Crypto Regulation

The Basel Committee of Banking, regulated by the world’s main financial centers, proposed a standardized format for major banks to disclose their holdings of crypto assets. The proposal would be...

According to the new tax gap projections for 2020 and 2021 released by the Internal Revenue Service (IRS), the “tax gap” in the United States has surpassed $600 billion in...

Ripple’s General Counsel, Stuart Alderoty, thinks the United States has lost its way in digital assets regulation. According to him, the US lost its way by allowing politics and power...

Paradigm files an amicus brief in the SEC lawsuit against Binance. The platform points out the SEC’s “capacious” and “unreasonable” norms, highlighting the need for Congressional authorization. Per their official...

The Three Arrows Capital co-founder Su Zhu was arrested at Singapore Changi Airport while attempting to leave the country. The Singapore Court released committal orders to 3AC co-founders Zhu and...

In a recent post on X (formerly Twitter), crypto trader Lady of Crypto expressed serious concerns about the suitability of Gary Gensler as the Chairman of the U.S. Securities and...

The Japanese Crypto Asset Business Association (JCBA) recently unveiled an initial draft of rules to overhaul the initial exchange offering (IEO) and initial coin offering (ICO) processes in Japan’s crypto...

Empower Oversight has initiated a noteworthy effort to enhance accountability within the Securities and Exchange Commission (SEC). This act involves a recent Freedom of Information Act (FOIA) request with the...

Crypto firms are looking for growth opportunities outside America, according to the Wall Street Journal. The reasons for the departure are reportedly due to U.S. Securities and Exchange Commission (SEC)...

Vivek Ramaswamy, a Republican candidate for the American Presidential election, recently shared insights on the potential establishment of blockchain technology and digital assets in the US, by introducing a “comprehensive...

John Lee, the Chief Executive of the Hong Kong Special Administrative Region (HKSAR), recently called for stricter crypto regulations following the ongoing issues with local crypto exchange JPEX. Lee’s comments...

South Korea’s customs agency recently highlighted crypto trading’s role in illegal forex transactions. The Financial Services Commission (FSC) has also taken note of OTC crypto trading’s role in financial crimes....

The Hong Kong Monetary Authority (HKMA) recently released a warning against the crypto-related companies that identify themselves as “banks” and their products as “deposits”. The financial watchdog further suggested the...

Peter Marton, Deputy Superintendent of Virtual Currency at NYSDFS, is set to depart on September 29. Marton will leave his post to pursue private sector opportunities, according to superintendent Adrienne...

In its regulatory move against NFT offerings, the U.S. Securities and Exchange Commission (SEC) has classified Stoner Cats NFTs as unregistered securities. The company behind the NFTs, Stoner Cats 2...

The Commodity Futures Trading Commission (CFTC) recently took enforcement actions against Opyn, ZeroEx, and Deridex, sending a stern message to the decentralized finance (DeFi) community. Opyn, Inc., headquartered in California,...

Grayscale Investments reportedly urged the Securities and Exchange Commission (SEC) to approve the company’s application for the conversion of Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF), claiming that...

According to a statement from India‘s Finance Minister, Nirmala Sitharaman, discussions are underway regarding establishing a regulatory framework for cryptocurrencies. Reuters captured this development in a report earlier today. The...

Ripple Labs filed a motion, objecting to the SEC’s request for an interlocutory appeal in the ongoing lawsuit. Bill Morgan shares insights on Ripple Labs’ move, reinforcing his positive view...

The U.S. Securities and Exchange Commission (SEC) has, once again, delayed its ruling on spot market Bitcoin exchange-traded funds (ETFs). Led by Gary Gensler, the Commission opted to postpone a...

Journalist Eleanor Terrett of FOX Business took to Twitter today to unveil a statement from the U.S. Securities and Exchange Commission (SEC) about their next steps in the ongoing Grayscale...

The world’s largest crypto exchange, Binance, says intelligence provided by its investigations team helped in the recent arrest of prominent and wanted members of a branch of the ISIS terror...

The government of Thailand has reportedly taken the initiative to request the court for a legal closure of Mark Zuckerberg’s social media platform Facebook in the country, concerning the platform’s...

David Schwartz comments on the SEC’s recent filing of the interlocutory appeal in the ongoing SEC-Ripple lawsuit. Schwartz clarifies that the SEC has the right to move forward with the...

The crypto-asset sector witnessed substantial market volatility throughout 2022 that revealed several vulnerabilities within the industry. Even so, its remarkable growth saw numerous banks express interest in engaging in crypto-asset...