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Tag: financial

SEC Push to Delist Cryptocurrencies Except Bitcoin Could End Crypto: Coinbase CEO
Brian Armstrong discloses that the SEC asked the exchange to delist nearly 250 tokens except for Bitcoin before suing the company....

US House Committee Moves Forward on Legislation Covering Stablecoins, Digital Assets and More
The House Financial Services Committee approves seven pieces of legislation that redefine regulation on stablecoins, digital assets....

Coinbase CEO Says Vote ‘Yes’ for Crypto Regulatory Bills: FIT2, Blockchain Certainty Act
Coinbase’s chief, Brian Armstrong, is using his platform to encourage American citizens to endorse the proposed crypto regulatory bills – the Financial Innovation and Technology for the 21 Century...

UK’s FCA Could Soon Make Crypto Boring
The Financial Conduct Authority (FCA) in the UK has identified a new area of potential regulatory concern: cryptocurrency memes. The financial watchdog warned that non-compliant crypto memes might not...

Has Crypto Triggered Bank of America?
Within the traditional financial landscape, Bank of America, one of the most prominent U.S. banking institutions, finds itself under the spotlight following allegations of closing client accounts link...

EU’s Financial Watchdog Publishes Proactive Stablecoin Standards
Staying one step ahead of regulatory mandates, the European Banking Authority (EBA), the financial regulator of the European Union, has requested that stablecoin issuers adopt proposed guiding princip...

Bitcoin ATMs are Numbered As UK Financial Watchdog Cracks Down
The Financial Conduct Authority (FCA) of the United Kingdom continues its crackdown on unlicensed crypto ATMs. Conducting a series of inspections in May and June, the FCA got rid of......

BTC to $120,000? Standard Chartered Thinks 2024 is Bitcoin’s Year
Standard Chartered has raised its 2024 Bitcoin forecast to $120,000, a notable increase from the $100,000 prediction made in April, according to a Reuters report. The United Kingdom-based financial in...

DeFi Exclusion From EU’s MiCA Regulation Raises Concerns
The Association for Financial Markets in Europe (AFME) the organization that represents European wholesale markets has sounded the alarm on the exclusion of DeFi from the European Union’s......

Crypto Advertisements Soon to Have Major Restrictions in UK
The UK Government has expanded the scope of the financial promotion regime to incorporate specific crypto assets. This new regulation, which comes into effect on October 8, 2023, mandates all......