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Dubai calls for more collaboration between watchdogs to combat scams

0xMain
May 26, 2023

Dubai calls for more collaboration between watchdogs to combat scams The rapid rise of cryptocurrency scams and investment frauds has resulted in staggering global losses, surpassing $100 billion in 2023 alone. In response to this concerning trend, Dubai is leading the charge in...

Dubai calls for more collaboration between watchdogs to combat scams

0xMain
May 26, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai’s Financial Services Authority (FSA) has called for more communication and collaboration between global financial regulators to make it harder for rogue actors to exploit crypto regulatory loopholes across...

Chamber of Digital Commerce calls for Congress to push US crypto regs

0xMain
May 18, 2023

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In a bid to advance America’s position in the digital finance landscape, the Chamber of Digital Commerce is urging the U.S. Congress to expedite the creation of a comprehensive legal framework for cryptocurrencies. In a move aimed at securing America’s place in the...

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UK to ban “cold calls” offering insurance and cryptocurrency

0xMain
May 3, 2023

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The U.K. plans to outlaw “cold calls” offering insurance and crypto to curb fraud. The National Crime Agency says fraud costs the country over £7b ($8.7b) annually. U.K. government stepping in to curb fraud To better its moves towards intelligence-led enforcement, the U.K....

British MP Lisa Cameron calls for cryptocurrency regulation

0xMain
May 2, 2023

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According to British MP Lisa Cameron, she refrains from investing in cryptocurrency to maintain objectivity in legislation, but she still recognizes the need for ongoing regulation. During the Consensus 2023 conference in Texas, Cameron reveals the foundation for her advocacy in cryptocurrency policies. ...

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SEC calls for enhanced scrutiny on crypto assets

0xMain
April 21, 2023

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The U.S. Securities and Exchange Commission (SEC) has urged financial professionals to exercise enhanced scrutiny when recommending high-risk or complex products, including cryptocurrencies or “crypto asset securities.” The SEC has called for financial professionals to adopt “enhanced scrutiny” when suggesting intricate or high-risk...

SEC’s IAC calls for stiffer crypto regulation

0xMain
April 11, 2023

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The investor advisory committee (IAC) of the U.S. securities and exchange commission (SEC) has argued that virtually all cryptocurrencies are securities and as such, the SEC must continue to aggressively regulate the crypto industry. IAC calls for more stringent crypto regulation As the...

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ECB board member McCaul calls for increased crypto regulation

0xMain
April 5, 2023

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Elizabeth McCaul, a member of the supervisory board of the European Central Bank (ECB), has advocated for more regulation of cryptocurrency businesses. According to McCaul, more effort must be put into considering what international coordination will look like and how it may successfully...

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Novogratz calls for liberal crypto regulations, names AI as real threat

0xMain
March 29, 2023

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Mike Novogratz has urged US authorities to take a more liberal approach toward regulating crypto. The Galaxy Digital CEO says the current onslaught on the web3 space, majorly due to Sam Bankman-Fried’s alleged fraudulent practices, is akin to “throwing away the baby with...

Adam Cochran calls Balaji’s $1m bitcoin goal impossible

0xMain
March 21, 2023

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Prominent crypto expert Adam Cochran recently expressed on Twitter his dissatisfaction with the audacious forecast for bitcoin (BTC) by former Coinbase executive Balaji Srinivasan. According to Cochran, renowned for his views on crypto market action, Balaji’s grandiose $1 million estimate for BTC within...