Regulation News
Top Articles from Prashant

Coingape providing the breaking Regulation News, covers all the updates in Business Regulation. Financal Regulation are imposed by Government in order to manage a national financial System. Check here all the Financial Regulation News covered by Coingape

Gary Gensler New SEC lead
News
Gary Gensler New SEC lead
News

Just-In: SEC Chair Gary Gensler Testify on GameStop Trading Saga, Talks About Regulating Crypto Market

Prashant Jha 22 hours ago

SEC chairman Gary Gensler along with several other financial experts testified before the Financial Services Committee about the recent GameStop fiasco that led to the involvement of Congress in February this year.  Gensler talked about the need for better regulations to counter social-media-fueled trading activity and ensure consider protection. The SEC chief in his testimony

SEC chairman Gary Gensler along with several other financial experts testified before the Financial Services Committee about the recent GameStop fiasco that led to the involvement of Congress in February this year.  Gensler talked about the need for better regulations to counter social-media-fueled trading activity and ensure consider protection. The SEC chief in his testimony

News
News

NYAG Letitia James Requests Files to Halt the Operations of Coinseed Over Fraudulent Activities

Prashant Jha 2 days ago

New York Attorney General Letitia James in a Thursday court filing has requested to immediately halt all operations of the mobile cryptocurrency app Coinseed for fraudulent activities. Earlier in February NYAG James has filed a civil lawsuit against Coinseed Inc. and two of its top executives including founder and Chief Executive Officer Delgerdalai Davaasambuu. According

New York Attorney General Letitia James in a Thursday court filing has requested to immediately halt all operations of the mobile cryptocurrency app Coinseed for fraudulent activities. Earlier in February NYAG James has filed a civil lawsuit against Coinseed Inc. and two of its top executives including founder and Chief Executive Officer Delgerdalai Davaasambuu. According

RIpple Lawsuit
News
RIpple Lawsuit
News

Just-In: Gary Gensler Says a lot of crypto assets qualify as Security

Prashant Jha May 7, 2021

Gary Gensler, the newly appointed chief of the US Security and Exchange Commission recently appeared on CNBC to talk about various aspects of his regulatory policies in the coming time including cryptocurrencies. During the interview, Gensler said that the current crypto market requires a regulatory overhaul especially considering a majority of the cryptocurrencies qualify as

Gary Gensler, the newly appointed chief of the US Security and Exchange Commission recently appeared on CNBC to talk about various aspects of his regulatory policies in the coming time including cryptocurrencies. During the interview, Gensler said that the current crypto market requires a regulatory overhaul especially considering a majority of the cryptocurrencies qualify as

Gary Gensler New SEC lead
News
Gary Gensler New SEC lead
News

New SEC Chief Says Rules Need to be Updated to Counter Social Media Manipulation of Markets

Prashant Jha May 7, 2021

Gary Gensler, the new SEC chief in a recent interview with CNBC talked about the need of updating regulations to counter the growing trend of social media manipulation of financial markets. The social media frenzy started this year with the GameStop short squeeze where a Reddit group by the name of wallstreetbets, that led to

Gary Gensler, the new SEC chief in a recent interview with CNBC talked about the need of updating regulations to counter the growing trend of social media manipulation of financial markets. The social media frenzy started this year with the GameStop short squeeze where a Reddit group by the name of wallstreetbets, that led to

News
News

MasterCard In Talks With China’s Central Bank to Support Global “Digital Yuan” Transactions

Bhushan Akolkar May 6, 2021

After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global. As per the recent report from the South China Morning Post, the payments giant Mastercard is currently in talks with PBoC to facilitate the cross-border transactions for Digital

After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global. As per the recent report from the South China Morning Post, the payments giant Mastercard is currently in talks with PBoC to facilitate the cross-border transactions for Digital

Crypto.com
News
Crypto.com
News

Crypto.com Becomes First Firm to Incorporate CipherTrace Tool To Comply With New FATF Travel Rule

Prashant Jha May 3, 2021

crypto.com, a Hong Kong-based cryptocurrency payment platfrom with over a 3 million user base has become the first firm to use CipherTrace’s new traveler tool to comply with FATF’s global Anti-Money Laundering (AML) travel rule laws. The newly updated FATF guidelines are considered to be quite complex and thus a compliant solution from CipherTrace makes

crypto.com, a Hong Kong-based cryptocurrency payment platfrom with over a 3 million user base has become the first firm to use CipherTrace’s new traveler tool to comply with FATF’s global Anti-Money Laundering (AML) travel rule laws. The newly updated FATF guidelines are considered to be quite complex and thus a compliant solution from CipherTrace makes

News
News

The Digital Dollar Project by Accenture Will Kickstart Pilot Program for U.S. CBDC Design and Use Case

Bhushan Akolkar May 3, 2021

Co-founded by consulting giant Accenture, The Digital Dollar Project (DDP) is all set to kickstart pilot tests for the U.S. central bank digital currency (CBDC) over the next year to test its design and use cases. For this, Accenture has entered a non-profit partnership with the Digital Dollar Foundation. The report comes just at a

