Crypto and Laws
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Coinbase denies listing securities, says SEC should provide regulatory framework
Coinbase has strongly denied that it listed securities on its platform, according to a July 21 blog post by Paul Grewal, the firm’s Chief...
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US lawmakers propose bank-like regulation for stablecoin issuers
Two US lawmakers, Maxine Waters and Patrick McHenry are collaborating on a bill that would impose strict bank-like regulations for stablecoins,...
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Gemini becomes Ireland’s first approved Virtual Asset Service Provider
Gemini is officially the first Virtual Asset Service Provider (VASP) to be approved by the Central Bank of Ireland. The approval comes shortly...
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SEC blocks XRP traders from helping Ripple
The SEC has submitted a petition to the court to block any attempt to testify by XRP holders. The lawsuit between the agency and Ripple has been...
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Japan’s crypto self-regulatory system reportedly falling apart
In 2018, Japan established the Japan Virtual Currency Exchange Association (JVCEA) and tasked the body with self-regulating the crypto industry....
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Senator Emmer says SEC is ‘politicizing enforcement, baiting companies’
US lawmaker Tom Emmer has accused the Security and Exchange Commission (SEC) of “cracking down on companies outside its...
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US Congressman questions SEC’s lack of action against ‘big fish’ exchanges if Ripple is a security
US lawmaker Brad Sherman has questioned why the Securities and Exchange Commission (SEC) has not gone after crypto exchanges facilitating Ripple (...
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Crypto is likely to integrate with the future financial system
Hong Kong Monetary Authority’s (HKMA) CEO Eddie Yue recently said that cryptocurrencies are likely to play a central role in the financial...
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Crypto.com, Coinbase secure approval from Italian regulator
Crypto.com and Coinbase have been approved by Italia’s Organismo Agenti e Mediatori (OAM) to offer crypto trading, custody services, and other...
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Reserve Bank of India renews calls for crypto ban
Indian central bank officials have renewed efforts to ban crypto . Finance Minister Nirmala Sitharaman supported the motion during a...
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Private but regulated tokens could beat CBDCs, Australian central bank chief says
Cryptocurrencies issued by private companies could be better than central bank digital currencies (CBDCs) if the firms are regulated...
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Binance slapped fine of more than 3 million Euro by Dutch Central Bank
Binance has remained resilient despite the ongoing changes in the market. Its head Changpeng Zhao has expressed his trust in the company and...
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Senator Elizabeth Warren wants more enforcement from SEC in crypto space
The U.S. Securities and Exchange Commission (SEC) needs to take action to protect consumers against bad actors in the crypto space, Senator...
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Binance fined €3.3 million in Netherlands for unlicensed operations
Binance has been fined €3.3 million by De Nederlandsche Bank (DNB) for offering unlicensed crypto services to the country residents. The Dutch...
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Sweden averse to Bitcoin mining amid rapid rise in energy demand
Europe’s mining heaven Sweden looks to re-direct Bitcoin miners’ power to job-creating projects as the country’s energy demand...