Category: Regulation
-
Treasury Secretary Yellen Convenes Unscheduled FSOC Meeting!
•
U.S. Treasury Secretary Janet Yellen will chair a closed-door meeting of the Financial Stability Oversight Council (FSOC) on Friday, media reports said, citing a statement from the department.
-
New Hope For XRP: Will Ripple Win Against The SEC?!
•
Since the end of December 2020, the SEC has been at loggerheads with Ripple. The legal dispute drags on and weighs on the cryptocurrency XRP. Is the decisive help for Ripple coming now?
-
SEC Increases Pressure On Crypto: Coinbase And Tron On Its Compliance Radar!
•
The U.S. increased pressure on the crypto industry this week. Regulators sued Tron founder Justin Sun and several of his prominent supporters. Moreover, the warned crypto exchange Coinbase that it might take enforcement actions.
-
Will The SEC Soon Control Ethereum?
•
Is the Ethereum Blockchain a platform on which cryptos are created and traded that qualify as securities? According to Gary Gensler, Chair of the U.S. SEC, the answer to this question is YES. The discussion about this is not new, but after the difficult crypto year 2022 with the collapse…
-
Bafin Chief Sees No Risk Of Contagion From U.S. Bankruptcy Turmoil!
•
The German Federal Financial Supervisory Authority (Bafin) is not very concerned about the bank failures in the U.S. for the German financial market.
-
Regulators Fight Against The Sudden Death Of Startup-Friendly Banks!
•
It was a blow to the heart of the startup industry wit the potential to destroy thousands of startups and hundreds of VC funds: The sudden death of Silicon Valley Bank (SVB) and Signature Bank has sent shockwaves through the startup industry not just in the U.S., but around the…
-
Italy’s Central Bank Chief Is Pissed Off At His Chatty ECB Colleagues!
•
Italy’s central bank chief Ignazio Visco criticizes interest rate comments by his colleagues on the ECB’s possible further tightening course after March. He openly criticized his hawkish colleagues for making statements when officials had agreed not to give such guidance.
-
Financial Regulator BaFin Investigates Decentralized Crypto Project Uniswap!
•
A few days ago, the decentralized crypto exchange Uniswap launched its wallet. But there are teething problems: First, Apple did not approve the app, and now trouble with the German financial regulator is looming.
-
Post From The Regulator: FinTechs On Bafin’s Radar!
•
BaFin is likely to monitor FinTechs more closely after the debasement in the Wirecard case. That certainly can’t hurt. Check 24’s C24 Bank and Solaris have recently received unpleasant notices from financial regulators.
-
Bafin Puts Solarisbank On An Even Tighter Leash!
•
The German fintech Solarisbank is booming and growing, or so it seems. However, so do the fintech’s regulatory issues. Therefore, German regulator BaFin is now reviewing whether the institute is allowed to accept certain new customers.