Tether CEO Claims Competitors Seek to Stop USDT
TL;DR Tether CEO Paolo Ardoino has sounded the alarm over what he describes as a deliberate attempt by competitors to hinder USDT’s growth through legal...
Regulation
News about Regulation
Cryptocurrencies and blockchain technology are relatively new to everyone. That is why many countries are still adjusting to this new world and starting to establish laws and regulations about it.
To avoid problems and penalties, and to take advantage of all the opportunities, you should be aware of everything about cryptocurrency regulations.
In this section of The Cryptocurrency Post you will find all the news you need to stay up to date.
Kraken Delivers Data to the FBI and SEC
TL;DR In 2024, Kraken received 6,826 information requests from government agencies and regulators, a 39% increase compared to the previous year. The FBI was the...
Montana Approves Crypto Reserve Bill
TL;DR The Montana House of Representatives approved Bill HB 429 with a 12-8 vote, promoting the use of Bitcoin and other digital assets as state...
The Siege on Prediction Markets: The CFTC Wants More Regulation
TL;DR The CFTC reopens the debate on prediction markets and will hold a roundtable to discuss new regulations, potentially affecting platforms like Kalshi and Polymarket....
US Revokes Sanctions Against Tornado Cash: A Milestone for Privacy Technologies in CryptoÂ
TL;DR A Texas court overturns Treasury Department sanctions against Tornado Cash, paving the way for more favorable regulations for privacy technologies. The initial sanctions accused...
SEC’s Overreach: Immutable Faces Wells Notice Amidst Regulatory Chaos
TL;DR Immutable, a blockchain gaming platform, received a Wells Notice from the SEC, alleging its IMX token listing might constitute securities violations, sparking controversy and...
ByBit Exits French Market Amidst Growing Regulatory Pressures
TL;DR ByBit leaves the French market due to regulatory pressures, highlighting the tension between decentralization and state regulation. Starting August 2, users in France will...
Crucial Vote in the U.S. on Crypto Regulation
TL;DR The U.S. House of Representatives will vote on the SAB 121 bill between July 9 and 10, 2024, crucial for crypto regulation. SAB 121...
Elizabeth Warren Renews Call for Cryptocurrency Regulation in the US
TL;DR Warren urges cryptocurrencies to comply with conventional financial regulations. Proposes law against money laundering in the cryptographic field. Project faces obstacles in the US...
Cryptocurrencies Under Scrutiny: Yellen Calls on Congress to Regulate Stablecoins
TL;DR Yellen highlights cryptocurrency risks in testimony before Congress. FSOC monitors financial concerns, including crypto assets. Yellen urges regulation to address stablecoin and cryptoasset risks....