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” Rep. Maxine Waters says all US regulators ‘better get together on crypto’ “ California Representative Maxine Waters, ranking member of the United States House Financial Services Committee, has called for coordination and cooperation between government agencies and lawmakers to address crypto regulation. Speaking to Cointelegraph, Representative Waters suggested that recent enforcement actions on the…
” New Canadian rules for crypto trading platforms leave little room for stablecoins “ The Canadian Securities Administrators (CSA) published a notice on Feb. 22 describing new commitments it expects from crypto asset trading platforms (CTPs) seeking registration in Canada. The CTPs will enter into a new version of preregistration undertakings (PRUs), which are legally…
” Dapper Lab’s NBA Top Shot Moments may qualify as a security, says U.S. judge “ Updated (Feb. 22 at 9:00 pm in UTC): This article has been updated to include Dapper Lab’s comments on the case. NBA Top Shot Moments nonfungible tokens (NFTs) may be considered a security, as it meets the requirements under…
” FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto “ The United States Federal Trade Commission said it had started an investigation of crypto lending firm Voyager Digital parallel to the company’s bankruptcy proceedings. In a Feb. 22 filing in U.S. Bankruptcy Court for the Southern District of New York, the FTC…
” US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO “ The United States Congress needs to take control of crypto legislation to make it a more “open process” where the entire marketplace is looked over “comprehensively,” suggests the chief of the prominent U.S. crypto industry body. In a Feb. 22 Bloomberg interview,…
” SBF lawyers to pay for technical expert to aid judge on bail terms “ Attorneys working on behalf of former FTX CEO Sam Bankman-Fried have agreed to pay for a security expert to assist the federal judge overseeing his fraud case in navigating modern encryption technology to aid in possibly modifying Bankman-Fried’s bail terms….
” Coinbase staking ‘fundamentally different’ to Kraken’s — chief lawyer “ The staking services offered by cryptocurrency exchange Coinbase are “fundamentally different” to what was offered by its peer exchange Kraken — which recently came under fire from the United States securities regulator — according to Coinbase’s head lawyer. Paul Grewal, Coinbase’s chief legal officer,…
” New York state announces another upgrade to its virtual currency monitoring capacity “ The New York State Department of Financial Services (NYDFS) has announced enhancements to its ability to detect illegal activities with virtual currency among the entities its regulates. The new capacities are part of its efforts to keep pace with the industry…
” Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking “ The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two white papers examining on the status of deposit tokens in United States securities and tax law on Feb. 21. The papers were authored by representatives of over…
” Beware of Bing AI chat and ChatGPT pump-and-dump tokens — Watch The Market Report live “ This week on The Market Report, the resident experts at Cointelegraph discuss dozens of pump-and-dump tokens purporting to be related to ChatGPT and Bing AI chat. We will be doing things a little differently this week since our handsome…