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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

Spanish banks faced with uncertainty as they race to comply with crypto regulations
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Spanish banks faced with uncertainty as they race to comply with crypto regulations
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Texas Ethics Commission proposes pro-crypto law

The Texas Ethics Commission proposed an exclusive framework for Cryptocurrency contributions yesterday, to further address and clarify the reporting requirements of political contributions made with cryptocurrencies like Bitcoin. The proposal mirrored the Federal Election Commission (FEC) and several other state commissions like the IRS and SEC’s treatment of cryptocurrency contributions and holdings as investments instead

Palak Malhotra 1 day ago

The Texas Ethics Commission proposed an exclusive framework for Cryptocurrency contributions yesterday, to further address and clarify the reporting requirements of political contributions made with cryptocurrencies like Bitcoin. The proposal mirrored the Federal Election Commission (FEC) and several other state commissions like the IRS and SEC’s treatment of cryptocurrency contributions and holdings as investments instead

china police
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china police
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China Targets NFT Market After Blanket Ban on Crypto, Here’s Everything You Should Know

The latest development in the Chinese crypto crackdown saw the authorities limit Non-Fungible Tokens (NFTs) to mere digital collectibles, i.e., they cannot be traded for-profit anymore, levying a ban on NFTs as part of the decentralized business. According to the Chinese Journalist, Colin Wu, the regulatory framework around NFTs is next in line with strengthened

Palak Malhotra 1 day ago

The latest development in the Chinese crypto crackdown saw the authorities limit Non-Fungible Tokens (NFTs) to mere digital collectibles, i.e., they cannot be traded for-profit anymore, levying a ban on NFTs as part of the decentralized business. According to the Chinese Journalist, Colin Wu, the regulatory framework around NFTs is next in line with strengthened

Bitcoin etf
Altcoin News
Bitcoin etf
Altcoin News

The Crypto ETF Revolution Can Pose Major Risks to Crypto Exchanges. Here’s Why

The cryptocurrency market got its first Bitcoin ETF this week after a long. The market also responded in equal measure with an overwhelming demand for the ProShares strategy Bitcoin ETF. Well, this could be just the beginning of the crypto revolution coming to the market over the next decade. The $7 trillion ETF industry has

Bhushan Akolkar 1 day ago

The cryptocurrency market got its first Bitcoin ETF this week after a long. The market also responded in equal measure with an overwhelming demand for the ProShares strategy Bitcoin ETF. Well, this could be just the beginning of the crypto revolution coming to the market over the next decade. The $7 trillion ETF industry has

SEC vs. Ripple Lawsuit
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SEC vs. Ripple Lawsuit
News

XRP Lawsuit: Ripple appeals the Court to Disclose SEC’s in-camera review documents

The latest update in the XRP lawsuit saw Ripple respond to SEC’s letter with the explanation for its privilege assertions along with a redacted version of the three additional documents requested by the defendants for in-camera review. Ripple has requested the court to disclose these documents to the defense and has further continued to argue

Palak Malhotra 1 day ago

The latest update in the XRP lawsuit saw Ripple respond to SEC’s letter with the explanation for its privilege assertions along with a redacted version of the three additional documents requested by the defendants for in-camera review. Ripple has requested the court to disclose these documents to the defense and has further continued to argue

Spanish banks faced with uncertainty as they race to comply with crypto regulations
Regulation News
Spanish banks faced with uncertainty as they race to comply with crypto regulations
Regulation News

Crypto regulations for Spanish banks might be unnecessary

Spanish banks are gearing up in preparation for the upcoming crypto regulations. But in line with the regulations, the Bank of Spain must first put together, a list of virtual assets service providers by October 29. Now, this in itself would naturally not be a major challenge, but for the bogus nature of the whole

Mayowa Adebajo 2 days ago

Spanish banks are gearing up in preparation for the upcoming crypto regulations. But in line with the regulations, the Bank of Spain must first put together, a list of virtual assets service providers by October 29. Now, this in itself would naturally not be a major challenge, but for the bogus nature of the whole