Co-founded by consulting giant Accenture, The Digital Dollar Project (DDP) is all set to kickstart pilot tests for the U.S. central bank digital currency (CBDC) over the next year to test its design and use cases. For this, Accenture has entered a non-profit partnership with the Digital Dollar Foundation. The report comes just at a

News
News

Turkish Crypto Firms Are Now Subject to Money Laundering and Terror Financing Rules

Bhushan Akolkar May 1, 2021

A lot has been going on currently in Turkey’s crypto landscape. A day after arresting 6 people involved in the Thodex exchange crypto scam, on Saturday, May 1, Turkish regulators added crypto exchanges to the list of crypto firms that are now subject to the country’s money laundering and terror financing laws. After the billion-dollar

A lot has been going on currently in Turkey’s crypto landscape. A day after arresting 6 people involved in the Thodex exchange crypto scam, on Saturday, May 1, Turkish regulators added crypto exchanges to the list of crypto firms that are now subject to the country’s money laundering and terror financing laws. After the billion-dollar

News
News

Germany’s Financial Regulator BaFin Warns of Risks With Binance Stock Tokens

Bhushan Akolkar April 29, 2021

Earlier this month, crypto exchange Binance launched its zero-commission tradable stock tokens in a move to bridge the gap between the crypto market and Wall Street. However, it has recently drawn scrutiny as Germany’s top financial regulator BaFin has warned that Binance could be heavily fined for offering security tokens without actually publishing the investor

Earlier this month, crypto exchange Binance launched its zero-commission tradable stock tokens in a move to bridge the gap between the crypto market and Wall Street. However, it has recently drawn scrutiny as Germany’s top financial regulator BaFin has warned that Binance could be heavily fined for offering security tokens without actually publishing the investor

News
News

Fed Chairman Says The U.S. Is Not Competing With China on Central Bank Digital Currency (CBDC)

Bhushan Akolkar April 29, 2021

The Chinese central bank – People’s Bank of China (PBoC) – has expedited its efforts on launching its central bank digital currency (CBDC) Digital Yuan. However, the U.S. isn’t quite worried at this point regarding the development of China’s CBDC, said Federal Reserve Chairman Jerome Powell. On Wednesday, April 29, the Fed chairman Jerome Powell

The Chinese central bank – People’s Bank of China (PBoC) – has expedited its efforts on launching its central bank digital currency (CBDC) Digital Yuan. However, the U.S. isn’t quite worried at this point regarding the development of China’s CBDC, said Federal Reserve Chairman Jerome Powell. On Wednesday, April 29, the Fed chairman Jerome Powell

SEC crypto IEOs
Bitcoin News
SEC crypto IEOs
Bitcoin News

Breaking: SEC Delays Decison on VanEck Bitcoin ETF Proposal

Prashant Jha April 28, 2021

The Securities and Exchange Commission of the US has delayed the VanEck Bitcoin ETF proposal until June. SEC usually takes upto 45 days to decide on the proposed filing from the day of registration. The 45-day window for the VanEck proposal ends on May 3. The official filing read, “The Commission finds that it is

The Securities and Exchange Commission of the US has delayed the VanEck Bitcoin ETF proposal until June. SEC usually takes upto 45 days to decide on the proposed filing from the day of registration. The 45-day window for the VanEck proposal ends on May 3. The official filing read, “The Commission finds that it is

Blockchain News
Blockchain News

Thodex Crypto Exchange Fraud Investigation Intensifies, Detention Period Extended For Suspects

Prashant Jha April 28, 2021

The fraud investigation into an alleged $2 billion fraud committed by one of the largest Turkish exchange Thodex has intensified as the investigation agency bas extended the custody of 8 arrested accused that include the Thodex founder Faruk Fatih Özer’s sister and brother. Another 60 arrested suspects were released by an Istanbul court. The main

The fraud investigation into an alleged $2 billion fraud committed by one of the largest Turkish exchange Thodex has intensified as the investigation agency bas extended the custody of 8 arrested accused that include the Thodex founder Faruk Fatih Özer’s sister and brother. Another 60 arrested suspects were released by an Istanbul court. The main

south korea crypto regulation
Regulation News
south korea crypto regulation
Regulation News

Breaking: All 200 South Korean Exchanges May Shut Down Says Regulator

Prashant Jha April 27, 2021

The 200 crypto exchanges in South Korea may face closure by September as per Eun Sung-soo, the chair of South Korea’s Financial Services Commission. The decision would be based on the new anti-money laundering laws(AML) that came into force last year and also included cryptocurrencies. As per new regulations, crypto exchanges operating in the country

The 200 crypto exchanges in South Korea may face closure by September as per Eun Sung-soo, the chair of South Korea’s Financial Services Commission. The decision would be based on the new anti-money laundering laws(AML) that came into force last year and also included cryptocurrencies. As per new regulations, crypto exchanges operating in the country

Bank Indonesia Warns Nationals Against Cryptocurrencies
News
Bank Indonesia Warns Nationals Against Cryptocurrencies
News

Indonesian Regulators Planning For a ‘Crypto-Tax’ Amid Rising Popularity and Demand

