Tag: Financial regulations
Kraken Operator Fined $5m in Australia for Illegal Credit Facility
Kraken Operator Fined $5m in Australia for Illegal Credit FacilityKraken's Australian entity, Bit Trade, has been hit with a hefty fine of AUD 8 million (approximately $5.2 million) for violating regulations by providing an...
Andy Barr’s Plan for House Financial Services: A Vision for Growth and Stability
Congressman Andy Barr from Kentucky is in the running to take over as the leader of the Republican wing of the U.S. House Financial Services Committee. This committee oversees regulators like the Securities and...
Crypto Adoption Surges Despite Regulatory Uncertainty, A16z Report Shows
According to the annual "State of Crypto" report released by venture capital firm Andreessen Horowitz (a16z), the use of cryptocurrencies has hit record levels. The report reveals a significant increase in blockchain activity, with...
SEC Ripple Case Appeal & Israel-Iran Tension Updates | Weekly Recap
Last week, the U.S. SEC took a significant step in the ongoing Ripple case by filing an appeal notice against the judgment delivered by Judge Analisa Torres. This move has the potential to prolong...
CFTC’s Christy Goldsmith Romero to Depart Agency Soon
So, there's some drama going down at the Commodity Futures Trading Commission (CFTC) as Christy Goldsmith Romero, one of the big shots over there, is saying her goodbyes at the end of this month....
Simplifying Crypto Regulation: Lessons from IRS for SEC
So, like, the IRS has been all about this whole voluntary disclosure thing, you know, to get taxpayers to play nice instead of hitting them with punishments right off the bat. Miles Fuller, Director...
Russian Finance Ministry Launches Crypto Trading for Accredited Investors
Russian Finance Ministry Launches Crypto Trading for Accredited Investors
The exchange will "legalize crypto assets and bring cryto operations out of the shadows," Finance Minister Anton Siluanov said Apr 24, 2025, 10:24 a.m. Russia's finance...
Benefits of Allowing Staking in Exchange-Traded Products
American lawmakers are challenging the Securities and Exchange Commission (SEC) on its exclusion of staking in exchange-traded products (ETPs), a move that could impact investor protections and America's competitiveness in the global digital asset...
CFTC Acting Chair Pham: Regulation Shifts Away from Enforcement
CFTC Acting Chair Pham: A Shift Towards Fraud PreventionIn a recent announcement on February 4, 2025, at 10:03 p.m. UTC, Caroline Pham, the Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), revealed...
Kenya Legalizes Cryptocurrencies: Policy Shift Report
**Kenya Legalizes Cryptocurrencies: Policy Shift Report**In a groundbreaking move, Kenya's Treasury Cabinet Secretary, John Mbadi, has announced plans to legalize cryptocurrencies, marking a significant shift in the country's stance on the digital asset industry....
