Crypto Regulation

Ripple gained NYDFS approval to launch its stablecoin, RLUSD, boosting the price of the XRP token by more than 9% in the past 24 hours. This follows a massive crash...

Russia is considering a strategic Bitcoin reserve to fortify its economy against global sanctions and growing international scrutiny. Anton Tkachev, a deputy from the ‘New People’ party in the State...

SEC Commissioner Hester Peirce criticized what she referred to as ‘Operation Chokepoint 2.0,’ a regulatory chokehold stifling the crypto industry. In an interview with Fox Business, Peirce outlined three steps...

South Korea’s National Assembly will likely approve significant tax law changes during its plenary session on December 10. The proposed amendments include abolishing the financial investment income tax and also...

South Korea’s Democratic Party of Korea (DPK) is moving to abolish the capital gains tax on financial investments, with a decision expected during the National Assembly’s final regular session on...

David Sacks, the newly appointed White House Crypto Czar, has joined calls to investigate Operation Choke Point 2.0, highlighting its potential harm to the crypto industry. Sacks voiced his concerns...

U.S. Treasury Secretary Janet Yellen has renewed her call for stricter regulation of crypto assets and stablecoins, citing the need to address vulnerabilities in the financial system. Speaking at the...

The U.S. Securities and Exchange Commission (SEC) announced it will reject the 19b-4 filings for Solana ETFs submitted by two of the five applicants. According to Fox Business journalist Eleanor...

US President-elect Donald Trump has named David Sacks, former PayPal chief operating officer, as the White House AI and crypto czar. Sacks will lead the administration’s policies on artificial intelligence...

Australia’s financial intelligence agency and securities regulator announced an increased review and amended guidelines for crypto-related operations. On December 6, the Australian Transaction Reports and Analysis Centre (AUSTRAC) released a...

Stanislav Moiseev, founder of Hydra, has been sentenced to life in prison by the Moscow Regional Court. Hydra, a darknet marketplace and crypto mixer that handled $5 billion in cryptocurrency,...

Ripple’s Chief Technology Officer (CTO) David Schwartz criticized “Operation Chokepoint 2.0,” calling it a form of indirect government regulation. Schwartz argues that governments are pressuring banks and financial institutions to...

Taiwan has implemented stringent anti-money laundering (AML) regulations for virtual asset service providers (VASPs), effective November 30, 2024. This change builds on Article 6 of the Money Laundering Prevention Law,...

South Korea’s proposed tax regime for crypto-related ventures met a bottleneck when the country’s National Assembly’s Strategy and Finance Committee failed to convene its plenary session. The legislators could not...

The number of UK crypto users has increased significantly over the past two years, prompting regulators to work toward implementing a dedicated crypto regime. Reports indicate that the UK’s Financial...

A U.S. District Court struck down the SEC’s controversial Dealer Rule, declaring it exceeded the SEC’s statutory authority under the Exchange Act. The court sided with the plaintiffs, including key...

In South Korea, a significant development is brewing as the opposition Democratic Party of Korea (DPK) proposes raising the crypto tax exemption to 50 million won (approximately $35,900). The move...

Russia amended its crypto tax legislation, proposing a 15% tax on income from crypto asset trading and mining. This aligns with the government’s efforts to establish a balanced taxation policy...

South Korea’s Financial Intelligence Unit (FIU) has uncovered numerous violations of customer verification procedures during its review of Upbit’s license renewal application. Reports indicate that the FIU found between 500,000...

Following Donald Trump’s recent election victory, a16z co-founders Marc Andreessen and Ben Horowitz expressed hope for a more favorable regulatory environment under the new administration. In an interview on Wednesday,...

As discussions around potential U.S. regulatory changes gain momentum, Rune Christensen, co-founder of MakerDAO and Sky Protocol, suggested that the victorious Donald Trump could revolutionize decentralized finance (DeFi). According to...

In the ongoing legal case between Binance, former CEO Changpeng Zhao, and the U.S. Securities and Exchange Commission (SEC), Binance’s legal team has filed a motion to dismiss the SEC’s...

The wife of the defunct Three Arrows Capital (3AC) founder, Zhu Su, has reportedly sold a mansion in Singapore for S$51 million (US$38.5 million). This sale occurred despite a court...

A potential hike in the UK’s capital gains tax rate could negatively impact Britain’s strong five million crypto community. Policy advisor Suzanne Morsfield from CryptoUK expressed concern that raising capital...

South Korea, through its Financial Services Commission (FSC), announced that the newly formed Virtual Asset Committee will hold its first meeting on November 6. As an advisory group, the committee...