UK Finance Minister proposes a sandbox initiative for crypto regulations
UK Chancellor Jeremy Hunt has revealed plans for a cryptocurrency legislative initiative. The government aims to pass legislation to officially...
Regulation
FTX collapse, Binance’s US settlement provide strong case for MiCA regulations
The collapse of FTX in 2022 and Binance’s recent $4.3-billion settlement with United States authorities provide a strong argument for...
CZ departure, Binance deal lead to purge of $175M of crypto longs
As crypto exchange Binance and the departure of its CEO Changpeng “CZ” Zhao hit the headlines in the last 24...
Blockchain Association files support in suit to lift Tornado Cash sanctions
The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury’s Office of Foreign Assets Control...
Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’
The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from...
Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning toward a favorable outcome for a...
Cybersecurity expert backs Sen. Warren’s crypto bill in Senate hearing
United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with a...
Global securities body IOSCO unveils crypto regulatory framework proposals
IOSCO, the international regulatory body overseeing securities markets, has released its conclusive report containing policy suggestions for crypto and digital...
Germany’s Commerzbank obtains crypto custody licence
Commerzbank has become the first full-service bank in Germany to receive regulatory approval for a crypto custody licence. Commerzbank, among...
IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and...
Democratic Party of South Korea mandates parliamentary candidates disclose crypto holdings
The Democratic Party of Korea, which holds 167 out of 300 seats in the National Assembly, has made it mandatory...
Australian regulators will compel businesses to report cyberattacks: Report
Australian authorities will oblige local companies to be fully transparent and report any ransomware cyberattacks on their businesses. The country’s...
Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina
Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization...
Ripple faces slim odds of $770M disgorgement
Attorney John Deaton, representing XRP holders, has made a persuasive case in the Ripple vs. SEC legal saga, suggesting that...
47 countries pledge to authorize the crypto-asset reporting framework by 2027
Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new...
Taiwan determines new suspects in alleged fraud — Report
The saga of the imploded cryptocurrency exchange JPEX continues to develop as Taiwanese prosecutors have reportedly found new alleged suspects.The...
UAE central bank to penalize unlicensed virtual asset service providers
The Central Bank of the United Arab Emirates (CBUAE), along with other regulators in the country, has recently published new...
Kenyan lawmakers ask local Blockchain Association to come up with crypto bill
Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto....
FTX seeks sale of Grayscale and Bitwise assets worth $744M
Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware allow it to sell certain key trust fund assets,...
LedgerX highlights CFTC regulatory gap in customer asset rules
The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets.The recent CFTC...
Dubai approves XRP under its virtual assets regime
Ripple says approval allows licensed firms to incorporate XRP into their crypto asset services. CEO Brad Garlinghouse notes that Dubai...
Turkey is preparing new law on crypto assets: report
Turkey is preparing a new law on crypto regulation, according to Finance Minister Mehmet Simsek. The legislation looks to toughen...
