Crypto Regulation

Russian President Vladimir Putin has outlined the nation’s plans for digital currencies and the integration of digital technology into the financial industry. In his statement, Putin made it clear that...

Russia is fast-tracking a new crypto payments infrastructure to align with global powers using cryptocurrency for international trade. This move comes ahead of a parliamentary vote on cryptocurrency legislation, scheduled...

European regulators are taking steps to clarify the classification of crypto-assets under the new Markets in Crypto-Assets Regulation (MiCAR). The European Supervisory Authorities have released draft guidelines proposing standardized templates...

Taiwan’s highest legislative body, the Legislative Yuan, has officially passed a law amending the country’s Anti-Money Laundering (AML) legislation to include digital assets. The law now requires virtual asset service...

The CME “FedWatch” tool shows a 91.2% probability of the Federal Reserve maintaining current interest rates in August, with an 8.8% chance of a 25 basis point rate cut. Meanwhile,...

Thailand’s Prime Minister Srettha Thavisin announced on Monday that registration for the 10,000-baht digital wallet handout scheme will begin on August 1st. Emphasizing the smooth implementation of the program, Thavisin...

Switzerland’s relaxed regulatory stance on digital assets is positioning the nation as a thriving crypto hub, potentially rivaling the traditional dominance of the United States. Data reveals a significant influx...

South Korea’s plans to tax cryptocurrency gains have faced another setback, with a potential delay pushing implementation as far back as 2028. The revised proposal awaits approval, with the government...

In a recent development, Tornado Cash developer Alexey Pertsev’s bail request has been denied. The bail denial occurred amidst the defense lawyers’ attempt to submit an appeal for the money...

CoinRoutes Chair Dave Weisberger blasted those who claim the SEC’s actions are protecting crypto investors, calling the view “backward” and branding those who agree with it as “anti-investor.” Weisberger voiced...

U.S. Treasury Secretary Janet Yellen denied providing direction or coordination to the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on cryptocurrency regulations during her testimony...

European Union’s MiCAR regulation identifies EMTs and ARTs as suitable for payment use. The Bank of Italy is preparing guidelines to align with the European Union’s upcoming regulations for crypto...

Pro-XRP lawyer Bill Morgan has joined the chorus of criticism against regulatory bodies, suggesting that both the Australian Securities and Investments Commission (ASIC) and the U.S. Securities and Exchange Commission...

The Labour Party’s impending victory in the UK general elections has sparked discussions regarding its implications for the cryptocurrency market, as experts suggest delayed developments in cryptocurrency policies. Keir Starmer...

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,...