SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief Accountant at SEC, cautioned that
Category: Policy & Regulation
France’s privacy watchdog questions Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday. Users have to scan their irises
Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia is following in the footsteps
US Senate’s new bill proposes “unworkable obligations for DeFi”, Crypto Council says
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According to the crypto alliance, the
Brian Armstrong to meet House Democrats about crypto legislation
Key takeaways Coinbase CEO will meet with House Democrats to discuss crypto regulation. Armstrong wants clearer rules on crypto from Washington. Coinbase CEO wants clearer
Judge orders Ripple, SEC to agree to possible settlement dates
US Judge Analisa Torres referred Ripple vs. SEC case to Magistrate Judge Sarah Netburn. Last week’s ruling was that XRP was not a security. The
FSB publishes recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients and measures to ensure no
Katie Haun: SEC “unlikely” to appeal XRP decision
Katie Haun is the founder and CEO of Haun Ventures and also a former US Department of Justice prosecutor. In a tweet on Sunday, Haun
EU regulator opens consultation on first MiCA standards
ESMA has released a consultation paper on MiCA implementation requirements. Industry players are requested to provide feedback by September 20. The EU regulator will present
South Korean companies to disclose crypto holdings from 2024
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is to improve accounting transparency amongst
