Crypto Regulation
Crypto Oversight Battle Heats Up as CFPB Seeks Broader Control
More U.S. regulators, such as the CFPB, now seek to exert authority over cryptocurrency. The CFPB has moved to expand its examination authority over large…
47 Tax Authorities Commit to Crypto-Asset Reporting Framework
Tax authorities from 47 countries commit to implementing CARF The joint statement noted the necessity of CARF to combat tax evasion and reduce the burden…
UK Regulators Unveil Plans to Regulate Stablecoins, Cite Risks to Financial Stability
U.K. financial regulators, including BoE and FCA, released discussion papers on regulating stablecoins. Stablecoin issuers are required to fully back digital assets with deposits at…
XRP Joins BTC, ETH, LTC; Ripple CEO Hails Dubai’s Approval
Ripple (XRP) gains approval from the Dubai Financial Services Authority for use in the Dubai International Financial Centre. Toncoin (TON) was also approved, joining BTC,…
Turkey Plans Fresh Crypto Legislation to Ease FATF Concerns
The Turkish Finance minister announces plans to introduce new crypto legislation. He says the new law will address money laundering and terror financing concerns. The…
Spain Fast-Forwards MiCA Adoption in Response to EU Pressure
Crypto firms registered in Spain need to adopt the MiCA Act by December 2025. MiCA would introduce more stringent consumer protection measures for crypto firms.…
Bittrex’s Bankruptcy Filing Approved By US Courts
Judge Brendan Shannon has approved the liquidation of Bittrex exchange. The approval would allow Bittrex to carry out plans for winding down its U.S. operations.…
Singapore Teams Up With Japan, Swiss, UK Bodies on Crypto Regulation
The Monetary Authority of Singapore (MAS) announced it has partnered with regulators in Japan, Switzerland, and the UK. The MAS said the policymaker group will…
Taiwan Proposes Draft Crypto Act; Legislation Clears In First Reading
Taiwan proposed a draft crypto act to the Legislative Yuan for the first time today. In September, Taiwan's FSC released guidelines for virtual asset service…
Hong Kong SFC Updates Virtual Asset Policy: Ensures Customer Protection
The Hong Kong SFC has restructured its regulatory approach to virtual assets, introducing new updates to the virtual asset policy. The new policy restricts the…
