Search Results for: Regis

Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps

The decentralized information markets platform Polymarket was imposed a civil fine of $1.4 million Monday by the United States Commodity Futures Trading Commission (CTFC) due to a failure to obtain a designated contract market (DCM) designation or registration as a swap execution facility(SEF) by providing binary options contracts based on over-the-counter events. Polymarket is a platform that … Continue reading Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps

Belarus President Signs Free Flow Crypto Decree, Wallets to Come Under Central Register

Belarusian President Alexander Lukashenko has signed a decree that will allow the free circulation of cryptocurrencies but crypto wallet addresses will fall under a central register. The Council of Ministers will implement the order within three months of its publication. However, the move will also give the national cryptocurrency regulator Hi-Tech Park (HTP) authority to create a register for … Continue reading Belarus President Signs Free Flow Crypto Decree, Wallets to Come Under Central Register

CVS Pharmacy Files for NFT and Metaverse Trademarks Registration

Healthcare giant CVS Pharmacy has filed for a new trademark to offer Non-Fungible Token (NFT) related products or what it described as “Downloadable Virtual Goods” in the metaverse. Per the filing, prescription drugs, beauty, and personal care products in its application, along with “crypto-collectables” such as NFTs in its application, signalling the company’s desire to … Continue reading CVS Pharmacy Files for NFT and Metaverse Trademarks Registration

FCA Extends Temporary Registration Deadline for Selected Crypto Firms

The U.K.’s Financial Conduct Authority, the regulator of the financial services industry in the United Kingdom, announced Wednesday it has pushed the deadline for registration for some crypto firms in order to give them more time to get complete registration. The regulator has allowed a few firms, including crypto wallet platform Blockchain.com, fintech company Revolut, … Continue reading FCA Extends Temporary Registration Deadline for Selected Crypto Firms

Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US has been sued in a class-action lawsuit for selling unregistered security tokens from the Terra blockchain protocol. The class-action lawsuit was filed in the Northern District of California, dragging the exchange for misleading investors with the sale of LUNA and UST tokens, both of whose collapse led to the loss of over $40 billion … Continue reading Binance.US Sued for Selling Unregistered LUNA Securities

Bangko Sentral ng Pilipinas Warns the Public About Unregistered VASPs

The Central Bank of the Philippines also known as the Bangko Sentral ng Pilipinas (Bangko Sentral) has issued a warning to citizens urging them to stay away from unregulated virtual asset service providers(VASP).  As contained in the published announcement, Bangko Sentral emphasized that virtual assets are a risky asset class with high volatility which in … Continue reading Bangko Sentral ng Pilipinas Warns the Public About Unregistered VASPs

Crypto.Com Wins Registration Approval in France

Crypto.com, a digital asset trading platform headquartered in Singapore, has secured regulatory approval from France’s top financial regulators as a Virtual Asset Service Provider (VASP). The latest move would allow Crypto.com to offer virtual currency and wallet services to retail and institutional investors in France. The approvals came after the Autorité des Marchés Financiers (AMF) … Continue reading Crypto.Com Wins Registration Approval in France

Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler

US Securities and Exchange Commission (SEC) Chairman Gary Gensler said crypto intermediaries should be registered under the SEC. Speaking his testimony at a hearing titled “Oversight of the U.S. Securities and Exchange Commission” on Thursday, Gensler referred to securities laws as the “gold standard” for capital markets. Gensler suggested most crypto tokens are securities, and … Continue reading Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler

Sparkster Settles SEC Charges for Unregistered ICO, Agrees to Pay $35M to ‘Harmed Investors’

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Coinbase Secures Registered VASP from Dutch Central Bank

Nasdaq-listed digital currency trading giant Coinbase Global Inc has announced its official registration as a Virtual Asset Service Provider (VASP) with the Dutch Central Bank (De Nederlandsche Bank — DNB). The exchange is currently listed in the DNB’s register as a crypto service provider and will ply its trade in compliance with all the country’s … Continue reading Coinbase Secures Registered VASP from Dutch Central Bank

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