NYAG Sues KuCoin for Unlawful Sales of Securities and Commodities
KuCoin is accused of violating New York law by selling unregistered securities in the form of KuCoin Earn, its lending and staking product....
Crypto 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.
The FED Has Plans to Tackle Concerns Regarding Unregulated Stablecoins
by Afroz Ahmad
As per the recent development, the FED is geared up to deploy a team of experts to keep checks on developments in the crypto space....
US President Biden Aim to Impose Wash Sale Rule on Crypto
by Afroz Ahmad
The US President, Joe Biden has issued a stiff budget proposal. As expected, the 2024 fiscal year’s budget proposal impacts crypto investors and traders as...
JPMorgan Severs Ties With Gemini as a Banking Partner
by Jai Hamid
JPMorgan is reportedly severing ties with cryptocurrency exchange Gemini, owned by the Winklevoss twins, according to a report from CoinDesk which cited an anonymous source....
IMF Reveals Crypto Action Plan, Advises Against Crypto’s Legal Tender Status
by Afroz Ahmad
In a recent development, the IMF has come forward with a nine-point action plan that specifies how countries should treat cryptocurrencies. The action plan advises...
SEC Investigates Violations of Investor-Protection Laws in Stablecoin Issuance
by Jai Hamid
According to recent reports, the Securities and Exchange Commission (SEC) is looking into the possibility of investor protection rules being broken by stablecoins. Stablecoins are...
Coinbase and IEX to Create Federally-Backed Exchange
by Jai Hamid
Coinbase, a publicly traded cryptocurrency exchange, is reportedly in talks with IEX, a stock exchange, to create a federally approved digital asset marketplace, according to...
Paxos Will Stop Issuing Binance USD – Report
by Afroz Ahmad
In a recent development, Paxos has been ordered to halt the issuance of the stablecoin, Binance USD (BUSD). It is reported that the SEC is...
SEC Launches an Investigation Against Kraken Over Securities Violation
by Afroz Ahmad
The SEC continues to tighten its grip around crypto firms, as it has now targeted a San-Francisco based crypto exchange, Kraken, for violating securities laws....
SEC Targets Cryptocurrency Staking in the U.S.
by Afroz Ahmad
The CEO and co-founder of Coinbase, Brian Armstrong, took it to Twitter and expressed his concerns over US regulators and the SEC coming after crypto...