regulation

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Any Good News in Comptroller's Comments?

6 Dec 2020 1 minute read 0 comments SupportiveNormie $0.68

Acting Comptroller of the Currency, Brian Brooks, was interviewed on CNBC (video below) about recent comments concerning regulation "self hosted" crypto wallet. Brooks made a few points about the overall climate of Bitcoin as it related to US regulat...

Coinbase Pro Disables Margin Trading, Citing CFTC Guidance

25 Nov 2020 1 minute read 0 comments author_nan $0.72

Coinbase Pro will disable margin trading from Nov. 25, according to an announcement made on Nov. 25. Coinbase cited guidance from the United States Commodity Futures Trading Commission as the reason why it has disabled the product The exchange also...

Thai Regulators Approve Cryptocurrencies as Business Capital

19 Nov 2020 1 minute read 1 comment author_nan $3.39

Thailand’s financial regulators have approved new regulation that would allow businesses to classify cryptocurrency holdings as business capital, according to a report from local media outlet the Bangkok Post published on Nov. 18. Thailand’s Securit...

Biden Administration Picks Crypto-Friendly Gary Gensler to Lead Financial Policy Transition

12 Nov 2020 1 minute read 0 comments author_nan $1.99

President-elect of the United States Joe Biden has appointed crypto-friendly former Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler to lead the administration’s financial policy transition, according to a report from American Banker...

Binance begins closure of US customers accounts

12 Nov 2020 1 minute read 2 comments ircrp $0.24

  A year after announcing that binance.com exchange will ensure that they comply with the United States based regulations the company appears to be no longer dragging their feet on the case and working quite aggressively to adapt to the compliance re...

SEC Commissioner Hester Peirce Says Crypto Regulation Could Be Faster

10 Nov 2020 1 minute read 0 comments author_nan $1.04

United States SEC Commissioner Hester Peirce, speaking at a conference on Nov. 9, said that the US government was slow to regulate the cryptocurrency market and that regulation in the space could be faster. Peirce was speaking at CoinDesk’s Bitcoin...

South Korea’s Financial Body Bans Exchanges from Providing Privacy Coins

4 Nov 2020 1 minute read 1 comment author_nan $3.60

South Korea’s Financial Services Commission has ordered exchanges to stop dealing in tokens that could potentially be used for money laundering, according to a press release issued on November 2. The announcement specifically refers to “dark coins”,...

How will the 2020 U.S. Election affect the cryptocurrency space?

3 Nov 2020 3 minute read 0 comments lucasc $0.57

With Donald Trump's four-year term as President of the United States coming to a close, we can take a look back at his administration's actions in regard to the cryptocurrency community and blockchain technology, and look forward to the future. Go Af...

Leaked Documents Reportedly Show How Binance Tried to Avoid US Regulation

30 Oct 2020 1 minute read 1 comment author_nan $2.87

Binance has stirred some controversy, after Forbes reported on October 29 that the exchange had conducted an “elaborate scheme” to evade regulation. Forbes reports that senior executives of Binance devised an “elaborate corporate structure..to inten...

BitMEX Pulls Forward Deadline for KYC Update Requirements Following Legal Case

21 Oct 2020 1 minute read 0 comments author_nan $0.52

Derivatives platform BitMEX has asked users to update their KYC information by November 5, pulling forward the deadline by 3 months as it faces a KYC/AML related case by the US Commodity Futures Trading Commission (CFTC). Originally having the deadl...