CryptoCurrency Scam
Bitcoin News
CryptoCurrency Scam
Bitcoin News

This ransomware gang moved $6.8 million in Bitcoin amid regulatory overhaul

Ransomware groups, Darkside and BlackMatter recently moved multi-million dollars worth of Bitcoin upon getting the news of REvil’s servers getting hacked by a global coalition of law enforcement agencies. According to the authorities, 107 BTC, which amounts to $6.8 million were moved earlier today by splitting the amount into several different wallets. Furthermore, officials revealed

Palak Malhotra 2 days ago

Ransomware groups, Darkside and BlackMatter recently moved multi-million dollars worth of Bitcoin upon getting the news of REvil’s servers getting hacked by a global coalition of law enforcement agencies. According to the authorities, 107 BTC, which amounts to $6.8 million were moved earlier today by splitting the amount into several different wallets. Furthermore, officials revealed

ripple ceo garlinghouse
Altcoin News
ripple ceo garlinghouse
Altcoin News

Ripple CEO reinstates SEC bias towards ETH, claiming XRP could’ve been No.2

It is not news that the ongoing XRP lawsuit has got the better of Ripple’s XRP token. Ripple CEO, Brad Garlinghouse recently questioned the SEC’s bias towards Ethereum, claiming that XRP would’ve been at the No. 2 position instead of ETH if it weren’t for the commission’s partial crackdown. Garlinghouse spoke at the DC Fintech

Palak Malhotra October 22, 2021

It is not news that the ongoing XRP lawsuit has got the better of Ripple’s XRP token. Ripple CEO, Brad Garlinghouse recently questioned the SEC’s bias towards Ethereum, claiming that XRP would’ve been at the No. 2 position instead of ETH if it weren’t for the commission’s partial crackdown. Garlinghouse spoke at the DC Fintech

India
Altcoin News
India
Altcoin News

Breaking: Indian Securities Regulator Bars Financial Advisors From Advising on Crypto

The Securities and Exchange Board of India (SEBI) has issued a circular addressed to investment financial advisors in the country, barring them from offering any financial advice on cryptocurrencies and similar unregulated markets. SEBI in its circular noted that investment advisors have been found involved in unregulated activity by advising clients on crypto market investment.

Prashant Jha October 22, 2021

The Securities and Exchange Board of India (SEBI) has issued a circular addressed to investment financial advisors in the country, barring them from offering any financial advice on cryptocurrencies and similar unregulated markets. SEBI in its circular noted that investment advisors have been found involved in unregulated activity by advising clients on crypto market investment.

SEC vs. Ripple Lawsuit
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SEC vs. Ripple Lawsuit
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XRP Lawsuit: Court Grants Two Motions for both parties each. Here’s how it’s a win-win for Ripple?

The latest update in the XRP lawsuit explains the need for the formerly granted extension. Judge Netburn partially granted two motions, one for both parties. First, the Defendants’ Motion to Compel the SEC to produce interrogatories responses, regarding SEC’s Howey Test blanket application theory. Second, the Plaintiff’s Motion seeking a protective order under FRCP 26(c)(1),

Palak Malhotra October 22, 2021

The latest update in the XRP lawsuit explains the need for the formerly granted extension. Judge Netburn partially granted two motions, one for both parties. First, the Defendants’ Motion to Compel the SEC to produce interrogatories responses, regarding SEC’s Howey Test blanket application theory. Second, the Plaintiff’s Motion seeking a protective order under FRCP 26(c)(1),

Hester Peirce bitcoin ETF
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Hester Peirce bitcoin ETF
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Commissioner Peirce suggests SEC to work with crypto businesses to build a “reasonable framework”

Commissioner Hester Peirce, aka “crypto mom” strikes back at the SEC for not working with crypto businesses in carving out a reasonable framework for the securities laws. Peirce spoke remotely at the Wall Street Journal’s Tech Live conference on Wednesday and continued to criticize SEC Chief, Gary Gensler on his anti-crypto stance. Furthermore, Peirce suggested

