FDIC urges banks to police misleading crypto claims on deposit insurance A US banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds will be insured by the government in case of collapse, and which have no safety net. The Federal Deposit Insurance Corporation… Read More »
Senate bill would hand bitcoin, ether oversight to commodities regulator A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The measure, introduced by the top Democrat and Republican on the Senate Agriculture Committee, would give the derivatives regulator exclusive jurisdiction over… Read More »
The new rules will become effective from September 3, SEBI said. New Delhi: Sebi has amended mutual fund rules to remove the applicability of the definition of “associate” to sponsors that invest in various companies on behalf of the beneficiaries of insurance policies. The new rules will become effective from September 3, the Securities and… Read More »