Tag: regulations
The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
"It’s a much more sophisticated operation," Smith said. "I feel like I used to walk around Washington, and people would say ‘Oh, there’s Kristin, she [...]
‘CryptoDad’ Giancarlo Joins Paxos Board
"He has been at the forefront of advocating for blockchain to improve the infrastructure of our financial system," Charles Cascarilla, CEO and co-foun [...]
Industry Stakeholders Believe a UK Election Won’t Derail Crypto Plans
"I think there's a long time between now and an election and so I wouldn't expect them to further the details out at this point," said Varun Paul, sen [...]
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat t [...]
FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant
However, after the CFTC filed suit against Binance its former CEO, Changpeng “CZ” Zhao for similar offenses in March 2023, FalconX voluntarily “change [...]
U.S. Senators Question Justice Department’s Pursuit of Crypto Mixers Such as Tornado Cash
The DOJ also argued in a court filing that FinCEN's guidance addressing crypto mixers didn't address the idea of "control," a stance that the senators [...]
SEC Rebuts Coinbase’s (COIN) Attempt to Get Appeals Court to Answer Key Crypto Question
"Coinbase remains unable to advance a single, coherent version of this theory, which it now claims presents a controlling question," the filing said. [...]
U.S. House’s McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The bill, which had also been approved by the House Agriculture Committee, is the "culmination of years of bipartisan efforts to finally provide clari [...]
DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday repor [...]
U.S. CFTC Proposes Ban on Political Event Contracts
Prediction platforms including PredictIt, Polymarket, Zeitgeist and Kalshi give users opportunities to buy contracts on the outcomes of actual events, [...]
Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats
The fast-growing organization of cryptocurrency supporters, Stand With Crypto, is getting into campaign financing with the opening of its own politica [...]
Prometheum's Contentious Answer to Crypto Compliance Is Running Late
Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum's custody and trading operations, which the firm said will full [...]
Crypto Exchange Binance Fined C$6M ($4.3M) by Canadian Financial Regulator FINTRAC for ‘Administrative Violations’
FINTRAC also said that, between June 1, 2021 and July 19, 2023 Binance failed to report 5,902 crypto transactions bigger than $10,000 and their attach [...]
Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review
Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the [...]
House Poised to Vote on Erasing SEC Crypto Policy While President Biden Vows Veto
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency ac [...]