Prashant Jha April 27, 2021

The Indonesian Commodity Futures Trade Regulatory Agency (Bappebti) is reportedly planning to impose a crypto transaction tax amid the growing popularity of digital currencies this bull season. The regulatory body is planning to impose a type of final income tax (PPh Final) that would be levied by all 13 cryptocurrency exchanges registered with the regulatory

The Indonesian Commodity Futures Trade Regulatory Agency (Bappebti) is reportedly planning to impose a crypto transaction tax amid the growing popularity of digital currencies this bull season. The regulatory body is planning to impose a type of final income tax (PPh Final) that would be levied by all 13 cryptocurrency exchanges registered with the regulatory

News
News

Turkey Accelerates Work On Crypto Regulations After Two Major Exchange Collapses This Week

Bhushan Akolkar April 27, 2021

The collapse of two major crypto exchanges in Turkey has accelerated the demand for cryptocurrency regulations in the country. In an alleged exit scam, two major Turkish crypto exchanges – Thodex and Vebitcoin – are currently under investigation by Turkish authorities. Officials familiar with the matter told Bloomberg that following the collapse of these two

The collapse of two major crypto exchanges in Turkey has accelerated the demand for cryptocurrency regulations in the country. In an alleged exit scam, two major Turkish crypto exchanges – Thodex and Vebitcoin – are currently under investigation by Turkish authorities. Officials familiar with the matter told Bloomberg that following the collapse of these two

News
News

China’s E-commerce Giant JD.com Starts Paying Employee Salaries in Digital Yuan

Bhushan Akolkar April 27, 2021

Some of the top Chinese conglomerates have already joined hands with the People’s Bank of China (PBoC) in testing the country’s own CBDC, Digital Yuan. As per the latest CNBC report, Chinese e-commerce giant JD.com has already started paying certain employees in Digital Yuan. This comes as the PBoC looks to extend the scope of

Some of the top Chinese conglomerates have already joined hands with the People’s Bank of China (PBoC) in testing the country’s own CBDC, Digital Yuan. As per the latest CNBC report, Chinese e-commerce giant JD.com has already started paying certain employees in Digital Yuan. This comes as the PBoC looks to extend the scope of

Norwegian Central Bank
Regulation News
Norwegian Central Bank
Regulation News

Norwegian Central Bank to Begin Testing the Technical Solution for its CBDC

Godfrey Benjamin April 23, 2021

The Norwegian Central Bank, Norges Bank, is yielding to the recommendations of an internal working group, to proceed with the testing of a technical solution for the proposed Central Bank Digital Currency (CBDC) for the country. According to the bank’s official announcement, the launch of the technical solution testing for the CBDC became imperative as

The Norwegian Central Bank, Norges Bank, is yielding to the recommendations of an internal working group, to proceed with the testing of a technical solution for the proposed Central Bank Digital Currency (CBDC) for the country. According to the bank’s official announcement, the launch of the technical solution testing for the CBDC became imperative as

turkey
Altcoin News
turkey
Altcoin News

Turkish Agency Opens Investigation Against Crypto Exchage Thodex Over Alleged $2B Fraud

Prashant Jha April 22, 2021

Thodex, a popular crypto exchange in Turkey is currently under investigation for alleged exit fraud after customers started complaining about not able to access their funds and later the website for the platform also went offline. The founder of the exchange Faruk Fatih Özer has reputedly fled the country on April 20 defrauding nearly $2

Thodex, a popular crypto exchange in Turkey is currently under investigation for alleged exit fraud after customers started complaining about not able to access their funds and later the website for the platform also went offline. The founder of the exchange Faruk Fatih Özer has reputedly fled the country on April 20 defrauding nearly $2

binance-cream-finance-sushi-yield-farming
News
binance-cream-finance-sushi-yield-farming
News

Binance May Face Investigation by European Regulators for Offering Stock Tokens

Prashant Jha April 22, 2021

Binance crypto exchange recently started offering fractional tokenized shares of Tesla and Coinbase allowing customers to get access to traditional stock market shares from within the platform. However, this move could backfire as reports suggest the exchange might face the wrath of European regulators for offering equity. European regulators are currently examining whether the world’s

Binance crypto exchange recently started offering fractional tokenized shares of Tesla and Coinbase allowing customers to get access to traditional stock market shares from within the platform. However, this move could backfire as reports suggest the exchange might face the wrath of European regulators for offering equity. European regulators are currently examining whether the world’s

Crypto-Banks
Blockchain News
Crypto-Banks
Blockchain News

Breaking: Binance Appoints Ex OCC Chief Brian Brooks As CEO of Binance US

Prashant Jha April 20, 2021

Brian Brooks, the former head of the Office of Comptroller of Currency under the Trump administration would be taking over as the CEO of Binance.US, as per the company’s latest announcement. Brooks would be replacing Catherine Coley who had led the American subsidiary of the largest crypto exchange since its launch a couple of years

Brian Brooks, the former head of the Office of Comptroller of Currency under the Trump administration would be taking over as the CEO of Binance.US, as per the company’s latest announcement. Brooks would be replacing Catherine Coley who had led the American subsidiary of the largest crypto exchange since its launch a couple of years