regulator

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency

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Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading…

Bank of Russia Rejects Provision of Crypto-Related Financial Services

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Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow…

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

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With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto…

SEC Delays 4 Bitcoin ETF Deadlines — Regulator ‘Finds It Appropriate to Designate a Longer Period of Time’

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On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45 days. The regulator notes that the entity needs more time to decide on the ETF applications. Global X, Kryptoin, Valkyrie, Wisdomtree…

SEC Denies Freedom of Information Act Request Concerning Tether Documents

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On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission…