Search Results for: Credit Agencies

US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX

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A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. Sin embargo, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how that will work.” Senator Sherrod…

SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries

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The chairman of the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. Además, los Estados Unidos. Treasury Department’s Financial Stability Oversight Council (FSOC) has recommended that regulatory…

Reporte: Chinese Company Launches Digital Currency Insurance Product

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The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency…

Reporte: State Securities Regulators Probe Crypto Lender Genesis

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State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have…

Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson

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The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal tender. The bank said it is working with law enforcement to “clamp down on illegal foreign…

CFTC Chairman on US Crypto Regulation: We Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity

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The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEGUNDO) “have to rely on 70-year-old case law to determine what’s a security or a commodity.” He stressed that the SEC and CFTC…

legisladores filipinos, Banco Central, La SEC discute la regulación de las criptomonedas en una audiencia en el Senado

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The central bank and the Securities and Exchange Commission (SEGUNDO) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies Philippine…

El emisor de Stablecoin Tether no congelará las direcciones de efectivo de Tornado, Dice que la congelación prematura podría poner en peligro las investigaciones

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While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Atar’s recently published blog post…

La popularidad de Crypto Investments justifica las regulaciones, El regulador de valores australiano dice

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Altas tasas de propiedad de criptomonedas, con compras realizadas a menudo siguiendo los consejos de Youtube y Facebook, hacer “un caso sólido para la regulación,” según la Comisión Australiana de Valores e Inversiones. El organismo de control respalda su postura con resultados de encuestas que muestran que casi la mitad de…

India congela los activos bancarios de Wazirx de Crypto Exchange: Binance afirma que la adquisición de Wazirx "nunca se completó"

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A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. Sin embargo, Binance CEO Changpeng Zhao (CZ) now claims that…