Regulation – Page 14

European Blockchain Convention 2022: An influential blockchain & crypto event back in Barcelona

1.000+ attendees and 100+ world-class speakers will fly to Barcelona to discuss blockchain, crypto, DeFi, NFTs and Web3 European Blockchain Convention 2022, which will be held on 26-28 June at 5-star hotel Hyatt Regency Barcelona, will welcome 1.000+ attendees at what is the largest edition since the event was launched in 2018. The three-day event will feature more than 100 exceptional industry experts across a variety of panels, keynotes, workshops, and fireside chats. Confirmed speakers include: Daniel Leon (Founder & Chief Strategy...

CFTC Sues Gemini Over Futures Contract Statements

Key Takeaways

The U.S. CFTC has sued Gemini over statements dating back to 2017 that concern its earliest Bitcoin futures contracts. Gemini allegedly gave misleading information about the contract's vulnerability to manipulation and other matters. Gemini says that it will defend itself against the accusations.

Share this article

Gemini, a leading crypto exchange, has been sued by the CFTC over statements regarding its earliest Bitcoin futures contracts.

Lawsuit Concerns Bitcoin Futures Contract

According to the U.S. Commodity Futures Trading Commission (CFTC), Gemini made false or misleading...

Biden Administration To Reduce Crypto Mining Energy Consumption

In a conversation with Bloomberg Law, Costa Samara, principal assistant director for energy for the white house office of science and technology policy, has revealed that the white house is setting up policies to lower cryptocurrency mining energy consumption.

Digital Assets go hand in hand with climate and energy

Following President Joe Biden’s executive order in March pressing federal agencies to ensure the “responsible” mining of digital assets such as cryptocurrency, White House’s Energy team is drafting a report on energy...

Cardano Creator: Some Bitcoin Maximalists Are Trying to Get PoS Cryptoassets Banned

On Thursday (May 26), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about his recent trip to Washington, DC. After meeting various members of the U.S. Congress, he streamed live on his YouTube channel...

Binance Italy Gets Govt Nod, Global Expansion Goes On

Top cryptocurrency exchange Binance on Friday announced that its Italy division received regulatory approval in the European country. Earlier this month, Binance received regulatory nod to function as a Digital Asset Service Provider in another European country, France. On Friday, the leading exchange received regulatory approval in Italy through registration as a Cryptocurrency Service Provider. The registration was obtained with the Organismo Agenti e Mediatori (OAM), complying with the Italian laws on crypto transactions.

Binance Italy Recognition

Binance made the announcement stating, “The registration of...

Tether’s USDT Shakes Off Depeg Scare With Polygon Launch

Key Takeaways

Tether's USDT has launched on Polygon. It comes after USDT's market cap has fallen by $10 billion in response to the collapse of Terra's UST. Regulators worldwide have said that they are paying attention to stablecoins following the Terra incident.

Share this article

The launch comes amid panic in the stablecoin market following the collapse of Terra’s UST.

Tether Stablecoin USDT Heads to Polygon

Despite ongoing concerns in the stablecoin market, Tether is making efforts to expand its presence across the...

Despite The Terra Crash, This Major Bank Is Betting Big On DeFi

The venture capital arm of Thailand’s oldest bank, Siam Commercial, said it is investing in DeFi despite recent weakness in the space. SCB 10X said it deposited an undisclosed amount into Compound Treasury, according to a report by Bloomberg. Compound offers 4% returns on deposits through its institution-grade products. It is the eighth-largest DeFi platform with total value locked (TVL) of $3.19 billion. Compound is also among the few crypto entities with a debt rating. S&P Global Ratings recently rated the platform...

Ripple CEO Meets Prime Minister of Georgia During Davos 2022 Visit

According to a report by news outlet Georgia Online, Ripple CEO Brad Garlinghouse took advantage of this week’s visit to the World Economic Forum (WEF) Annual Meeting in Davos (Switzerland) to meet Irakli Garibashvili, the Prime Minister of Georgia. Per this report, at this meeting, which took place on May 23,...

Ripple CEO on 2017-2018 ICO Boom, NFTs, and Crypto Regulation

On Wednesday (May 25), Ripple CEO Brad Garlinghouse shares his thoughts on a variety of interesting crypto-related topics while being interviewed by CNBC senior technology correspondent Arjun Kharpal at this year’s World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Below, are highlights of Garlinghouse’s comments during this interview. On 2017-2018 ICO...

Former Fed Chair: Bitcoin’s Main Use Case Is ‘To Do Ransomware or Something Like That’

In a recent interview, Dr. Ben S. Bernanke who is “a distinguished senior fellow with the Economic Studies program at the Brookings Institution,” shared his view on cryptocurrencies. According to his Brookings bio,between February 2006 and January 2014, Dr Bernanke was “chairman of the Board of Governors of...