Crypto Regulation
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...
Lack Of Clear Crypto Regulation Intentional: Michael Saylor
The co-founder of MicroStrategy and notorious Bitcoin (BTC) fan Michael Saylor, shared some of his thoughts relating to the crypto space in a recent interview at the Bitcoin 2023 conference...
Crypto Lawyers Say SEC v Ripple Judge May Find XRP a Non-Security
Crypto lawyer Jesse Hynes believes that the judge overseeing the Securities and Exchange Commission’s lawsuit against Ripple may rule XRP as a non-security digital asset if a clear distinction is...
South Korea Approves Bill Requiring Crypto Disclosure For Officials
On Monday, a Korean parliamentary subcommittee approved a bill that includes cryptocurrency and other virtual assets in the annual asset disclosure requirements for elected and high-ranking government officials, reported a...
Influencer Hints at Ripple’s Involvement in UK Crypto Regulation Report
Crypto analyst Cypress de Manincor claimed Ripple was involved in the UK lawmaker report on crypto that was published this week. “Isn’t Ripple being sued for selling unregistered securities? So...
Cryptocurrency Will Face Permanent Ban in Pakistan: Finance Minister
Where Europe and the UAE are embracing cryptocurrencies, Pakistan is deciding to do the opposite and ban them. Pakistan’s Senate Standing Committee on Finance spoke about the execution of legislation...
Lawyer Contests DOJ Skyrocketing Crypto Crime Claim, Demands Evidence
Lawyer questions DOJ’s claim of increased crypto crime, demanding evidence. US regulator emphasizes laser-focused mission to target crypto exchanges. The NCET intensifies efforts against crypto investment scams, recovering $112M. Renowned...
EU Spearheads Global Crypto Reform With MiCA Regulation Approval
EU approves groundbreaking legal framework on markets in crypto-assets (MiCA). MiCA sets out to regulate the crypto-assets sector, protecting investors and preventing further misuse of crypto. The new crypto regulation...
Crypto Insider on the SEC: “An Embarrassment to the United States”
Crypto Personality Adam Cochran calls the SEC’s slow-paced rule-making to be an embarrassment to the United States. Journalist Eleanor Terrett highlighted the SEC’s active filing and proposal of new rules...
Policy Expert Foresees Bipartisan Support for Stablecoin Legislation
Crypto policy expert Ron Hammond shared updates on the progress of stablecoin legislation in Congress. Hammond believes bipartisan support is possible for advancing stablecoin legislation. The policy expert concluded that...
SEC-Ripple Case Poses Threat to Crypto Space: XRP Lawyer
John E Deaton affirmed that the Ripple case is a major threat and danger to the whole crypto community. Deaton’s statement was in response to Perianne Boring’s revelations that the...
US SEC Responds to Mandamus Petition Filed By Coinbase
The United States SEC has responded to Coinbase’s petition for a writ of mandamus from last month. The SEC has indicated that it will continue using enforcement actions instead of...
Binance To Exit Canadian Market Due To Challenging Regulations
Binance has decided to exit the Canadian crypto market due to its challenging regulatory regime. Binance blamed its departure on Canada’s recent overhaul of regulations for crypto entities. The crypto...
US Regulatory Paralysis Impacts Jobs, Investment: John Deaton
Crypto lawyer John Deaton believes that US regulatory paralysis has measurable impact in terms of jobs and investment lost. Congressman Patrick McHenry asserts that the SEC’s regulation by enforcement regime...
NY Authorizes Stablecoins as a Form of Bail: Assembly Bill 7024
The New York State Legislature introduced Assembly Bill 7024 authorizing stablecoins as a valid form of bail. The bill followed General Attorney Letitia James’ proposal for crypto regulations. The authority...
Crypto Influencer Faults US Govt’s $18B Crypto Tax Loopholes Claims
Influencer CryptoWendyO disputes the US government’s claims of crypto tax loopholes. The crypto enthusiast cited no clear regulatory definition of crypto yet. US President has called for Congress to close...
US Regulatory Crackdown Prompts Jane Street And Jump Crypto To Exit
Jane Street and Jump Crypto are reportedly scaling back from crypto trading in the U.S. The market-making giants have blamed the regulatory crackdown in the country for this move. Jane...
Hong Kong Won’t Be ‘Light Touch’ on Crypto Regulation, Says Executive
Hong Kong Monetary Authority CEO discusses upcoming crypto regulations. The CEO said companies that feel HK’s regulations are too tight can go elsewhere. From June 1, retail investors in Hong...
OFAC Imposes $7.6 Million Fine on Poloniex For Violating Sanctions
The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) has levied a $7.59 penalty on California-based crypto exchange Poloniex. The crypto exchange has agreed to pay the amount...
Coinbase Has Been Indicted of Illegal Data Harvesting by US Court
The US-based crypto exchange, Coinbase, has been indicted of violating the US biometric privacy law for illegally collecting face templates and fingerprints of its customers in a Monday suit before...
