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Coinbase calls for crypto rules in letter to United States Securities and Exchange Commission (SEC) citing enforcement action against Kraken

by Александр Пирогов | Nov 23, 2023 | Blog News

Coinbase, a cryptocurrency exchange based in the United States, has reiterated its request to the SEC for a response to its petition regarding the establishment of cryptocurrency rules. In support of its argument, Coinbase cites the recent enforcement action taken by...

New York State Department Of Financial Services (NYDFS) Unveiled New Restrictions | 22 November 2023

by Александр Пирогов | Nov 22, 2023 | Blog News

The new regulation mandates crypto companies submit their coin listing and delisting policies for NYDFS approval. Company policies will be measured against more stringent risk assessment standards set forth by the NYDFS to protect investors. Technological,...

Binance CEO Resigns And Pleads Guilty As Crypto Exchange Pays Us$4.3 Billion In Fines | 22 November 2023

by Александр Пирогов | Nov 22, 2023 | Blog News

The CEO of Binance, Changpeng Zhao, has resigned and pleaded guilty to a US criminal charge for not adequately preventing money laundering, in which he may face imprisonment of approximately 1 to 10 years. Binance, the largest cryptocurrency exchange, has also pleaded...

Javier Milei wins Argentine Presidency : A bright future for Bitcoin in Argentina | 0400 HKT | 2100 UKT | 21 November 2023

by Александр Пирогов | Nov 21, 2023 | Blog News

In a press release earlier this year, Javier Milei stated, “we have to understand that the central bank is a scam.” He further expressed, “bitcoin is representing the return of money to its original creator, the private sector.” However, he has...

Canadian regulator seeks input on disclosure requirements for crypto asset exposure | 0400 HKT | 2100 UKT | 21 November 2023

by Александр Пирогов | Nov 21, 2023 | Blog News

Canada’s Office of the Superintendent of Financial Institutions (OSFI) is consulting on crypto-asset disclosure requirements for federally regulated financial institutions. The consultation aligns with a similar inquiry by the Bank for International Settlements...

Blockchain Association seeks to lift Tornado Cash sanctions by filing support in lawsuit | 0900 HKT | 0100 UKT | 21 November 2023

by Александр Пирогов | Nov 21, 2023 | Blog News

The Blockchain Association has expressed its support for six plaintiffs who are suing the United States Treasury Office of Foreign Assets Control (OFAC) regarding its sanctions on Tornado Cash, a crypto mixer. In a brief submitted to a U.S. appellate court on 20...
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