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erasmoporathjsh26

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cftc generic 1
18 Jan 23

CFTC exec demands better guidance for crypto in 2023

Caroline Pham, the CFTC commissioner, increased calls for regulators to create streamlined standards for managing cryptocurrencies in 2023.  Speaking to Bloomberg, the commissioner revealed that key players within and outside the United States are discussing the possibility of regulating crypto. According to Pham, she already attended over 75 meetings regarding modalities of crypto regulations and […]
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Top five CeFi in India
18 Jan 23

Indian crypto industry calls for tax cuts amid investors’ exodus

India’s local crypto institutions have collectively demanded tax reliefs on crypto investments as investors flocked to foreign exchanges following the unfavorable tax policies imposed on digital asset investments. The local industry is calling on authorities to reduce the TDS rate from the current 1% to 0.1%-0.001% and allow loss offsets. Indian investors flock to international […]
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sec generic 1
18 Jan 23

SEC leaks crypto miner’s personal data investigating purchases history

The US Securities and Exchanges Commission has reportedly leaked personal information belonging to blockchain firm Green. SEC was investigating the startup’s purchase history. SEC suspected of violating federal policy As per a Washington Examiner news update, the SEC unintentionally released a series of personal data belonging to Green, a blockchain-based company. According to the report, […]
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Legislation Regulation generic 3 1
17 Jan 23

CoinDesk may be in deep trouble after NYT report

On Jan 16th, 2023, The New York Times reported that CoinDesk, the company that broke the news that led to FTX filing for bankruptcy, is also in trouble. Operations and the financial standing of several of its parent company subsidiaries are under scrutiny.  CoinDesk parent company faces federal investigation The CoinDesk parent company, Digital Currency […]
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Japans 1 Trillion Crypto Market May Ease Onerous Listing Rules
17 Jan 23

Japan calls for treating crypto like traditional banks 

While advocating for more regulations for the crypto sector in Japan, the Japanese financial regulators have also called to regulate cryptocurrency in the same manner as banking.  Mamoru Yanase, the deputy director-general of the Strategy Development and Management Bureau of the Financial Services Agency, believes that effective regulation should not only be applied to traditional finance […]
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European Union
17 Jan 23

EU finance ministers’ group state political aspects of digital euro

The Eurogroup reaffirmed its support for digital euro research but underlined that some of the design and application features under consideration would necessitate political decisions. Following a meeting in Brussels, the eurozone finance ministers issued a statement on the launch of the digital euro. According to the report, Eurogroup meets regularly to examine the political […]
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Court Law generic 2 1
16 Jan 23

deVere CEO says WEF must focus on crypto rules

The CEO of the financial management company deVere Group, Nigel Green, has cautioned that the World Economic Forum (WEF), a major worldwide lobbying organization, will probably fail if it does not concentrate on regulating cryptocurrencies. Nigel Green asserts that the World Economic Forum will “spectacularly fail” if the agenda item for the Davos summit in […]
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1671595098 FTX generic 2
13 Jan 23

Sam Bankman-Fried may be innocent says Bill Ackman

Sam Bankman-Fried has been standing with his claims that he never spent user funds at FTX. Billionaire Bill Ackman has hypothesized how Bankman-Fried could be telling the truth. However, the crypto community isn’t buying it. Bankman-Fried claims about customer funds Bankman Fried filed for bankruptcy in November 2022 following FTX’s lack of enough liquidity to satisfy […]
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