PYMNTS-MonitorEdge-May-2024

Crypto Regulations

EU Regulator Proposes New Rules For Foreign Crypto Firms
EU Regulator Proposes New Rules For Foreign Crypto Firms
January 29, 2024  |  Cryptocurrency

A European regulator has proposed new rules for cryptocurrency companies headquartered outside of the bloc. The European Securities and Markets Authority (ESMA) introduced regulations Monday (Jan. 29) that...

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SEC Denies Petition for New Crypto Rules; Coinbase Seeks Judicial Review 
SEC Denies Petition for New Crypto Rules; Coinbase Seeks Judicial Review 
December 15, 2023  |  Cryptocurrency

Cryptocurrency exchange Coinbase plans to seek a judicial review of a decision by the Securities and Exchange Commission (SEC) to deny its petition for new rules in the digital...

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‘Significant’ Number of Crypto Firms Could Fail UK Standards
‘Significant’ Number of Crypto Firms Could Fail UK Standards
October 08, 2023  |  Cryptocurrency

The U.K.’s financial watchdog is launching a crackdown on cryptocurrency companies that violate new standards. The Financial Conduct Authority (FCA) is set to begin updating its warning...

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G20 Countries Want ‘Swift’ Passage of Global Crypto Rules
G20 Countries Want ‘Swift’ Passage of Global Crypto Rules
September 10, 2023  |  Cryptocurrency

The heads of the G20 nations are calling for rapid adoption of global cryptocurrency rules. A report Sunday (Sept. 10) by Cointelegraph said this framework...

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Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application
Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application
August 29, 2023  |  Bitcoin

Grayscale Investments, a prominent crypto asset manager, has won a court ruling that requires the Securities and Exchange Commission (SEC) to reconsider its application for the...

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Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
August 25, 2023  |  Cryptocurrency

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed regulations that aim to “close the tax gap” in the sale and exchange of digital assets. These...

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Binance Downplays Reports That Company Is Leaving U.S.
Binance Downplays Reports That Company Is Leaving U.S.
February 19, 2023  |  Cryptocurrency

Binance’s CEO is denying reports his company is considering cutting ties with U.S. businesses. “We pulled back on some potential investments, or bids on bankrupt...

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Today in Crypto: Miami Startup Provides Crypto-Secured Mortgages; Gibraltar Cracks Down on Market Manipulation
Today in Crypto: Miami Startup Provides Crypto-Secured Mortgages; Gibraltar Cracks Down on Market Manipulation
April 27, 2022  |  Cryptocurrency

Crypto mortgages have become a new example of the digital divide when it comes to how digital assets are used in the U.S. real estate...

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In India, Banks Shy Away From Crypto Use
In India, Banks Shy Away From Crypto Use
January 11, 2019  |  Cryptocurrency

The crypto landscape in India, at least when it comes to banking, may be a bit less indecisive. Turns out the private sector seems to...

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