ASIC found eToro's target market too broad, and its screening test ineffective in excluding unsuitable customers for CFDs.
Democratic senators including Elizabeth Warren and Bernie Sanders have warned the IRS and the Treasury that new crypto tax rules need to come sooner rather than later.
The Great Depression spurred the New Deal, which included both banking regulations and a basic poverty-reducing safety net. The Great Recession brought about far less after millions lost their homes, but Congress could at least pretend that it passed necessary financial reforms. Nathan Schneider is professor of media studies at the University of Colorado Boulder, where he directs the Media Enterprise Design Lab.
Market sell-offs accelerated into Wednesday's close after Fitch Rating's downgraded the U.S. credit rating. Chinese internet stocks fall after officials propose regulation to curb children's screen usage and time spent online. Hollywood writers and actors' guilds are set to return to the negotiating table with studio executives. Yahoo Finance Live's Akiko Fujita breaks down several of the day's top stories.
Ripple has removed details of its XRP transactions from its quarterly report due to the actions of the U.S. SEC.
Bitcoin price could likely reach a pivotal point in December 2023, when experts predict the likelihood of major regulatory developments.
A US Department of Justice (DOJ) investigation on Binance would surely cause a crypto market crash, but is it really coming?
Prosecutors with the U.S. Justice Department are reportedly considering fines or non-prosecution agreements for Binance in lieu of criminal charges in an effort to reduce the harm to consumers.
Michael Saylor on Bitcoin adoption: The Microstrategy cofounder said BTC is the most certain thing in an economy full of uncertainty.
The Economic Security Bureau of Ukraine reported unrelated local crypto exchanges were responsible for roughly $81 million in lost tax payments from 2013 to 2023.
A look back at last week's congressional markup sessions over crypto regulation.
Kenya has become the first county in the world to suspend Worldcoin's activities within its jurisdiction due to its privacy concerns.
Representative James Comer said in a letter that the US SEC hirings of division heads in long term positions appear to undermine the law.
Delay in implementing the US crypto rules risks billions in federal revenue, and pressure on the Biden administration to speed the process.
Coinbase is expected to report second-quarter earnings today — but it's not just ongoing regulatory battles that are on investors' minds.
India is keen to prioritize global coordination on cryptocurrency rules as head of the G20 group of nations. The world's largest country by …
India uses its G20 presidency to strengthen the development of globally coordinated rules for regulating crypto assets. The international push for clearer policies on crypto assets has gained momentum under the Indian G20 Presidency which began December 2022.
Binance has stated that its website is blockchain in China and that its platform is not accessible to any China-based users.
Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law.
India urges its counterparts to stretch the future regulatory approach to the digital economy beyond the G20 scope.
G20 president India prioritizes unified global crypto standards, aiming for a common roadmap with IMF, FSB, and FATF for financial stability.
New reports state that Binance's board grappled over shutting down US operations amid growing regulatory pressure earlier in 2023
Miami mayor Francis Suarez's presidential campaign received a donation from the CEO of the crypto firm MoonPay, the Miami Herald said on Aug. 1.
GameStop will remove its iOS and Chrome Extension wallets from the market on November 1
Lawyers representing Kyle Davies in court have argued any orders compelling information or his cooperation should be vacated as they were based on him being a U.S. citizen.
Lawyers for FTX debtors agreed to an approved court order allowing Terraform Labs to subpoena information on its digital wallets from 2022 with “no formal objections”.
Could CBDCs promote financial inclusion, or do they present a serious risk to our financial privacy and freedom? We talked to experts to find out.
FTX has published its restructuring plan, which categorizes claimants of its FTX.com and FTX US exchanges and details how bankruptcy compensation will be carried out.
"Binance's future is uncertain," an expert told crypto.news
Binance Japan, set to launch in August fully, aims to list 34 tokens initially, surpassing all domestic rivals
A federal judge disagreed with the Ripple XRP's ruling further muddying the crypto regulation scene.
Nigerian SEC has demanded that Binance immediately stop its services in the country.
Laser Digital Middle East FZE, Nomura's crypto subsidiary based in Dubai, has received operating license approval from the city's regulator.
The U.S. Internal Revenue Service (IRS) published guidance regarding the reporting of cryptocurrency staking income on July 31.
Speaking at the WebX Asia conference in Tokyo, Circle’s Singapore-based vice president of strategy and expansion discusses U.S. regulation, growing pains in the crypto industry and Asia’s burgeoning role as a Web3 innovator.
The United States Internal Revenue Service (IRS) has ruled that profits from crypto staking need to be included as annual gross income for tax purposes.
Coinbase has distanced itself from comments made by its CEO, Brian Armstrong, regarding delistings supposedly requested by securities regulators.
A motion to dismiss the U.S. Securities and Exchange Commission case against cryptocurrency platform Terraform Labs has been rejected, along with a decision made in a recent case between the SEC and Ripple.
The ruling found that crypto "falls far short" of having the significance needed for Congress to review regulation.
Ron DeSantis, currently running for the Republican nomination for U.S. president, said he planned to ensure a digital dollar "goes in the trash can" should he win the 2024 election.
Terraform wants wallet and account information from FTX that it says may prove its argument that short sellers caused the Terra/Luna crash.