Palak Malhotra October 21, 2021

Commissioner Hester Peirce, aka “crypto mom” strikes back at the SEC for not working with crypto businesses in carving out a reasonable framework for the securities laws. Peirce spoke remotely at the Wall Street Journal’s Tech Live conference on Wednesday and continued to criticize SEC Chief, Gary Gensler on his anti-crypto stance. Furthermore, Peirce suggested

SEC vs. Ripple Lawsuit
News
SEC vs. Ripple Lawsuit
News

XRP Lawsuit: Case extended further with Court Granting Expert Discovery Extension

The latest update in the XRP lawsuit has brought bad news for Ripple and XRP Holders, as the court granted SEC’s 2-months extension request for the expert discovery deadline in a Text-Only Order. JUST ADDED to our Document Library:✅Order Extending Expert Discovery to January 14, 2022 (Text-Only Order). (1/5) 👇https://t.co/P16CwGWGJO — CryptoLaw (@CryptoLawUS) October 20,

Palak Malhotra October 21, 2021

The latest update in the XRP lawsuit has brought bad news for Ripple and XRP Holders, as the court granted SEC’s 2-months extension request for the expert discovery deadline in a Text-Only Order. JUST ADDED to our Document Library:✅Order Extending Expert Discovery to January 14, 2022 (Text-Only Order). (1/5) 👇https://t.co/P16CwGWGJO — CryptoLaw (@CryptoLawUS) October 20,

SEC vs. Ripple Lawsuit
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SEC vs. Ripple Lawsuit
News

XRP Lawsuit: XRP Holders approach the court regarding the expert discovery extension dispute

The latest development in the XRP lawsuit saw Attorney Deaton write to Judge Torres on behalf of Movants (XRP Holders) to consider the community’s “meaningful perspective” to aid the Court in “reach[ing] a proper decision” in Expert discovery deadline extension dispute. The letter noted that while the court formerly denied Movants’ Motion to Intervene in

Palak Malhotra October 20, 2021

The latest development in the XRP lawsuit saw Attorney Deaton write to Judge Torres on behalf of Movants (XRP Holders) to consider the community’s “meaningful perspective” to aid the Court in “reach[ing] a proper decision” in Expert discovery deadline extension dispute. The letter noted that while the court formerly denied Movants’ Motion to Intervene in

China
Blockchain News
China
Blockchain News

China asks McDonald’s to Expand Digital Yuan Use Across Outlets, Here’s Why

China is now looking for an aggressive digital yuan push right before the winter olympics. The national soverign digital currency whose development was completed in 2019 is currently being widely tested across various provinces in China before the official launch. The latest report from Financial Times noted that the Chinese government has asked fast-food giant

Prashant Jha October 20, 2021

China is now looking for an aggressive digital yuan push right before the winter olympics. The national soverign digital currency whose development was completed in 2019 is currently being widely tested across various provinces in China before the official launch. The latest report from Financial Times noted that the Chinese government has asked fast-food giant

Tether
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Tether
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Breaking: Hindenburg Research launches $1 million Tether Bounty Program

Hindenburg Research, a forensic financial research firm announced the launch of the Hindenburg Tether Bounty Program to unveil the Tether reserves scandal. The Program holds rewards up to $1 million for information leading to previously undisclosed details about cryptocurrency “stablecoin” Tether’s backing. According to Hindenburg Research’s press release, the company believes Tether could be a

Palak Malhotra October 20, 2021

Hindenburg Research, a forensic financial research firm announced the launch of the Hindenburg Tether Bounty Program to unveil the Tether reserves scandal. The Program holds rewards up to $1 million for information leading to previously undisclosed details about cryptocurrency “stablecoin” Tether’s backing. According to Hindenburg Research’s press release, the company believes Tether could be a

PBOC
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PBOC
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China’s Tax Official newspaper calls for Crypto taxation, Does this indirectly legalize crypto?

