Category: Regulation News

SEC Commissioner’s New Token Harbor Initiative Proposes 3-Year Grace Period for Crypto Startups

Hester Peirce, the SEC commissioner who is also popularly known as ‘crypto mom‘ because of her in-depth understanding of the crypto space has come out with an updated token harbor initiative first introduced in February 2020, to help new crypto startups raise funds without worrying about regulatory clampdowns.  The new token fundraising solution proposes a […]

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Coinbase’s COIN Stock Could Be Heading for $600 Price Target Predicts Analyst

On Wednesday, April 14, Coinbase (COIN) made a stellar debut on Wall Street closing at $328 per share and drawing valuations of $83 billion at the time of closing on Nasdaq. This is a strong 30% gain on a listing day. However, the COIN share’s listing price was a massive $381 but a choppy trading […]

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Republican Kevin McCarthy Bats For Bitcoin, Calls For Better BTC Regulations to Steer Ahead of China

Kevin McCarthy, the Republican leader from California recently appeared on Squak Box to talk about various governance policies of the Biden government as well as their approach towards the highly popular Bitcoin and cryptocurrencies market. McCarthy called for better regulations to allow the crypto market to flourish in the US. When asked about his opinion […]

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“Less Illicit Activity on Bitcoin Than Traditional Banking System”- Former CIA Director

Michael Morrell,  the former acting director of CIA published an independent paper commissioned by Crypto Council for Innovation refuting the long told narrative about bitcoin and crypto use in illicit activities. Morrell in his research found that the fear-mongering around crypto propagated by government officials like Treasury Secretary Janet Yellen does not hold any ground […]

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Breaking: Galaxy Digital Files for a Bitcoin ETF in US

Galaxy Digital, a crypto custody firm led by Mike Novogratz has filed for a Bitcoin ETF before the US SEC on 12th April. The latest filing before the SEC takes the total number of Bitcoin ETF applications pending before the regulator to nine. Galaxy Bitcoin ETF will be an exchange-traded fund that issues common shares […]

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Ex NYSE CFO Says Coinbase Listing on Nasdaq is Sign of Real Financial Innovation

Ame Butte, the former CFO of the New York Stock Exchange in a recent interview with CNBC said the direct listing of Coinbase on Nasdaq is a sign of real financial innovation. The comments came in the context of massive Bitcoin and crypto adoption over the past 3-4 months. The new year 2021 saw several […]

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Indian Minister For Corporate Affairs says the Gov is Open Minded on Crypto Regulations

Indian Minister of State for Finance and Corporate Affairs in a recent interview said that the Indian government is open to crypto regulations and is considering the various aspects of the nascent field to frame the laws around cryptocurrencies. During the interview, Thakur also highlighted that due to elections in five states the last parliamentary […]

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Amid Inflation Crisis, Turkey Plans to Issue Its CBDC Digital Lira In Two Years

Amid highly rising inflation and with the Turkish Lira losing value against the USD, the country is now looking for a digital alternative to its national currency. Drawing a leaf from China’s CBDC move, Turkey is all set to launch its Digital Lira in the next two years. On Wednesday, local news agency Sabah published […]

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SECs Ripple Lawsuit Brings Ethereum’s Asset Status Under Scanner Again

The SEC vs Ripple Lab lawsuit took an interesting turn on April 6th when Ripple counsel requested access to SEC’s internal documents discussing around Bitcoin and Ethereum’s Asset status. The judge granted the favor despite SEC protesting against it, leading many to believe that XRP might pass the test as well which made SEC declare […]

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UK’s Legal System Expects A Major Uptick In Crypto Scams After FCA Warning

With the crypto market gaining strong attention worldwide, UK’s legal system is expecting a surge ahead in crypto scams taking place in the country. The head of the Crown Prosecution Service (CPS) recently appraised The Financial Times about this situation. CPS looks after whether suspects should be charged further and is these cases should be prosecuted […]

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