Regulation news · Page 214
The Key to Sustainable Growth: Adopting Innovative Practices for a Resilient Future
In a recent speech at the SEC Speaks event, concerns were raised about the SEC's regulatory approach amid market volatility. The speaker warned that staff reductions and…
Concerns Rise Over Stablecoin Adoption's Threat to South Korea's Economy
South Korean experts warn of economic risks from the adoption of dollar-based stablecoins, highlighting potential impacts on exchange rates and the Bank of Korea's…
Concerns Rise as SEC’s Crenshaw Criticizes Agency’s Approach to Crypto Regulation
SEC Commissioner Caroline Crenshaw warns the agency's regulatory approach to crypto resembles 'Jenga', risking market stability and enforcement integrity.
Binance Seeks Arbitration for All Claimants in Class Action Lawsuit Regarding Securities Violations
Binance seeks to compel members of a securities class-action lawsuit to arbitration, claiming they waived the right to a class action under its terms.
Court Ruling in Australia Paves Way for Potential $640 Million Bitcoin Tax Refunds
An Australian court ruling classifies Bitcoin as money, potentially leading to $640 million in tax refunds by exempting it from capital gains tax.
SEC Postpones Decision on Solana ETF Proposals Amid Regulatory Review
The SEC has postponed its decision on Solana ETF applications from various firms, needing more time to assess legal and policy issues related to the proposals.
California Investor Alleges Securities Violations Against Strategy Amidst Bitcoin Losses
Michael Saylor's company faces a lawsuit over alleged securities law violations following a significant $5.9 billion loss on Bitcoin investments.
Paul Atkins Critiques SEC's Previous Crypto Strategy, Promises New Direction
SEC Chairman Paul Atkins critiques past crypto strategies, pledges to enhance market trust, and supports integrating innovation into regulatory practices.
Controversy Mounts Over Trump's Crypto Associates and Abandoned Trading Platform
Trump's crypto partners pocket millions after abandoning a hacked platform, sparking legal issues and scrutiny over their controversial ventures.
Legal Proceedings Commence Over THORChain’s $200 Million THORFi Asset Losses Following January Collapse
THORChain faces a potential lawsuit after a $200M collapse due to alleged mismanagement, as creditors seek to recover lost funds.
Dubai's VARA Sets June 19 Deadline for VASPs to Align with Updated Regulations
Dubai's VARA gives VASPs until June 19 to comply with new Rulebook 2.0, enhancing crypto regulations for improved market integrity and risk management.
Europol Uncovers $23 Million Crypto Money Laundering Scheme Linked to Organized Crime
Europol dismantles a criminal hawala banking network laundering $23 million in crypto for organized crime across Europe, leading to multiple arrests.
Understanding Cryptocurrency Taxation: A Comprehensive Guide
Understand crypto tax essentials for filing, including taxable events, record-keeping, and avoiding common mistakes to simplify your tax season.
Lawsuit Filed Against Coinbase for Alleged Violations of Illinois Biometric Privacy Law
Coinbase faces a class-action lawsuit by Illinois users alleging violations of biometric privacy laws over unauthorized collection of facial data for identity…
Former User Manager Sentenced to 12 Years for Embezzling Nearly 10 Million Yuan in Virtual Currency within Internet Firm
A user manager at an internet company accepted bribes and embezzled nearly 10 million yuan in virtual currency, leading to a 12-year prison sentence.
Central Bank's New Guidelines Could Effectively Restrict USDT Trading in Russia
New Central Bank rules in Russia may effectively ban Tether (USDT) trading, impacting stablecoins used in cross-border trade under new regulations.
Opposition Grows Against Central Bank of Brazil's Proposed Ban on Stablecoin Self-Custody
Crypto exchanges in Brazil oppose a proposed ban on stablecoin self-custody, arguing it could drive businesses offshore and hamper compliance efforts.
Defense Attorneys Claim Prosecution Concealed Critical Evidence in Tornado Cash and Samourai Wallet Case
Defense lawyers for Tornado Cash and Samourai Wallet allege prosecution withheld key evidence from FinCEN, crucial for their case on money transmission charges.
Hong Kong Police Launch 'Night Raid' to Dismantle HK$118 Million Money Laundering Operation Connected to Fraud
Hong Kong police dismantled a money laundering syndicate using virtual asset exchanges, arresting 12 individuals and uncovering HK$118 million in fraud proceeds.
Crackdown on Shanghai's Fraudulent Virtual Currency Scheme: Police Arrest 11 in Major Operation
Shanghai police have arrested 11 suspects in a gang that facilitated overseas fraud by trafficking virtual currency accounts for illicit fund transfers.