The Chinese tax publication, China Tax News called for taxing past cryptocurrency profits using the Ex post facto law, also known as the principle of “law is not retroactive”. This means that the services provided by overseas exchanges to residents of China before the official crypto ban will now be required to pay tax in

Palak Malhotra October 20, 2021

The Chinese tax publication, China Tax News called for taxing past cryptocurrency profits using the Ex post facto law, also known as the principle of “law is not retroactive”. This means that the services provided by overseas exchanges to residents of China before the official crypto ban will now be required to pay tax in

Bitcoin News
Bitcoin News

Breaking: Australian Parliamentary Committee Sets Guidelines to Give Crypto Industry a Big Push

Australia’s parliamentary committee on crypto-assets aims to bring concrete regulatory and policy changes to give a major push to the crypto industry in the country. The committee believes Australia needs a robust policy and regulatory changes to help it compete against the global leaders. The said committee released a draft report on 20th October outlining

Prashant Jha October 20, 2021

Australia’s parliamentary committee on crypto-assets aims to bring concrete regulatory and policy changes to give a major push to the crypto industry in the country. The committee believes Australia needs a robust policy and regulatory changes to help it compete against the global leaders. The said committee released a draft report on 20th October outlining

SEC
News
SEC
News

XRP Lawsuit: Ripple objects further extensions in lieu of frozen XRP markets

The latest update in the XRP lawsuit saw Ripple file an opposition to the SEC’s letter seeking a two-month extension of the Court-ordered expert discovery deadline, dragging the case further into the new year. Ripple noted that while it agreed to extend the deadline for rebuttal expert reports to November 12, expert discovery should not

Palak Malhotra October 20, 2021

The latest update in the XRP lawsuit saw Ripple file an opposition to the SEC’s letter seeking a two-month extension of the Court-ordered expert discovery deadline, dragging the case further into the new year. Ripple noted that while it agreed to extend the deadline for rebuttal expert reports to November 12, expert discovery should not

US Treasury
Blockchain News
US Treasury
Blockchain News

Breaking: US Treasury Department Says Digital Assets Undermine Sanctions

Cryptocurrencies and digital assets have made great headway this year as institutional giants and countries like El Salvador have adopted Bitcoin and crypto assets in their financial ecosystem. However, this has become increasingly a cause of worry for the Biden administration. The US Treasury Department released a Sanctions review report claiming that digital assets undermine

Prashant Jha October 19, 2021

Cryptocurrencies and digital assets have made great headway this year as institutional giants and countries like El Salvador have adopted Bitcoin and crypto assets in their financial ecosystem. However, this has become increasingly a cause of worry for the Biden administration. The US Treasury Department released a Sanctions review report claiming that digital assets undermine

France
Altcoin News
France
Altcoin News

France Incorporates Cryptocurrencies in Government Bonds, Here’s Everything You Should Know

The Central Bank of France is currently running a pilot in which government bonds would incorporate crypto assets transactions in the debt market. The program would continue for 10-months and would see the country’s biggest financial players take part in it to check the feasibility. The trial would incorporate a blockchain system developed by IBM

Prashant Jha October 19, 2021

The Central Bank of France is currently running a pilot in which government bonds would incorporate crypto assets transactions in the debt market. The program would continue for 10-months and would see the country’s biggest financial players take part in it to check the feasibility. The trial would incorporate a blockchain system developed by IBM

Ripple
Altcoin News
Ripple
Altcoin News

Ripple CEO Calls Gensler and Clayton’s Meeting Before XRP Lawsuit “Bad Optics,” Here’s Why

The XRP lawsuit seems far from over as the latest happenings in the case indicate a possible extension into the new year as well. What started as SEC’s crackdown on unregistered securities has taken a different turn as the case has progressed and now it seems SEC is the real defendant in the case as

Prashant Jha October 19, 2021

The XRP lawsuit seems far from over as the latest happenings in the case indicate a possible extension into the new year as well. What started as SEC’s crackdown on unregistered securities has taken a different turn as the case has progressed and now it seems SEC is the real defendant in the case as