The OCC’s acting head is pushing against the Consumer Financial Protection Bureau’s intention to charter non-depository fintech firms. Photo: Cointelegraph Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency and former chief legal officer to Coinbase, has warned again

Photo: Coindesk The U.K. financial regulator Financial Conduct Authority (FCA) ban on the sale of derivatives and exchange-traded notes (ETNs) passed in October went into effect Wednesday. The FCA has said it considers the products to be ill-suited for retail consumers due to the potential harm they

Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation. Photo: Cointelegraph Major U.S crypto firms are rallying against FinCEN’s proposed regulations that would force businesses operating

A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear. Photo: Cointelegraph A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly

Photo: Coindesk The U.S. Treasury Department’s proposed rules which would require users to comply with KYC requirements if they seek to send their crypto to a private wallet could end up being ineffective, according to blockchain analytics firm Elliptic. In its published response to the rule,

Photo: Cointelegraph The SEC’s case against Ripple for selling XRP as unlicensed security will begin with a pretrial in Feb 2021. The United States District Court of the Southern District of New York has fixed Feb 22, 2021, as the date for the pretrial of the lawsuit filed by the Securities and Exch

Photo: Coindesk In a notice filed by the Securities and Exchange Commission Monday, the U.S. regulator declined to approve a rule change for tZero-backed BOX Exchange Inc., which intended to offer blockchain-based stock trade reporting. The proposal intended to have a National Market System (NMS) st

Photo: Coindesk The German government cabinet passed new legislation on Wednesday allowing all-electronic securities to be recorded using blockchain technology. The new law does away with the previous requirement for a paper-based certificate and comes as part of the nation's blockchain strate

Photo: FM Chicago-based crypto exchange ErisX has become the latest digital asset platform to provide its spot market data to TradeBlock, a provider of enterprise data tools for blockchain assets. TradeBlock provides a platform for cryptocurrency market data, trading capabilities, and price indices.

Photo: Rawf8 / Fotolia The US Department of the Treasury announced on Monday that finance ministers and central bank officials from G7 countries backed crypto regulations. The attendees discussed the recent developments regarding CBDCs and privately-owned digital currencies. The US Treasury Secretar

Photo: Coindesk Abra is expanding its cryptocurrency marketplace to dozens more countries through partnerships with four fiat-to-crypto gateways. The Silicon Valley-based crypto banking services firm is now available in over 150 countries (previously it only served about 40) stemming from deals with

Photo: Bloomberg A group of Singaporean government agencies is reportedly getting ready to launch a new research program focusing on blockchain technologies. The initiative, called the Singapore Blockchain Innovation Programme (SBIP), is set to receive SGD$12 million (~US$8.9 million) from the Natio

Photo: iStock Blockchain intelligence platform Chainalysis has onboarded new clients from Japan, after having signed system integrators Hitachi and SB C&S. The cryptocurrency crimefighter says the new partnerships arrive as prospects for its products in Asia are looking promising. Chainalysis re

Photo: Bloomberg Hong Kong Monetary Authority (HKMA) has initiated talks with the People’s Bank of China’s Digital Currency Institute to test digital yuan in the autonomous administrative region, HKMA CEO Eddie Yue revealed. The two counterparties are trying to figure out the technical feasibility o

Photo: FM Hong Kong-based Genesis Block Ventures (GBV), a subsidiary of crypto over-the-counter (OTC) trading firm, has acquired OMG Network, a Layer-2 Ethereum scaling solution. Announced on Thursday, the new owner of OMG Network is planning to accelerate the growth of the blockchain network and in