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Regulation
France’s top bank official calls for mandatory crypto licensing rules
The governor of France’s central bank has advocated for stricter crypto licensing requirements, Bloomberg News reported Jan. 5.Bank of France governor Francois…
Coinbase Settlement Highlights Crypto Industry’s Gaps
Recent regulatory action against U.S.-based Coinbase underscores that crypto is reaching a post-FTX inflection point.
The pressure is on for the…
ECB calls for crypto regulation, expedited CBDCs deployment
European Central Bank (ECB) Executive Board member Fabio Panetta published a post in the ECB blog emphasizing the need for regulations in the crypto industry.“We…
ECB executive wants crypto regulated like gambling due to ‘speculative nature’
Following the crypto sector crash of 2022, a European Central Bank (ECB) executive board member has called for increased oversight of the sector
In particular, the…
SEC charges 8 people tied to CoinDeal scheme
The U.S. Securities and Exchange Commission has filed charges against eight individuals involved in a crypto scheme called CoinDeal, according to a Jan. 4 press…
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm – Regulation Bitcoin News
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that…
Indonesia to set up cryptocurrency exchange to reform crypto regulation
Indonesia plans to launch a national cryptocurrency exchange in 2023 as part of its regulatory reform adopted by the Indonesian House of Representatives on…
Coinbase just reached a $100M settlement with New York regulators. Here’s what that…
The New York Department of Financial Services on Wednesday announced a $100 million settlement with Coinbase for failures in its compliance program, which the…
World Economic Forum discloses its future vision for crypto
The World Economic Forum (WEF) recently published an article outlining its future vision for crypto.It mentioned JPMorgan and other “major financial institutions”…
Coinbase had “inadequate” AML measures; settles for $100M with NYDFS
Coinbase will pay a penalty of $50 million for failing to comply with the New York Banking Law and other state regulations, according to a press release on Jan.…