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  • binance-will-‘work-with-regulators’-as-it-expands,-says-ceo
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    Binance will ‘work with regulators’ as it expands, says CEO

    “We want to be licensed everywhere,” said Changpeng Zhao. Changpeng Zhao, the chief executive officer of Binance, has said he wants the major cryptocurrency exchange to work with local regulators as it establishes regional headquarters.According to a Tuesday report from Reuters, Zhao, also known as CZ, hinted Binance would depart from its decentralized approach to… More

  • texas-alleges-that-blockfi-is-offering-unregistered-securities

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    Texas alleges that BlockFi is offering unregistered securities

    The state’s financial regulator join its counterparts in New Jersey and Alabama in taking action against the crypto lending platform. The Texas State Securities Board has filed for a hearing with the potential to impose a cease and desist order against crypto lending firm BlockFi for not offering a security licensed at the state or… More

  • sec-charges-individuals-connected-to-former-iced-tea-turned-mining-company
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    SEC charges individuals connected to former iced tea-turned-mining company

    According to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain’s stock price. The U.S. Securities and Exchange Commission has filed charges against three people accused of insider trading with the Long Blockchain Company related to changing its name… More

  • from-mining-to-software:-china’s-regulatory-crackdown-on-crypto-continues
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    From mining to software: China’s regulatory crackdown on crypto continues

    Financial institutions, crypto miners and now, software companies — where will regulators in China move to strike next? Financial regulators in China have shut down a Beijing-based software company they suspect of providing services to crypto traders.In a Tuesday joint statement, the Beijing Financial Supervision and Administration Bureau and the Business Administration Department of the… More

  • proposed-bill-in-iran-could-ban-all-foreign-mined-cryptocurrencies
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    Proposed bill in Iran could ban all foreign-mined cryptocurrencies

    Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments. A new bill drafted by the Iranian Parliament Commission on Economy aims to restrict the use of cryptocurrencies within the country while providing a clearer legal… More

  • mexico-may-not-be-following-el-salvador’s-example-on-bitcoin…-yet
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    Mexico may not be following El Salvador’s example on Bitcoin… yet

    A warning from the country’s financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin. Authorities behind financial regulation in Mexico have warned against financial institutions handling cryptocurrencies, saying digital assets are still not considered legal tender in the country.In a Monday press conference,… More

  • foreign-cbdcs-and-stablecoins-unlikely-to-threaten-us-dollar,-says-fed-vice-chair
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    Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair

    Though Randal Quarles said there was a “legitimate and strong regulatory interest in how stablecoins are constructed and managed,” a U.S. dollar-pegged coin could help provide support for its fiat counterpart. Randal Quarles, vice chair for supervision of the Federal Reserve Board of Governors, said he believed neither dollar-pegged stablecoins nor digital currencies issued by… More

  • binance-served-warning-by-japan’s-fsa-for-operating-without-authorization
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    Binance served warning by Japan’s FSA for operating without authorization

    Crypto exchange giant Binance is the latest platform to receive a warning from regulators in Japan for operating in the country without a license. Crypto trading platform Binance may once again be heading for a standoff with financial regulators in Japan.On Friday, the Financial Services Agency (FSA) issued a warning to Binance, accusing the company of… More

  • sec-opens-to-comments-on-whether-to-approve-vaneck-bitcoin-etf
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    SEC opens to comments on whether to approve VanEck Bitcoin ETF

    The filing came before the commission’s June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April. The U.S. Securities and Exchange Commission has issued an order allowing the public to comment on the proposed rule change surrounding the Bitcoin exchange-traded fund from asset manager VanEck.According to a Wednesday filing… More

  • biden-hints-at-possible-cybersecurity-arrangement-with-russia-over-ransomware-attacks
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    Biden hints at possible cybersecurity arrangement with Russia over ransomware attacks

    Joe Biden said that the U.S. and Russia might have the beginnings of a “cybersecurity arrangement that begins to bring some order” within the next year. United States President Joe Biden implied he made some progress in addressing ransomware attacks on critical infrastructure after speaking with Russian President Vladimir Putin.Following a Wednesday summit in Geneva,… More

  • thai-sec-bans-exchanges-from-handling-certain-token-types-including-nfts
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    Thai SEC bans exchanges from handling certain token types including NFTs

    Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines. Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases.In a Friday announcement from the Thai SEC, the… More

  • iranian-president-calls-for-legal-framework-for-crypto-trading
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    Iranian president calls for legal framework for crypto trading

    Iran President Hassan Rouhani wants to protect national interests regarding crypto. Iran is looking for ways to introduce a legal framework for cryptocurrencies, while Bitcoin (BTC) mining remains under embargo in the country. During the cabinet’s Economic Coordination Board meeting on Tuesday, Iranian President Hassan Rouhani emphasized the need to legalize cryptocurrency activities to preserve and… More

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