirement, Registration Exemptions

The proposed issuance, now titled SEC Guidelines on the Operations of Crypto-Assets Service Providers, removes or revises several high-level policy sections from the original SEC Rules on Crypto-Assets Service Providers, in favor of highly detailed technical and compliance guidelines.

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Google Cracks Down on Crypto Ads in Europe: MiCA Rules to be Enforced from April 23

In a recent development, Google has updated its stance on crypto advertising to comply with the Markets in Crypto Assets (MiCA) policy in Europe. MiCA is a legal framework that aims to regulate the use of cryptocurrencies and crypto-assets in the European Union. Under the new policy, Google will require advertisers offering cryptocurrency products or [...]

The post Google Cracks Down on Crypto Ads in Europe: MiCA Rules to be Enforced from April 23 appeared first on Crypto Breaking News.

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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured [...]

The post Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors appeared first on Crypto Breaking News.

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US Lawmaker Warns of Severe Consequences if Musk Violates SEC Rules

House Democrats are considering taking action against billionaire Elon Musk for his recent conflict with the Securities and Exchange Commission (SEC). The SEC has accused Musk of violating a settlement agreement by tweeting about Tesla’s production numbers without approval. This potential move by House Democrats to hold Musk accountable for his actions comes after years [...]

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Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets

Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue Support for Certain Privacy Coins Despite Earlier Intentions to Remove Them The world’s

The post Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets appeared first on BTC Ethereum Crypto Currency Blog.

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SEC adopts cyberattack disclosure rules, listed crypto firms included

Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need to comply with the rules.

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EU proposes new AI copyright rules: what does it mean for AltSignals?

The European Commission started drafting the AI Act about two years ago to regulate emerging artificial intelligence (AI) technology like AltSignals’s ActualizeAI, which has seen a boom in investment and popularity following the launch of OpenAI’s AI-powered chatbot ChatGPT. After finishing drafting the act, members of the European Parliament have agreed to push the draft …

<p>The post EU proposes new AI copyright rules: what does it mean for AltSignals? first appeared on CCNC | Cryptocurrency Newscast.</p>

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Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, [...]

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