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Argentine regulators said they had no right to intervene to resolve the dispute because the sale of Libra was beyond their jurisdiction. Argentina's National Securities Commission (CNV) "has so far chosen not to intervene" in the LIBRA incident "because the current regulatory framework does not cover token advertising on decentralized platforms".
The Norwegian National Agency for Investigation and Prosecution of Economic and Environmental Crimes (Ökokrim) on Monday charged four men with defrauding 963 million Norwegian kroner (approximately $86.5 million) through a fake investment scheme between 2015 and 2018. The scam ring lured investors with cryptocurrencies such as OctaCoin, NanoCoin, Ormeus Coin, promising high returns but not making any real investments. Victims were spread across Sweden, Belgium, the Netherlands, and China, and t...
The European Securities and Markets Authority (ESMA) has published an exposure draft for public comment on guidelines for the assessment of staff competencies of crypto asset service providers. The guidelines aim to implement the requirements of the Crypto Asset Market Regulation Act (MiCA). According to the proposal, practitioners need to have expertise in key characteristics of cryptoassets, market operations, blockchain technology, and understand the regulatory framework and tax implications....
Gold Ten Futures, February 14, Australia's Pilbara Port Authority said it had reopened Dampier Port and Varanus Island Port on the afternoon of February 14, after the port was closed due to Tropical Cyclone Zelia. Pilbara Port Authority said it had carried out inspections of navigation aids, waterways and berths and "confirmed that operations can safely resume". Port Hedland remained closed as the Australian Meteorological Bureau expects strong winds at the port to abate on the evening of Februa...
South Korea's Financial Services Supervisory Authority (FSS) plans to implement new measures aimed at preventing wild price swings of cryptocurrencies after they are listed on exchanges. The decision was made after observing significant price swings for the Movement (MOVE) token, which went live in December. South Korea's Financial Services Supervisory Authority (FSS), in collaboration with crypto exchanges, the Digital Asset Exchange Alliance (DAXA), and outside experts, has set up a special pr...
Federal Aviation Administration (FAA): A Bombardier regional aircraft of PSA Airlines collided mid-air with a Sikorsky H-60 helicopter as it approached the runway at Reagan Washington National Airport.
According to FinanceFeeds, the European Securities and Markets Authority (ESMA) has given cryptocurrency companies until March 31 to comply with the new European Union stablecoin rules. The regulation is part of the broader Crypto Asset Markets (MiCA) framework and requires companies to restrict or remove stablecoins that do not meet the standards. MiCA's stablecoin regulations take effect from mid-2024, but ESMA now wants businesses to complete the changes by the end of Quarter 1. Until then, t...
According to the official website of the United Arab Emirates Securities and Commodities Authority (SCA), the SCA has released the draft regulation of securities and commodity tokens and invited the public to provide feedback by February 14, 2025. According to the draft, security tokens include equity tokens, bond tokens, Islamic bond tokens, and commodity tokens include gold tokens, oil tokens, etc. These tokens are all built on the blockchain/DLT platform and can be traded on the virtual asset...
The European Securities and Markets Authority (ESMA) said in a statement that the regulator has asked the 27 member states of the European Union to ensure that crypto asset service providers (CASPs) comply with its stablecoin rules "no later than the end of Quarter 1, 2025." ESMA said: "In practice, this means that CASP, which operates a crypto asset trading platform, is expected to stop trading all crypto assets that meet the conditions of ART and EMT but the issuer is not authorized in the Eur...
According to Veronika Rinecker, the European Securities and Markets Authority (ESMA) has ordered crypto asset service providers (CASPs) to remove stablecoins that are not compliant with the Crypto Asset Markets Regulation (MiCA). Although ESMA did not specify which non-compliant issuers or stablecoins should be restricted, the move follows the European Union Commission's July 2024 guidance aimed at clarifying how the MiCA applies to crypto asset services involving non-compliant stablecoins. Befo...
