The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.
“Crushing Sam in this way is unnecessary,” said lawyers for the former FTX CEO.
“They don’t know what my crypto views are because they never asked,” said Katie Porter following her defeat in a primary for California’s Senate race.
The International Monetary Fund also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.
This regulatory framework for stablecoins results from a joint collaboration between the European Banking Authority and the European Securities and Markets Authority.
The cryptocurrency exchange filed an objection to the fine, but went on to register and continue operating in The Netherlands.
Fussy changes in the scope of registrations will simplify supervision, fight crime and change the way crypto firms are regulated.
The U.S. Attorney’s Office says this is one of the first times the U.S. has recovered USDT from an unhosted digital currency wallet.
A deposition from Binance.US’ chief operating officer claims the SEC’s suit last year caused banks to pull support from the exchange, “effectively choking the business.”
SEC-registered broker Prometheum could force the agency to decide if Ether is a security and CFTC chair Rostin Behnam says that could lead to conflicting rules.