Coinbase seeks extended feedback deadline to FinCEN’s new crypto rules

Coinbase says that a 15-day notice-and-comment period for FinCEN’s new crypto rules is not enough. Coinbase, one of the largest cryptocurrency exchanges in the United States, is advocating extension for the industry’s feedback deadline to newly proposed crypto rules by the Treasury’s Financial Crimes Enforcement Network, or FinCEN. In a Dec. 21 blog post, Coinbase’s […]

Continue Reading

Indian crypto exchange CoinDCX raises $14M in its third round in 2020

Including the millions it collected in previous rounds, the company has raised approximately $19.4M. CoinDCX, the largest cryptocurrency exchange in India, continues to aggressively expand its business with a massive new fundraise. According to a Dec. 21 announcement, CoinDCX has raised $13.9 million from industry investors like Coinbase and Polychain in its Series B funding round. […]

Continue Reading

US Senator-elect rails against potential crypto wallet ruling

Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator. As per recent rumors, United States Secretary of the Treasury, Steven Mnuchin, could drop a stringent piece of crypto-related legislation before his expected exit at 2020’s end. The ruling could potentially severely limit or ban self-custodied digital […]

Continue Reading

Crypto regulation now more institution-friendly, METACO head explains

Future crypto guidelines remain uncertain, however. Regulatory activity has surfaced on many levels in crypto this year. Government agencies have provided clarity and executed enforcement and discussed new actions. Such regulation has widely impacted the industry, in part affecting big players entering the sector, according to METACO’s vice-president of sales and business development, Seamus Donoghue. “Regulatory barriers […]

Continue Reading

UK FCA establishes temporary crypto registration regime due to backlog

Regulatory body buys itself a further six months to process submitted applications. The United Kingdom’s Financial Conduct Authority has issued temporary registrations to crypto asset companies which have already submitted applications but not yet been processed. According to a Dec. 16 announcement, this will allow the companies to continue trading for an extended period until […]

Continue Reading
Page 2 of 72
1 2 3 4 5 6 7 72