US Senate banking chair floats possibility of banning crypto
United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider...
Central Banks to set standards on banks’ crypto exposure – BIS
A global standard for banks' exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of...
Only for foreign trade: Bank of Russia stands against free crypto investment
Russia’s central bank is ready to consider allowing cryptocurrency use within the country, but only as part of a legal experiment, said governor Elvira Nabiullina.“It’s...
Silvergate faces class-action lawsuit over FTX and Alameda dealings
A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held...
Japan set to ease 30% crypto tax on paper profits for token issuers
The Japanese government is set to ease tax requirements for local crypto firms, as it pushes to stimulate growth in the domestic finance and tech...
Crypto.com continues its worldwide registration push with Brazilian EMI license
Crypto.com has received a Payment Institution License (EMI) from Banco Central do Brasil, the central bank of Brazil. The license will allow it to “continue offering...
New York State issues guidance for banks seeking to engage in activities with crypto
The New York state Department of Financial Services (DFS) released guidance on Dec. 15 for regulated banks seeking to engage in activities with virtual currency....
France may oblige crypto platforms to obtain licenses
Following the global trend of tightening the crypto regulation in the aftermath of recent market failures, France may reassess its eased regime of licensing for...
FCA’s incoming chair calls for further crypto regulation
The United Kingdom's Financial Conduct Authority’s (FCA) recently appointed chair has presented an unfriendly attitude toward cryptocurrencies in a cross-party Treasury select committee meeting.Ashley Alder,...
Cathie Wood’s Ark Invest buys another $3.2 million worth of Coinbase shares
Ark Invest has invested another $3.2 million in Coinbase, bringing its total shares to 5.8 million. COIN is up by nearly 4% during Thursday’s pre-market...