Regulations News Post

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

FTC announces investigation into Voyager's 'deceptive and unfair marketing' of crypto

In an objection to Voyager's proposed restructuring plan, the commission argued some of the involved parties should not be exempt from certain financial claims in the future.

US lawmaker introduces bill aimed at limiting Fed's authority on digital dollar

If passed, the legislation could prohibit the Fed from issuing a digital dollar “directly to anyone”, as well as bar the bank from implementing monetary policy based on a CBDC.

Breakdancing medic’s NFT auctioned at Sotheby’s — Grant Yun, NFT creator

Artist name: Grant Riven Yun Location: Milwaukee Date minted first NFT: Feb. 3, 2021Which blockchains? Ethereum, Counterparty (Bitcoin) Who is he? Grant Yun has always been an artist at heart with an early aspiration to have his work featured at a major auction house. A curious and motivated individual, Yun is studying medicine while juggling his work […]

BIS head claims fiat won battle with crypto, Bitcoin community disagrees

BIS General Manager Agustín Carstens reckons the war between fiat and crypto has been won by fiat. The community would tend to disagree.

US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO

The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year.

SBF lawyers to pay for technical expert to aid judge on bail terms

The judge overseeing Sam Bankman-Fried's fraud case wants some help navigating the world of encrypted messaging, privacy apps, and virtual private networks.

Coinbase staking 'fundamentally different’ to Kraken's — chief lawyer

After the SEC’s crack-down on Kraken, Coinbase’s legal head outlined the differences between Kraken’s staking product and its own.

New York state announces another upgrade to its virtual currency monitoring capacity

The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities.

Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking

Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake.

Beware of Bing AI chat and ChatGPT pump-and-dump tokens — Watch The Market Report live

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss ChatGPT pump-and-dump tokens and why you should be cautious.

Paxos is engaged in 'constructive discussions' with SEC: Report

The stablecoin issuer is currently facing a lawsuit from the SEC in which the financial regulator claimed BUSD was an unregistered security.

Green consumers want supply chain transparency via blockchain

Ethical consumption is a trend on the rise as the world grapples with exhausted landscapes. Initiatives like the EU Digital Product Passport may force the trend forward.

eNaira is 'crippled': Nigeria in talks with NY-based company for revamp

After multiple attempts to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology.

Brit who consulted North Korea on crypto reportedly detained in Moscow

Earlier, Christopher Emms was released by Saudi authorities due to the lack of evidence against him.

Hong Kong’s crypto ambition gets subtle nod from Beijing: Report

While China has cracked down on cryptocurrencies in the mainland, it's apparently taking a softer approach to Hong Kong's crypto hub aspirations.

US regulatory crackdown leads to $32M digital asset outflows: CoinShares

Institutional investors are feeling the heat as the SEC targets all aspects of the crypto industry in the United States.

FTX poked the bear and the bear is pissed — O'Leary on the crypto crackdown

Kevin O'Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another.

The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20

The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.

'Regulators let the bad guys get big' — Kraken CEO speaks out after SEC settlement

According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy "the good guys".

Many stablecoins fall short of coming regulatory recommendations, says FSB chair

The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July.

Image