Category: crypto regulation

ASIC targets pump and dump Telegram groups

October 15, 2021

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“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram. 4035 Total views 27 Total shares The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram. On […]

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New Australian crypto legislation likely in 2022, Senator Bragg tells NFT Fest

October 1, 2021

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Talking about a digital asset plan being cooked up by a Senate inquiry, Senator Andrew Bragg said, “We will want the major parties, including my party, to adopt these policies as part of their election manifestos.” 2178 Total views 31 Total shares Liberal Senator Andrew Bragg has told a local industry event that Australia’s digital […]

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SEC was the only regulator not willing to meet with Coinbase: Brian Armstrong

September 24, 2021

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Coinbase CEO Brian Armstrong has stated that SEC won’t meet with the firm, while asserting the 50% of Washington officials are concerned over the risks of crypto. 856 Total views 12 Total shares Coinbase CEO Brian Armstrong claims that the U.S. Securities and Exchange Commission (SEC) is the only government branch that is not willing […]

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Diem struggling to win over officials in Washington despite rebranding efforts

September 10, 2021

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Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers. 2206 Total views 51 Total shares Facebook’s ambitious digital currency payment project Diem is yet to get off the ground despite concerted attempts to win over financial regulators. According to The Washington Post […]

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Afterpay ‘absolutely’ keen to explore crypto services after regulations clarified

September 9, 2021

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Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services. 1889 Total views 37 Total shares Australian buy now pay later (BNPL) giant Afterpay — now part of Jack Dorsey’s Square — has said that […]

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SEC threatens to sue Coinbase over crypto yield program it considers a security

September 8, 2021

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“They refuse to tell us why they think it’s a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase. 9355 Total views 51 Total shares The United States Securities and Exchange Commission (SEC) has reportedly threatened to sue Coinbase over a […]

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Charles Hoskinson responds to criticism over Cardano’s Confirm partnership

August 27, 2021

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Cardano founder Charles Hoskinson has responded to criticism over The Cardano Foundation’s partnership with Confirm, saying it was necessary for adoption of ADA. The Cardano Foundation announced its partnership with the blockchain analytics provider on Aug. 24, which will see Confirm’s analytics being utilized to ensure compliance with frameworks such as the 6th Anti Money […]

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SEC boss says DeFi platforms are ‘highly centralized’ and will need to register

August 20, 2021

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SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote their platforms. 4038 Total views 32 Total shares Gary Gensler, chairman of the U.S. Securities and Exchange Commission stated that DeFi is highly centralized in […]

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Uruguay: Senator introduces bill to enable use of crypto for payments

August 5, 2021

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Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments. Satori joins a growing list of politicians from South American and Spanish-speaking countries that are seeking to bring crypto adoption into the mainstream. The Senator is not proposing the use of crypto as legal tender as […]

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Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis

July 29, 2021

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Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets. 2230 Total views 394 Total shares Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is accelerating crypto adoption. Lummis made the comments while sharing an interview she did with “Varney & Co” on the […]

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