crypto regulations News and Articles

Texas regulators are investigating crypto exchange FTX Trading, FTX US, and founder and CEO Sam Bankman-Fried over potential securities violations. According to a state filing, regulators are probing whether yield-bearing accounts of the platform should be viewed as unregistered and non-permitted...

The Financial Conduct Authority issued a warning against the crypto exchange FTX saying the company offers services or products in the UK without having permission. According to the official statement, almost all firms and individuals offering, promoting, or selling financial services and products...

The Biden administration issued a framework on crypto regulations in the US. The report explores ways how the financial services industry should evolve to make borderless transactions easier and how to fight crypto crimes. It considers existing regulators like the SEC and the CFTC, but there isn't...

The US Securities and Exchange Commission’s Chair says operators that implement transactions with crypto assets need to register with regulators similar to other markets. Gary Gensler finds that these operators execute various services supervised by the SEC, like exchange, brokerage, custodian,...

Saudi Arabia’s Central Bank assigned a lead for virtual assets and the digital currency program to bring its cryptocurrency goals into reality. Previously, officials of the country expressed worries about the speculative nature of digital assets. According to Bloomberg, the head of the program is...

Gary Gensler, the Chairman of the US SEC says there isn’t any reason to treat the cryptocurrency market in a different way than other capital markets only because it relies on different technology. According to the Wall Street Journal, Gensler mentioned the importance of investor protection,...

The Australian government is developing regulations for the cryptocurrency sector. Treasurer Jim Chalmers announced that soon the country will introduce a public advisory paper on the subject. The framework called "token mapping" will be a priority to figure out which cryptos are used in...

Rostin Behnam, Chair of the Commodity Futures Trading Commission, finds that the agency should have more authority to supervise the crypto sector. At the forum "The Future of Crypto Regulation" the official said that there is a need for clear market regulations over digital commodity...

The Senate of Paraguay approved a bill related to crypto regulations. Earlier, in December, the Senate had voted for a bill, but later the lower house recommended some modifications. After this, the document was directed to the upper chamber again. Currently, the law is approved by both chambers,...

The US public now has the opportunity to express their opinions on crypto industry rules. Earlier in May, the president ordered federal agencies to start designing a crypto regulations framework. Recently, the Treasury published a release that says interested members of the public can take part in...

The EU reached a deal on crypto regulations to stop illicit flows. A release by the organization says that the legislation is a part of the new anti-money laundering package and will be aligned with the Markets in Crypto-Assets (MiCA) conditions. The union of 27 countries will regulate the crypto...

The US Securities and Exchange Commission (SEC) intends to collaborate with other government agencies to increase oversight of cryptocurrency exchanges and companies. In an interview with Financial Times, SEC chair Gary Gensler said he is holding discussions with his colleagues from the Commodity...

Binance has expanded its presence in the Middle East receiving a virtual asset license in Dubai, UAE. The news comes just two days after the company was granted a license from Bahrain’s CB. In the initial regulatory stage under the supervision of the Virtual Asset Regulatory Authority (VARA),...

Brazilian Senators will vote on the crypto regulations bill, which had been approved by the Senate’s Economic Affairs Committee on February 22. If it passes, the bill will be addressed to President Jair Bolsonaro and will come into effect after he signs it. The document sets guidelines stating...