Crypto Regulation
EBA Publishes Stablecoin Issuance Guidelines Under MiCA Regulation
The European Banking Authority (EBA) has announced in place some recent regulations in the interest of risk management and consumer protection. As part of “guiding principles,” the EBA has advised...
Leading Crypto Lawyers Split Over Judge’s Ruling in SEC v. LBRY
John E Deaton, an XRP lawyer and managing partner of Deaton Law Firm shared an optimistic take on a recent ruling in the SEC-LBRY case. The XRP attorney argued that...
U.S. Crypto Lobbyists Push Lawmakers For Favorable Legislations
Crypto lobbying and advocacy groups in the United States have turned up pressure on lawmakers. The lobbyists are pushing for crypto-friendly legislation in the interest of regulatory clarity. The push...
XRP Army Can Predict SEC Replies to Coinbase in Advance, Lawyer Mocks
Pro-XRP lawyer Bill Morgan dismisses reading the SEC’s response to Coinbase. Morgan claims the Ripple community was already familiar with such arguments. Paul Grewal criticizes the SEC for neglecting its...
Expert Bids $1k for DCG’s Intellectual Property, Brand Amid Lawsuit
Crypto analyst offers $1k for DCG’s IP and brands. Gemini files a lawsuit against DCG and its founder Barry Silbert. The suit accused them of orchestrating a massive fraud scheme....
Singapore Regulator Orders Exchanges To Keep Customer Assets In Trusts
MAS ordered Singapore-based crypto firms to keep customer assets in trust by the end of 2023. Reportedly, the government claimed that custodial independence is required for customer asset protection among...
Thai SEC Introduces New Rules for Digital Asset Providers
Thailand’s SEC introduces regulations prioritizing investor protection in digital asset services. Clear risk warnings are mandated for cryptocurrency traders, noting the potential loss of investment. Restrictions are imposed on deposit...
Critics Accuse SEC of Delays, Political Influence in Crypto Regulations
In a recent series of tweets, renowned pro-XRP lawyer Bill Morgan expressed frustration over the lack of regulatory clarity in the crypto industry, highlighting two prominent cases involving Dash and...
Slovakia Eases Crypto Tax Burden with Clear Legislation
Slovakia has recently made headlines with the passing of a bill that significantly reduces the tax burden on cryptocurrencies. The new legislation, set to take effect on January 1, 2024,...
Do Kwon Sentenced to Jail and South Korea Tightens Crypto Laws
South Korea has recently approved its first independent digital-asset bill aimed at enhancing investor protection. In related news, Do Kwon has been sentenced to jail for four months after attempting...
South Korea Passes Landmark Crypto Bill Tackling Crypto Scandals
South Korea passes its first standalone digital-asset bill. The bill aims to safeguard investors and address crypto scandals. The legislation defines digital assets and imposes penalties for violations. South Korea...
Ripple Debunks 5 Common Crypto Myths, Stressing Real-world Utility
Ripple proactively addresses and debunks common crypto myths. The firm promotes a better understanding of crypto potential in the real-world. Major brands like PayPal and Visa already embrace crypto. Recently,...
Hong Kong To Introduce New Licensing for Crypto Exchanges This Month
Hong Kong is set to implement a new licensing system for virtual asset providers. It aims to regulate the virtual asset industry and protect investors comprehensively. Hong Kong’s regulation showcases...
Singapore Regulators Propose a Common Protocol for Cryptocurrencies
The Monetary Authority of Singapore (MAS), Singapore’s financial regulatory authority issued a proposal of a common protocol for the use of cryptocurrencies on a distributed ledger. The MAS released the...
SEC’s Proposal Threatens US Blockchain Industry, PolygonLabs Responds
Rebecca Rettig, Chief Policy Officer at PolygonLabs, has come out strongly against the U.S. Securities and Exchange Commission’s (SEC) proposed rule change redefining ‘exchange.’ In her response, Rettig declares this...
Hong Kong SFC Puts Crypto Exchanges on Notice With New Regulations
Hong Kong is strengthening control over its virtual asset trading platforms (VATPs), preparing for a 12-month transitional phase that began on June 1, 2023. The new regulatory system is focused...
Coinbase’s Legal Chief Testifies Before US Congressional Committee
Coinbase’s Chief Legal Officer Paul Grewal recently appeared on Capitol Hill to testify before the US House Committee on Agriculture. During his testimony, Grewal called out the SEC for its...
Crypto Lawyer Deaton Phone Hacked, False $LAW Token Announcement Made
The phone of prominent crypto advocate John Deaton was hacked. The compromised phone falsely unveiled $LAW as an official token of CryptoLawUS. Users are urged to disregard the fraudulent announcement...
Digital Outlook Shares His Thoughts on Whether Ripple XRP Case Is Really Over
YouTuber David from Digital Outlook speculates on why June 2023 could be a game-changing month for the ongoing Ripple vs. SEC lawsuit in one of his recent videos. David talks...
Hope Judge Addresses Issue of Whether XRP is Security: Crypto Lawyer
In a recent tweet, lawyer Bill Morgan says that in the Daubert motion decision, Judge Analisa Torres provided a clear stance on the specific matter she must resolve. The decision...
US Omits 30% Crypto Tax in New Debt Ceiling Bill; Crypto Twitter Celebrates
In a major victory for crypto miners in the United States, the Biden administration has decided against including the controversial Digital Asset Mining Energy (DAME) excise tax in its latest...
US Suspends Debt Ceiling: BTC and ETH Show Price Hikes
US President Joe Biden and the Republican member Kevin McCarthy decided to suspend the US debt ceiling. The announcement has been a solace to the crypto industry which was immersed...
Dubai Regulator Warns on Crypto Jurisdictional Regulatory Gaps
There is a need for crypto regulators across the world to talk to each other as it would help to check bad actors from exploiting regulatory gaps, according to Elisabeth...
IOSCO Unveils Global Crypto Regulation and Digital Markets Strategy
On Tuesday, the International Organization of Securities Commissions (IOSCO) introduced a groundbreaking worldwide strategy for overseeing crypto assets and digital markets, Reuters reported. This regulatory framework incorporates valuable insights from...
Hong Kong’s SFC Enacts Regulatory Framework for Virtual Asset Trading
The Securities and Futures Commission (SFC), an independent statutory body charged with regulating the securities and futures markets in Hong Kong, has released its consultation conclusions on the proposed regulatory...
