FDIC warns CEX.IO exchange against misleading insurance claims
The FDIC issued a cease and desist letter to CEX.IO demanding that it removes all references to FDIC insurance as the agency doesn’t cover digital assets.
The FDIC issued a cease and desist letter to CEX.IO demanding that it removes all references to FDIC insurance as the agency doesn’t cover digital assets.
The SEC voted 4-1 to expand a regulation last updated in 2009 that will now require investment advisers to custody digital assets with a qualified custodian.
Following similar moves from neighboring states, Oman mulls implementing a new regulatory regime to oversee the digital currency sector and prevent market abuse as asset holders increase in numbers.
The Financial Conduct Authority said the law mandates all providers of digital currency services to seek registration with the regulators, and the requirement extends to digital currency ATM regulators.
With the Women’s Premier League expected to draw massive audiences, the Board of Control for Cricket in India is actively ensuring that the event would be free from advertisements tied to digital assets with its latest prohibition.
At the moment, details and the direction of the financial regulators' investigations remain unclear largely because of the lack of staking regulations in South Korea.
Apart from the planned meeting with EU officials on the MiCA regulations, U.S. authorities will also hold talks with controversial digital asset firms, including Binance, Ripple, and Coinbase.
While other countries choose whether to focus on a retail CBDC instead of wholesale, the United Arab Emirates is seeking to focus its efforts on launching both types under its FIT program.
While U.S. government agencies wrestle with whether or not to regulate the digital asset sector, Policy Director Lee Reiners pointed out that most Americans couldn't care less about the issue.
Under the proposed bill, firms offering digital currency trading and services would need to apply for a permit with DFPI, a step taken to reduce the risks associated with investing in digital assets.
Industry experts believe that once India concludes its G20 presidency, there will be a global consensus on whether or not to view digital assets as securities or commodities.
The Argentine National Securities Commission's plan to issue new rules stems from a national reform of anti-money laundering laws being deliberated by Argentinian lawmakers.