News about REGULATION

News about Regulation

South Korea’s new regulations enhance user protection in the cryptocurrency industry. Virtual asset service providers must keep 80% of user crypto deposits in cold storage.

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Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback

Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders....

Stripe Expands Crypto Services in Europe Amid ‘Progressive’ Regulation

According to the latest report from The Irish Independent, San Francisco-based financial services provider Stripe has now broadened its cryptocurrency support to Europe. The expansion means users across the European Union can now buy Bitcoin and Ethe...

Hong Kong Tightens Grip on Crypto: New Stablecoin Regulations to Set Global Precedent?

Amid the continued growth of cryptocurrencies, Hong Kong is now taking notable strides towards establishing a comprehensive regulatory environment for stablecoins. The Financial Services and the Treasury Bureau (FSTB) of Hong Kong announced imminent...

Korea to Combat "Unfair Trading" in Crypto with New Regulations Starting This Week

South Korean cryptocurrency exchanges are racing to implement new monitoring systems as the country's first comprehensive law on virtual asset user protection is set to take effect this Friday, July 19. The Virtual Asset User Protection Act (VAUPA) i...

SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm - Bitcoin.com News

SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm& & Bitcoin.com News

SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm

Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce...

Congressman Calls for SEC Chair’s Dismissal Over ‘Regulation by Harassment’

House Majority Whip Tom Emmer has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, accusing him of “regulation-by-harassment,” and calling for his dismissal. The congressman has consistently opposed GenslerR...

Global blockchain regulations: Brief look at how countries are charting the courses

Blockchain technology is rapidly transforming various industries worldwide. As its applications continue to expand, governments are grappling with the challenge of developing appropriate regulatory frameworks. Let’s explore diverse approaches t...

Bank of Russia Discusses Conditions of Upcoming Stablecoin Regulation

The Bank of Russia has highlighted the conditions it will need to consider when regulating the use of stablecoins for Russian individuals and companies. The bank stated that before a regulation is enacted, a thorough study of these assets and a discu...

Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation

In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets, highlighti...

Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation

Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta re...

Crucial Vote in the U.S. on Crypto Regulation

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Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation

Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning...

Global South View: US Politicians Aren't Saviors of Crypto; Innovation Should Precede Regulation – Op-Ed Bitcoin News - Bitcoin.com News

Global South View: US Politicians Aren't Saviors of Crypto; Innovation Should Precede Regulation – Op-Ed Bitcoin News& & Bitcoin.com News

Global South View: US Politicians Aren't Saviors of Crypto; Innovation Should Precede Regulation - Bitcoin.com News

Global South View: US Politicians Aren't Saviors of Crypto; Innovation Should Precede Regulation& & Bitcoin.com News

Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange – Regulation Bitcoin News - Bitcoin.com News

Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange – Regulation Bitcoin News& & Bitcoin.com News

Ripple CLO Slams US Over Poor Crypto Regulation – Details

Stuart Alderoty, the Chief Legal Officer (CLO) of prominent blockchain company Ripple, has criticized the US over its inaction in the establishment of clear crypto regulations. This development underlines the continuous calls for the economic superpo...

Crypto Regulation To Improve Regardless Of US Election Winner, CEO Says

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EU–US Financial Forum Highlights Cooperation on Crypto Regulation

The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the U.S....

Binance Adjusts Services in Turkey Following New Crypto Regulations

Binance announces significant changes to its services in Turkey to comply with new crypto regulations, including halting Turkish language options and direct marketing activities. (Read More)

Circle becomes first stablecoin issuer to secure license under EU’s MiCA regulations

ACPR grants Circle e-money license for USDC and EURC across EU. Circle is the first stablecoin issuer to get licensed under MiCA regulation. MiCA aims to protect investors with stablecoin transaction limits. Circle has become the first stablecoin i...

Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance – Regulation Bitcoin News - Bitcoin.com News

Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance – Regulation Bitcoin News& & Bitcoin.com News

Ethereum Co-Founder Blasts US Crypto Regulations For Encouraging ‘Useless Things’

Ethereum co-founder Vitalik Buterin ignited a firestorm this week with his scathing critique of US crypto regulations, urging a major overhaul of the system. In a move that has sent ripples through the industry, Buterin slammed the expansive definiti...

New Crypto Regulation: Firms In Hawaii Now Exempt From MT License Requirement

Hawaii’s regulator announced the official end of the Digital Currency Innovation Lab (DCIL) on June 30. The DCIL concluded that crypto firms no longer needed a Money Transmitter License (MTL) to operate in the state. Hawaii Crypto Firms No Longer Ne...

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