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Regulation News

John Deaton Emphasizes Need For Modernised Regulatory Framework, Criticizes SEC Over Outdated Laws
The post John Deaton Emphasizes Need For Modernised Regulatory Framework, Criticizes SEC Over Outdated Laws appeared first on Coinpedia Fintech News In a latest X post, the pro-XRP lawyer, John Deaton has expressed concerns over the outdated regulatory framework applied by the US SEC in response to Michael Saylor’s interview. He shared that the SEC should be focused on ‘fraud, pump and dump schemes and the bad guys.’ The Need For Modernised Regulatory Framework He pointed out …

coinpedia 2024-11-19 21:22
Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU
The post Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU appeared first on Coinpedia Fintech News In the latest development, Paxos, the leading regulated blockchain and tokenization infrastructure platform, has announced that it has agreed to acquire Membrane Finance (Membrane), an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition is subject to regulatory approval. Upon completion of the acquisition, Paxos will be a fully licensed EMI in Finland …

coinpedia 2024-11-19 20:14
BIT Mining Settles with SEC for $4M Amid Bribery Allegations in Japan
BIT Mining settles with SEC for $4M over bribery allegations tied to a Japanese casino project, violating the Foreign Corrupt Practices Act (FCPA)

BTC Pulse 2024-11-19 20:12
Microsoft and Chainlink join phase two of Brazil’s CBDC pilot program
Phase two of Brazil’s Drex CBDC pilot launches.

Invezz 2024-11-19 19:35
Final FTX exec to be sentenced on Nov. 20 — What should users expect?
Three of the five individuals indicted in the FTX case have been sent to prison, while one was given time served.

CoinTelegraph 2024-11-19 18:55
Trump to pick Cantor Fitzgerald CEO Howard Lutnick as Commerce secretary
Trump plans to nominate Lutnick as Commerce Secretary, a choice focused on economic expansion amidst US-China tech tensions. The post Trump to pick Cantor Fitzgerald CEO Howard Lutnick as Commerce secretary appeared first on Crypto Briefing .

Crypto Briefing 2024-11-19 18:44
Pro-XRP Lawyer John Deaton Criticizes US SEC For Applying Outdated Laws
Pro-XRP lawyer John Deaton has criticized the U.S. Securities and Exchange Commission (US SEC) for relying on laws established in 1933 to regulate emerging technologies like blockchain, artificial intelligence, and robotics. Deaton emphasized the need for reform, stating that the current legal framework does not account for the real-time availability of information brought by the The post Pro-XRP Lawyer John Deaton Criticizes US SEC For Applying Outdated Laws appeared first on CoinGape .

CoinGape 2024-11-19 18:17
Judge Rejects Kraken’s Appeal Bid in SEC Lawsuit
A California judge denied Kraken's appeal, stating the SEC plausibly alleged Kraken sold unregistered securities. Discovery will determine the outcome.

BTC Pulse 2024-11-19 18:04
Crypto Exchange Gemini Launches Operations in France
US crypto exchange Gemini has launched its platform in France, allowing local users to deposit, trade and store over 70 digital assets on web and mobile devices. Gemini’s entry into the French market comes after it secured DASP registration from French regulators in January.

Crypto Daily 2024-11-19 17:47
Russia’s New Crypto Tax: 15% on Trading and Mining Income
Russia amended its crypto tax legislation, proposing a 15% tax on income from crypto asset trading and mining. This aligns with the government’s efforts to establish a balanced taxation policy and increase revenue from the expanding crypto industry. The amendments classify cryptocurrency as “property” for tax purposes. This means that any income generated from crypto The post Russia’s New Crypto Tax: 15% on Trading and Mining Income appeared first on Coin Edition .

Coin Edition 2024-11-19 17:20
Bitfinex Securities launches first tokenized Treasury bills under El Salvador’s law
Bitfinex Securities launches tokenized US Treasury bills in El Salvador, offering 5% yield via Bitcoin tech, under local law. The post Bitfinex Securities launches first tokenized Treasury bills under El Salvador’s law appeared first on Crypto Briefing .

Crypto Briefing 2024-11-19 17:16
Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access
Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

CoinDesk 2024-11-19 17:06

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