U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance June 7, 2023 By Jonathan Stempel, Hannah Lang and John McCrank The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major...
Crypto Should Be Regulated as Gambling, UK Lawmakers Say May 17, 2023 By Huw Jones Bitcoin, ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers, a panel...
G20 Watchdog to Tackle ‘Vulnerabilities’ in Decentralized Finance After FTX Collapse February 16, 2023 By Huw Jones The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in...
Britain’s Finance Ministry Issues Draft Rules to Regulate Cryptoassets February 2, 2023 By Huw Jones and Elizabeth Howcroft Britain’s finance ministry laid out its first set of rules to regulate cryptoassets on Wednesday, saying ongoing turbulence in the...
Banks Should Be More Cautious on Crypto Contagion Risks, U.S. Regulators Warn January 4, 2023 By Hannah Lang Banks should be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms, U.S. regulators...
Binance’s Books Are Black Box, Filings Show, as Crypto Giant Tries to Rally Confidence: Reuters December 19, 2022 By Tom Wilson, Angus Berwick and Elizabeth Howcroft The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a...
European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst December 8, 2022 Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the...
After FTX Collapse, Pressure Builds for Tougher Rules for Cryptocurrencies December 2, 2022 Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at...
Bitcoin Is Being Artificially Propped Up and Shouldn’t Be Legitimized: ECB November 30, 2022 Bitcoin is being artificially propped up and should not be legitimized by regulators or financial companies as it is more...
Reuters: Crypto Exchange Binance Helped Iran Firms Trade $8B Despite U.S. Sanctions November 8, 2022 By Angus Berwick and Tom Wilson Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to...