The Financial Conduct Authority claims that the company “may be providing financial services or products without authorization.”
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Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins, and the digital yuan.
Ripple argued that XRP profits came from “market forces of supply and demand” rather than any contract between Ripple and XRP token holders.
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems.
Six individuals are challenging the Treasury Department. Two seemingly separate stories. One terrifying precedent. It’s all about privacy.
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
The technical analysis of the 18 CBDC design choices was made across six broad categories — participants, governance, security, transactions, data and adjustments.
The U.S. Justice Department has published another report on crypto crime with detailed recommendations for legal reform; it has also formed a network of experts to advise offices.
The Treasury Department was downbeat on crypto in two publications produced in response to the president’s executive order on digital asset development issued in March.
In one of three reports released simultaneously Friday, the Treasury Department talks cautiously about stablecoins and CBDC in the context of wider payment technology.
Critics claimed the Biden administration's reports focused on environmental concerns over crypto's energy consumption and illicit uses rather than the technology's benefits.
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto.
With Ethereum validators being required to stake 32 ETH, Ethereum could become more centralized and susceptible to censorship from governments.
Though he did not specify any particular crypto, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws.
According to the Treasury Department, members of the sanctioned group fought alongside Russia’s military, including near territory Ukrainian forces reclaimed on Monday.
The crypto spokespeople testified before the Senate Agriculture Committee on Thursday with analyses of the bill’s strengths and recommendations for its weaknesses.
The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products, and corporate finance advisory services.
Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea.
The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.