Regulator

Coinbase unveils lobbying push for a brand new US regulator focused on digital assets

Coinbase unveils lobbying push for a brand new US regulator focused on digital assets

Coinbase has put out a sweeping proposal for a new regulatory regime over digital assets in the United States.  Released on October 14, Coinbase’s plan at its core proposes a drastic reconfiguration of U.S. financial regulation. Most notably, that includes establishing a brand new regulator with control over marketplaces for digital assets, which the firm …

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Federal Reserve official set to lead U.S. banking regulator: reports

Federal Reserve official set to lead U.S. banking regulator: reports

Treasury Secretary Janet Yellen is reportedly set to name a Federal Reserve official to take over at the U.S. Office of the Comptroller of the Currency on an acting basis, according to reports from the Wall Street Journal and Politico.  Yellen has reportedly tapped Michael Hsu, who currently serves as an assistant director at the …

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German finance regulator issues warning about Binance's stock tokens offering

German finance regulator issues warning about Binance’s stock tokens offering

Germany’s Federal Financial Supervisory Authority, or BaFin, said in a translated version of a notice published Wednesday that it “has reasonable grounds for suspecting” that crypto exchange Binance may be in violation of the country’s securities laws in connection with its recently announced stock tokens service. As previously reported, Binance went live with a tokenized …

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Japan’s top securities regulator says XRP is not a security

Japan’s top securities regulator says XRP is not a security

Japan’s Financial Services Agency (FSA), the country’s securities regulator, has confirmed to The Block that it views XRP as a cryptocurrency and not as a security. The question has become relevant recently in light of the U.S. Securities and Exchange Commission’s allegation that by selling XRP the firm engaged in sales of unregistered securities — …

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Texas Regulator Orders Mirror Bitcoin 'Investor Club' to Shut Down

Texas Regulator Orders Mirror Bitcoin ‘Investor Club’ to Shut Down

The Texas State Securities Board (TSSB) on Wednesday ordered Mirror Trading International (MTI) to cease operations immediately, alleging the South African bitcoin and forex trading network is a multilevel marketing scam. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set …

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German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report

German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report

Germany’s accounting watchdog reportedly had only one person checking Wirecard’s books in the months before the company admitted to the massive accounting irregularities that led to its insolvency. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. …

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The number of blockchain investment deals has declined for seven consecutive months

U.S. regulator seeks public input as it reviews crypto, DLT activities in the banking sector

The Office of the Comptroller of the Currency – which regulates banks in the U.S. – is seeking feedback from the public on the digital activities of national banks and federal savings associations, which includes actions related to cryptocurrencies and digital assets. The OCC published two notices on Thursday, a Notice of Proposed Rulemaking and …

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Coinhouse Wins First Crypto License From French Regulator

Coinhouse Wins First Crypto License From French Regulator

Crypto trading company Coinhouse has become the first crypto company to be registered with France’s top financial regulator, the Financial Markets Authority (AMF). The registration means Coinhouse now has a shot at getting banking services in France, which could give the firm cheaper services than the German bank it currently works with. “It’s a recognition …

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