# Сопутствующие статьи по теме Compliance

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Compliance", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Discourse Power, Internalization, Positive Externalities: Understanding Binance's Triple Dilemma and 'Original Sin'

An article titled "Discourse Power, Internalization, Positive Externalities: Understanding Binance's Triple Dilemma and 'Original Sin'" critiques Binance's dominant role in the crypto industry. It argues that Binance's near-monopoly on "discourse power" allows it to dictate which projects succeed, stifling genuine innovation as builders and VCs focus on pleasing its listing committee rather than users. This leads to a "blackout" effect, hindering organic growth. Furthermore, Binance's strategy is described as extreme "internalization." Its Launchpad model, featuring high Fully Diluted Valuations (FDV) and low circulation, functions like an internal capital vacuum. This, along with activities on BNB Chain, turns the market into a "slaughterhouse" where insiders profit while retail investors lose, preventing mass adoption and consuming user trust. Finally, the article highlights Binance's lack of "positive externalities." Unlike competitors like Coinbase (contributing to compliance and ETFs) or the Ethereum Foundation (advancing core technology), Binance's actions are seen as self-serving. Its focus on memes and a closed "walled garden" ecosystem, instead of fostering real innovation or open infrastructure, fails to benefit the broader industry. As the industry leader, this perceived lack of responsibility and担当 (dāndāng, bearing responsibility) creates a "virtue-position mismatch," making it a target of criticism. The solution isn't PR but ceding discourse power to the community and channeling liquidity to support genuine technological progress.

marsbit01/30 04:45

Regulatory Clarity for Tokenized Securities: Which Hot Projects Won't Pass the SEC's Scrutiny?

The U.S. SEC has issued new guidance clarifying the regulatory treatment of tokenized securities, emphasizing that the use of blockchain does not change the fundamental nature of securities obligations. The guidance distinguishes between two main types of tokenized securities: those led by the issuer (where blockchain is used as a technical upgrade to record ownership registry, without altering rights or regulatory requirements) and those created by third parties (which may not confer direct ownership rights and introduce additional risks such as custody or counterparty risk). The SEC stresses that regardless of the technology used, any asset that meets the definition of a security or derivative remains subject to existing federal securities laws. This move aims to address market confusion, particularly around unauthorized “tokenized stocks” that mimic equity without issuer involvement—such as certain products offered by platforms like Robinhood in Europe or third-party claims of tokenized equity in companies like OpenAI. In contrast, compliant initiatives—such as those by Kraken, NYSE, or DTCC—focus on integrating tokenization within existing regulatory frameworks, ensuring issuer participation and clear accountability. The guidance reinforces that tokenization is not a shortcut to bypass securities laws but must align with legal and economic substance.

Odaily星球日报01/30 03:36

Regulatory Clarity for Tokenized Securities: Which Hot Projects Won't Pass the SEC's Scrutiny?

Odaily星球日报01/30 03:36

Crypto Exemption Fails to Take Effect in January! SEC Slams the Brakes, Wall Street in Uproar

The U.S. SEC's planned January implementation of a broad regulatory exemption for tokenized securities and DeFi projects has been delayed following strong opposition from Wall Street institutions. In a closed-door meeting, major financial entities including JPMorgan, Citadel, and SIFMA argued against creating a separate regulatory framework for crypto assets. They advocated for applying existing federal securities laws under a "same business, same rules" principle, warning that broad exemptions could undermine investor protection and introduce systemic risks, citing past market failures as examples. Concurrently, the SEC released guidance clarifying that tokenization does not change the applicability of securities laws. It categorized tokenized securities into two types: issuer-sponsored (subject to traditional registration) and third-party sponsored (including custodial and synthetic models, the latter potentially falling under swap regulations). The SEC emphasized that regulatory treatment depends on economic substance, not technology, and expressed openness to working with innovators within the existing legal framework. This move aims to reduce regulatory arbitrage and pave the way for more traditional institutional participation in tokenized assets.

marsbit01/30 02:05

Crypto Exemption Fails to Take Effect in January! SEC Slams the Brakes, Wall Street in Uproar

marsbit01/30 02:05

SEC and CFTC signal execution phase for crypto regulation at harmonization meeting

US financial regulators, the SEC and CFTC, have announced a shift from coordination to execution in crypto regulation. At a harmonization meeting, officials outlined plans to advance joint rulemaking using existing authority, without waiting for final legislation from Congress. A key initiative, "Project Crypto," aims to create a shared taxonomy for crypto assets, clarify jurisdictional boundaries, and reduce regulatory duplication and uncertainty. The CFTC stated that most crypto assets are not securities, marking a departure from past ambiguity. Planned rulemaking covers tokenized collateral, onshore crypto perpetual derivatives, retail leveraged trading, and treatment of software in DeFi. The goal is to provide regulatory clarity and reduce friction while maintaining market integrity.

ambcrypto01/29 20:04

SEC and CFTC signal execution phase for crypto regulation at harmonization meeting

ambcrypto01/29 20:04

South Korea Approves Sweeping New Crypto Licensing Rules

South Korea has implemented comprehensive new licensing regulations for the crypto industry, shifting from fragmented oversight to a unified regulatory approach. The framework requires crypto companies, including exchanges and custodians, to obtain licenses, meet stringent standards for custody, risk management, and anti-money laundering, and adhere to stricter reporting rules. The government prioritizes investor protection through enhanced asset segregation, disclosure practices, and cybersecurity, while aiming to balance innovation with consumer safeguards. This move aligns with global trends, potentially attracting institutional investors and encouraging industry consolidation. Regulators will now focus on implementation and oversight, solidifying crypto's role in South Korea's financial future.

