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Regulation
European ‘MiCA’ regulation on digital assets: Where do we stand?
The proposed European Union Regulation on Markets in Crypto Assets, or MiCA, (hereinafter the “regulation”) was put to a vote in the European Union Parliament’s Committee on Economic and Monetary Affairs on March 14, 2022, and in the…
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EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers –…
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed.
EU Supervisory Authorities Warn…
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Democrat division over crypto isn’t all bad news for regulation
The Biden Administration has just passed an executive order furthering research into crypto assets in view of regulating them, but politicians within the ruling Democrat party remain deeply divided on digital currency.The lack of…
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US SEC disapproves NYDIG and Global X spot Bitcoin ETFs
SEC’s latest move adds to a string of others seen over the years, with the US market’s wait for a spot Bitcoin ETF set to go on.
The US Securities Exchange Commission (SEC) has once again rejected applications seeking to list spot…
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EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto…
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan…
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Ally or suspect? The war in Ukraine as a stress test for the crypto industry
It has been two weeks since Russia kicked off the first large-scale military action in Europe in the 21st century — a so-called “special operation” in Ukraine. The military conflict immediately triggered devastating sanctions against the…
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Ripple’s ‘huge win’ against SEC as judge denies key motion
Brad Garlinghouse says Ripple is confident the SEC's case will ultimately "be dismissed."
XRP price shot up nearly 8% after the news
Ripple has maintained that its XRP token is not a security, earlier questioning a SEC official’s…
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Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case –…
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of…
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Chainalysis launches free sanctions screening tools
Blockchain-data analysis firm Chainalysis has announced the fast-tracked launch of two primary ‘sanctions screening’ tools that it will provide free of charge to the cryptocurrency industry. According to the report provided by…
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Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good…
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing…
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