EU Commission Wants to ‘De-Anonymize’ Bitcoin This June
The EU Commission wants to tighten regulation of prepaid cards and virtual currencies (VC), according to Reuters. In response to the recent terrorist attack in Europe, the Commission intends to clampdown on anonymous transactions that may help fund such activities, promising to present its proposal by the end of June. Since the attacks on Paris digital....
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The European Council, a body within the European Union composed of heads of state as well as the president of the confederation's executive branch, will propose rules for digital currency exchanges and wallet providers in the region by June, according to statements today following a meeting in Brussels. The news comes on the heels of a move by the European Commission to set the stage for stricter oversight of exchanges and wallet service providers. On 2nd February, the Commission said that it seeks “to help identify the users who trade in virtual currencies”, as well as end “the anonymity....
The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in June. In a Tuesday announcement, Lee said that she will remain in the role until her successor has been confirmed. The SEC commissioner has spent less than three years at her current position, having been sworn in in 2019 to serve out the remainder of a five-year term expiring in June.With her departure, Lee,....
The commission said it was "appropriate to designate a longer period" for the proposed Bitcoin ETF. The United States Securities and Exchange Commission has extended the original 45-day window to approve a Bitcoin (BTC) exchange-traded fund, or ETF, from asset manager VanEck.According to a filing from SEC on Wednesday, the regulatory body will push the deadline for approving or disapproving VanEck’s Bitcoin ETF from May 3 to June 17, an additional 45 days. “The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so....
The U.S. Securities and Exchange Commission (SEC) today issued an order disapproving the proposed rule change to list and trade Coin ETF on the Bats BZX Exchange. This is the first Bitcoin ETF which the SEC has ruled on. Two other Bitcoin ETFs are also being considered by the Commission. The Decision. The SEC has just published an “Order Disapproving a....
The commission could be performing routine check-ups on the exchange in question, or it could be looking for specific compliance violations to litigate against. The Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading.FOX Business reported on June 15 that a person with direct knowledge of the SEC’s activities said that the commission had sent a letter to a major crypto exchange requesting information about how the platform protects users from insider trading. The source believes the same letter has....