regulator

Court Postpones TON Hearing Till February, Impatient Investors May Get 77% Back

</header> <strong>The New York court reviewing Telegram’s contested coin offering in the U.S. has postponed a scheduled hearing on the case</strong><strong> till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens. Investors who don’t want to wait for the launch of the blockchain project can …

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Telegram Awaits Court Hearing on SEC Case Against Its Token Sale

</header> <strong>Telegram, the most popular messenger in the crypto community, is facing challenges surrounding the launch of its TON blockchain. Following an intervention by the U.S. securities regulator, a court hearing on the sale of the native gram tokens is scheduled to take place a week before </strong><strong>the network was expected to go live. </strong> …

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UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets

<header class=”article__header”> </header> <strong>The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML regulations to the publication of open source and zero-knowledge software.</strong> Also Read: McAfee …

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SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale

</header> <strong>The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/EOS” target=”_blank” rel=”noopener noreferrer”>EOS</a>’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify investors who suffered damages. </strong> …

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US Regulator Plans to Outsource Running Cryptocurrency Nodes

<header class=”article__header”> </header> <strong>A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin Core (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>), Ripple (<a …

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VPN Providers Defy Order to Connect to Russia’s Internet Censor

</header> <strong>Russian regulators have once again moved to expand oversight of the online space in an attempt to ensure compliance with various restrictions Moscow is trying to impose. But as in other cases, their efforts have been met with resistance. Over a dozen VPN platforms, popular among crypto enthusiasts and other privacy-conscious users, have refused …

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Japan Advances New Crypto Bill, Regulator Explains

<header class=”article__header”> </header> <strong>Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News.Bitcoin.com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Japan’s New …

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Russian Prosecutors Fail to Block Crypto Website

</header> <strong>A court case in Russia has signaled a change in the attitude authorities have towards the cryptocurrency space, at least on first glance. An online portal helping traders find the best exchange options for their digital assets will be allowed to restore normal operations. That’s after prosecutors gave up their efforts to block the …

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Québec Allocates 300 MW Energy Quota for Crypto Mining

</header> <strong>Québec, the resource-rich Canadian province, has made up its mind about cryptocurrency mining. Régie de l’énergie, the region’s energy regulator, has rendered its decision on the blockchain sector and lifted the moratorium on electricity supplies. An additional 300</strong> <strong>MW of energy will be allocated to power the minting of digital coins, a move that …

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France Adopts New Cryptocurrency Regulation

<header class=”article__header”> </header> <strong>The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets.</strong> Also read: Indian Supreme Court Postpones Crypto Case at …

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