Industry
French Financial Markets Ombudsman Reports Surge in Crypto-Related Mediations
Progress has its downsides, as the Autorité des marchés financiers (AMF), the non-governmental body that regulates the French stock market, has noticed. According to the AMF Ombudsman, digital asset-related mediations will increase dramatically in 2022, as will the number of registered digital asset service providers (DASPs).Hallie GillBakkt Follows Robinhood, eToro in Delisting Major Altcoins
New York-based derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developments in the United States. According to The Wealth Report, Solana's deal, Polygon and Cardano have been suspended.Jerry McNeillBinance under investigation in France from February 2022
The legal troubles at Binance, the world's leading cryptocurrency exchange, continue to mount, a new report suggests that the exchange has been under investigation in France since early 2022.Sherry CantwellSEC Opposes Dentons Motion to Dismiss Terraform and Do Kwon Lawsuits
Attorneys representing the US Securities and Exchange Commission (SEC) have argued that supplemental documents filed by Dentons, the law firm representing Terraform Labs and Do Kwon, in support of its motion to dismiss lack sufficient support to dismiss the case.James DeanHong Kong and US aim for stablecoin regulations by 2024
The Hong Kong Monetary Authority (HKMA) has completed a public consultation on stablecoin regulation, with the goal of introducing clear regulatory guidelines for the stablecoin market by the end of 2024.Jerry McNeillSEC lawsuit sheds light on Coinbase's management
The US Securities and Exchange Commission's June 6 lawsuit against Coinbase Global has raised questions about the crypto exchange's approach to managing the ongoing crypto crackdown.Sherry CantwellSEC Concerned About 'Ethereum Is Not a Security' Statement
Newly released documents show redactions of a 2018 speech by Bill Hinman, the former director of the SEC's division of corporate finance, suggesting editors fear his statements could undermine the idea of Ether is a kind of security.James DeanBitstamp Now Included in FCA's List of Registered Crypto Firms
British cryptocurrency exchange Bitstamp has joined the list of companies registered with the country's Financial Conduct Authority.Barry StidhamIrish data watchdog blocks Google's launch of Bard in EU
Ireland's Data Protection Commission (DPC) has reportedly blocked Google's launch of generative artificial intelligence (AI) service Bard in the EU due to privacy concerns.Christopher SmithUS lawmakers cite SEC lawsuit as they consider cryptocurrency regulatory framework
Members of the US House of Representatives Financial Services Committee met to discuss clarity on the digital asset ecosystem, with some members citing recent legal action by the US Securities and Exchange Commission (SEC) against crypto firms.Cornell RachelAnnual inflation rises 4% in May, lowest in 2 years
The US Labor Department reported on Tuesday that inflation fell to its slowest annual rate in more than two years in May, potentially reducing pressure on the Federal Reserve to keep raising interest rates.Martha GrizzardFed meeting, June 14, 2023: Indexes mixed after FOMC hints at future rate hikes
The Federal Reserve decided on Wednesday not to raise interest rates for the 11th time in a row as it weighed the impact of the previous 10 hikes.Wayne IngramUK to get 'early or priority access' to AI models from Google and OpenAI
UK Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI, and Anthropic, three technology companies widely regarded as global industry leaders in generative artificial intelligence (AI) technology, have agreed to provide the UK with early access to their AI models.Jerry McNeillSolana Foundation says SOL is not a security
Solana Foundation Addresses SEC Classification of Its Native Token Solana for the First Time on Twitter, as a guarantee.Christopher SmithUS to find 'right outcome' for cryptocurrencies
Brian Armstrong, CEO of cryptocurrency exchange Coinbase, emphasized that regulating crypto is not “rocket science” and believes the US will achieve regulatory clarity, “even if it takes a while.”Martha GrizzardAnkr-Microsoft Collaboration Continues, Blockchain Creator Tools Debut
On June 8, decentralized blockchain infrastructure provider Ankr announced the launch of its enterprise blockchain creation tool on Microsoft's Azure Marketplace.Hallie GillBinance may have lied to US lawmakers, senator argues
Binance may have misled US lawmakers about its business dealings and ties to local authorities in a letter sent in March, Bloomberg reported on June 8.Barry StidhamEOS 5th Birthday, Celebrating Community Rebuilding Efforts
Celebrating the 5th anniversary of the EOS network, the team behind the protocol highlighted the importance of the community as it reviewed the many challenges the protocol had to face in order to restore scalability.Jerry McNeillEU Begins Countdown to Crypto Legislation, Adds MiCA to Official Journal
On June 9, the EU's Market in Crypto Assets (MiCA) legislation was published in the Official Journal of the European Union (OJEU).Barry StidhamEU Uses Blockchain for Educational and Professional Credential Verification
The European Commission has embarked on the implementation of cross-border validation of educational and professional credentials.Wayne Ingram