TheNewsCrypto01/29 13:00

South Korea Approves Sweeping New Crypto Licensing Rules

TheNewsCrypto01/29 13:00

Russia Sets July Rollout for New Crypto Framework

Russia is set to introduce a comprehensive cryptocurrency regulatory framework in July, aiming to bring all crypto activities under legal oversight. The framework will regulate cryptocurrencies, mining, and cross-border transactions, seeking to balance innovation with state control. The move is driven by geopolitical and economic factors, offering companies clearer operational guidelines while enabling state monitoring and taxation. This positions Russia within a global trend of formalizing crypto regulations, potentially attracting compliant firms while reshaping its domestic market. The government aims to integrate crypto into its economy without allowing uncontrolled growth.

TheNewsCrypto01/29 10:44

Russia Sets July Rollout for New Crypto Framework

TheNewsCrypto01/29 10:44

2026: The Upcoming IPOs of Crypto Companies

By 2026, multiple major crypto companies are preparing for IPOs, signaling a trend of crypto infrastructure firms entering public markets. Kraken, targeting a $20 billion valuation in H1 2026, has strong financials and backing from traditional market makers. Consensys, valued at $7 billion in 2022, plans a mid-2026 IPO, leveraging MetaMask's 30 million monthly users but faces challenges balancing token and shareholder interests. Ledger, aiming for a $4 billion valuation, is shifting from hardware sales to a software-focused model. Bithumb seeks a Korean listing to rebuild trust amid past governance issues. CertiK, valued at $2 billion, announced its IPO plans but must address reputational concerns from past security controversies. These moves reflect improved regulatory clarity and market maturity, though investors must differentiate between companies with solid fundamentals and those with unresolved risks.

marsbit01/29 04:37

2026: The Upcoming IPOs of Crypto Companies

marsbit01/29 04:37

Circle launches USDCx on Aleo – Is privacy the next $1.22T unlock?

Circle, the world's second-largest stablecoin issuer, has launched USDCx, a privacy-focused stablecoin on the Aleo blockchain. This move aims to unlock confidential payments and compliant on-chain dollar transactions for institutions and users. Analysts suggest privacy could be the next major unlock in stablecoin use cases, with institutional transfers totaling $1.22 trillion over the past 24 months. However, private settlements currently represent less than 1% of that volume, indicating significant growth potential. Key drivers for private transfers include security risks like targeted kidnappings and the need to protect against market manipulation and public monitoring. Other platforms, including Base and Stripe's Tempo, are also emphasizing privacy features.

ambcrypto01/29 00:02

Circle launches USDCx on Aleo – Is privacy the next $1.22T unlock?

ambcrypto01/29 00:02

Australia’s ASIC cracks down on crypto platforms avoiding licensing rules

Australia's financial regulator ASIC is intensifying efforts to close regulatory gaps in crypto and fintech sectors, targeting unlicensed AI-powered advice tools and digital asset platforms. In its Key Issues Outlook 2026, ASIC emphasized that inadequate oversight poses risks to financial stability and consumer protection. The regulator requires firms to implement strong controls and demonstrate operational accountability, moving beyond mere policy compliance. With crypto ownership rising to 32% among Australians by 2025 and over $750 billion flowing into retirement payouts, ASIC is prioritizing investor safety and market integrity. The transition from ASX's CHESS settlement system by mid-2026 further underscores the focus on resilient infrastructure. Australia is adopting a balanced regulatory approach, easing rules for approved stablecoins while cracking down on unlicensed operators.

ambcrypto01/28 21:02

Australia’s ASIC cracks down on crypto platforms avoiding licensing rules

ambcrypto01/28 21:02

Coinbase UK Ads Crossed A Line—Here’s What Regulators Said

Coinbase's advertising campaign in the UK has been banned by the Advertising Standards Authority (ASA) for trivializing investment risks and failing to provide adequate risk warnings. The campaign, which included a satirical musical-style video and posters, linked crypto investment to solving real-world financial pressures like the cost of living crisis. The ASA ruled that this approach misleadingly presented a complex, high-risk product as a simple solution. Clearcast, the UK’s TV ad vetting body, had already refused to approve the video due to missing risk disclaimers. Coinbase defended the ads as social commentary, but regulators upheld the decision, reflecting broader efforts to tighten rules on financial promotions—especially in crypto, where ads must clearly communicate volatility and potential risks.

bitcoinist01/28 17:05

Coinbase UK Ads Crossed A Line—Here’s What Regulators Said