U.S. Representatives Schakowsky and Bilirakis question Apple's App Store policies, fearing they may stifle innovation in technologies like blockchain and NFTs.
South Korea's central bank narrows down the options for the CBDC pilot to Jeju, Busan, and Incheon. They aim to experiment with public payments, excluding Seoul.
The SEC's previous classification of SPIKES Index as 'futures' was reversed by a court ruling, causing a significant regulatory and market shift.
Bendigo Bank introduces restrictions on immediate crypto payments to protect its customers from scams, echoing actions of three other Australian banks.
The recent amendment in the 2024 National Defense Authorization Act may introduce uncompliable KYC measures for stablecoins like USDC.
The IRS has issued a ruling declaring that crypto staking rewards must be included as gross income in the U.S., at their fair market value when received.
Kenya's government has suspended Worldcoin's activities, citing concerns over iris scanning for digital IDs. An investigation into the legality and potential risks is now underway.
SEC Commissioner Hester Pierce questions the agency's advisory to accounting firms about non-audit work for crypto firms, sparking a debate on transparency and ethical considerations.
The Bank of Italy's Milano Hub supports Cetif Advisory in researching a security token ecosystem for institutional DeFi, hoping to enhance understanding and safety.
The U.S. House Financial Services Committee deliberates on a range of bills aimed at bringing regulatory clarity to the crypto industry amidst diverse opinions.
U.S. Democratic Senators have urgently called on the IRS and Treasury to close cryptocurrency tax loopholes, warning of significant revenue loss.
Namibia enacts law to regulate virtual asset services, reversing a 2017 ban and adopting measures to protect consumers and prevent market abuse.
Binance and CEO Changpeng Zhao are preparing to counter a lawsuit by US regulators, intending to file a motion to dismiss the accusations.
In essence, Ripple CEO Brad Garlinghouse criticizes the SEC for its overreaching role in cryptocurrency regulation and appeals for clearer legislation, not increased enforcement.
Despite public hesitation, the US Federal Reserve is quietly recruiting a crypto expert to explore potential Central Bank Digital Currency, fueling national debates and election controversies.
Arkansas counties are rushing to implement noise control regulations on crypto mining before a state law standardizing such operations takes effect in August.
Coinbase CEO, Brian Armstrong, reports a newfound emphasis among US lawmakers on crypto regulation, inspired by legislative discussions and recent lawsuits involving Ripple.
Celsius Network has finalized two settlements to close bankruptcy proceedings, offering customer asset recovery and addressing $78.2 billion in unsecured claims.
Ripple seeks regulatory approval in the UK and Ireland, signaling a shift in the crypto industry towards favorable regulatory climates abroad.
The U.S. SEC is considering appealing the recent court verdict classifying XRP as a non-security for retail investors, arguing it contradicts basic securities law principles.
Nasdaq has postponed its cryptocurrency custody launch amidst regulatory concerns, yet remains committed to advancing its digital asset solutions.
Top financial firms inch closer to potential Bitcoin ETF approval in the U.S., as their applications make it to the Federal Register, advancing the SEC’s decision-making process.
SEC Chair Gary Gensler requests additional resources in 2024 budget to address crypto market misconduct and increase the commission’s workforce.
Brian Armstrong, Coinbase CEO, schedules a meeting with Congress members to deliberate on cryptocurrency legislation amidst varied legislative proposals and ongoing SEC lawsuit.
FTX Australia's financial license is revoked by the Australian regulator, as it continues to compensate clients while undergoing potential restructuring talks for a relaunch.
The UK's FCA plans to regulate crypto memes as financial promotions, requiring disclaimers and potentially penalizing non-compliance.
SEC Chairman Gary Gensler highlighted the transformative potential of AI for the agency, despite potential pitfalls like bias and deception. He's pushing for rules to mitigate these issues.
Transaction Blocks Introduced for Digital Currency Platforms with High Scam Rates
Global Watchdog Sets Guidelines for G20 Economies and Addresses Global Stablecoins
S-1 Filing Approval Does Not Imply Regulatory Compliance, SEC Clarifies
Unconventional Player Steps In to Protect Binance Users Amid Legal Battle
Landmark Decision Sparks Urgency for Legislative Action in the Crypto Space
Debate over Digital Asset Market Structure Discussion Draft and its Implications for Crypto Regulation
Regulator warns against engaging with unauthorized cryptocurrency dispensing machines
Virtual Assets Regulatory Authority puts BitOasis license on hold due to unfulfilled obligations
Rodrigo Seira questions SEC's jurisdiction and the use of the Howey Test, highlighting industry concerns
Legal Experts Caution that Imposed Limits Could Impede Stablecoin Progress
Impressive Q2 Performance Highlights XRPL's Potential and Niche in DeFi and NFTs
Regulatory Dispute Raises Questions of Securities Classification and Coinbase's Compliance
Allegations of regulatory breaches and investor deception deepen woes for Celsius and its ex-CEO
