India has ramped up its fight against the rising tide of crypto-related scams, particularly the notorious “pig butchering” schemes, by collaborating with tech giants Google and Meta. According to the...
Garanti BBVA, Turkey’s fifth-largest bank, is preparing to expand its cryptocurrency offerings in 2025. Following the European Union’s implementation of the Markets in Crypto-Assets (MiCA) regulation, the bank’s crypto custody...
The 2020 lawsuit filed by the United States Securities and Exchange Commission (SEC) against Ripple not only challenged the fintech firm but also damaged XRP’s standing in the crypto market,...
As the crypto market enters 2025, venture capital (VC) firms are gearing up to invest in blockchain and DeFi. Despite a strong recovery in 2024, crypto VC funding remains below...
The People’s Bank of China has released its 2024 Financial Stability Report, spotlighting global crypto regulation efforts. The report details that 51 countries and regions have implemented bans on cryptocurrency...
Hong Kong legislator Johnny Ng has a new idea to help address the region’s financial deficit: include Bitcoin in the city’s foreign exchange (FX) reserves, citing sources from local media....
The U.S. Treasury Department, through the Internal Revenue Service (IRS), has finalized regulation integrating decentralized finance (DeFi) platforms into the existing tax framework. In a recent report, the regulatory agency...
Turkey has unveiled new cryptocurrency regulations to combat money laundering and terrorism financing. The new measures were detailed in a December 25 publication in the Official Gazette of the Republic...
The Philippine Securities and Exchange Commission (SEC) has announced a new set of regulations to strengthen oversight in the country’s crypto sector. The SEC stated that “Rules on Crypto-Assets Service...
The South Korean government wants to amend its Foreign Exchange Transactions Act. The amendment would require virtual assets service providers (VASPs) involved in cross-border transactions to register under the new...
Charles Hoskinson, co-founder of Cardano, is working to bridge the gap between political parties in Washington to create a more unified approach to cryptocurrency regulation. His focus is on meeting...
Crypto investment firm Unicoin received a Wells Notice from the SEC. This signals possible legal action over claims of fraud, deceptive practices, and the sale of unregistered securities. The SEC’s...
India has shown serious intent to develop a regulatory framework for virtual digital assets (VDAs); otherwise, cryptocurrency. The move comes in the backdrop of the surging popularity of crypto assets...
TON Foundation, the community behind The Open Network (TON) blockchain ecosystem, has officially registered under the Abu Dhabi Global Market (ADGM) regulatory framework for decentralized ledger technology (DLT) foundations in...
El Salvador and Argentina are working together to expand Latin America’s regulatory framework for crypto assets. Juan Carlos Reyes of El Salvador and Roberto Silva of Argentina, the heads of...
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...