Crypto Regulation

South Korea is ramping up its fight against crypto fraud as a new digital asset law looms. The country’s financial regulator, the Financial Supervisory Service (FSS), is establishing a comprehensive...

Hong Kong regulators are keeping crypto regulations in view. Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, announced today that regulators will monitor market developments and review...

The Financial Sector Conduct Authority (FSCA) of South Africa has approved licenses for 63 new cryptocurrency firms, enabling them to operate within the country and expand their global reach. The...

Animoca Brands, a leading gaming and metaverse company, has partnered with Gala Games to bolster the liquidity and stability of the $GALA token. The collaboration will see Animoca Brands utilize...

Buoyed by a recent court ruling in favor of Binance, Coinbase has appealed in a letter to Judge Katherine Polk Failla, urging her to reconsider its request for an interlocutory...

The U.S. Department of Treasury has released new rules for cryptocurrency brokers. The new rules cover tax filing requirements for digital asset brokers, beginning with transactions happening next year. Notably,...

The co-founder and chief strategy officer of HKbitEX, Lu Tingkuang, thinks Hong Kong has a more convenient crypto licensing regime than places like Singapore and the U.S. According to Tingkuang,...

Vitalik Buterin, the co-founder of Ethereum, has recently expressed dissatisfaction with the US crypto regulatory framework, calling it an “anarcho-tyranny.” He advocated for a “good faith engagement” from both regulators...

Binance.US, the American arm of the global cryptocurrency exchange, will cease operations in Washington state on August 20, 2024, following the loss of its operating license amid heightened regulatory scrutiny....

South Korea is ramping up efforts to combat fraud and cybercrime in the cryptocurrency market, unveiling a new joint response system aimed at curbing hacks and unfair trading practices. Lee...

UAE crypto regulation advances with Binance’s VASP license, enhancing local compliance and innovation. Binance’s Dubai arm, Binance FZE, has secured a crucial Virtual Asset Service Provider (VASP) license from VARA,...

Cathie Wood, CEO of Ark Invest, has announced her intention to vote for Donald Trump in the upcoming U.S. presidential election, citing economic reasons for her choice. Wood made this...

Zimbabwe is gearing up to regulate cryptocurrency regulations, seeking public input to develop policies in the digital asset sector. In a statement published in the state-run Herald newspaper, the government...

Singaporean authorities have intensified scrutiny of family offices and hedge funds in a move to protect individuals from money laundering and terrorist financing risks. Authorities have tightened regulations and investment...

Verena Ross, the Executive Director of the European Securities and Markets Authority (ESMA), addressed the future of cryptocurrency regulation in Europe during Paris Blockchain Week. Ross emphasized the importance of...

The American Securities Association (ASA) filed a lawsuit against the Securities and Exchange Commission (SEC) for alleged lack of transparency. The lawsuit underscores the ASA’s frustration over the SEC’s opaque...

Deutsche Bank, Germany’s largest bank, and Vienna-based crypto platform Bitpanda, have partnered in a move that marks a significant step in integrating traditional banking with the crypto market. Bitpanda users...

Coinbase slams the SEC, claiming that its regulatory policies destroy the crypto industry. The platform asserts that the SEC hasn’t taken the initiative to frame convenient regulatory policies. The exchange...

Hong Kong’s “Technology Crime Police Advisory Group” identifies stigmatization as a key challenge in fostering Web3 growth in the region. The group asserts that inaccurate labeling of web3 concepts like...

Former SEC regional director Marc Fagel has criticized the U.S. Securities and Exchange Commission for repeatedly falling short in rapidly evolving sectors. Fagel attributed this persistent issue to the commission’s...

Bitcoin advocate Samson Mow welcomes the growing political interest in cryptocurrencies, but warns against a one-size-fits-all approach to regulation. Mow fears that a lack of distinction between Bitcoin and other...

OKX, the Seychelles-based cryptocurrency platform, has withdrawn its application for a Virtual Asset Service Provider (VASP) license in Hong Kong, citing a reassessment of its business strategy. The exchange announced...

Former Speaker of the House Nancy Pelosi is reportedly contemplating support for a Republican-led crypto bill. The bill in question is the Financial Innovation and Technology for the 21st Century...

Two senior House Democrats, Representatives Maxine Waters and David Scott, have voiced opposition to the Financial Innovation and Technology for the 21st Century Act (FIT21). In emails to fellow Democrats,...

Heather Slavkin Corzo, a prominent critic of cryptocurrencies, is stepping down from her role as policy director at the U.S. Securities and Exchange Commission (SEC), the regulatory body announced in...