South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto...
Regulation
Major Party in South Korea Proposes to Defer Cryptocurrency Taxation
The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to...
Argentina to Regulate Cryptocurrency Exchanges With Executive Order
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be...
Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) based...
South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions
Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s...
Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi
The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been...
Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined
Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing...
Peter Brandt Warns Against Trusting SEC Chair Gary Gensler — Says He Has Long History of Not Protecting Investors
Veteran trader Peter Brandt has warned that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler should not be trusted....
Deutsche Börse Group’s Crypto Subsidiary Granted Four Licenses by the German Regulator
A subsidiary of the German multinational company Deutsche Börse Group has been granted four licenses by the German Federal Financial...
Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’
U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small...
SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference’ Between Bitcoin and US Dollar
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin...
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which...
SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with...
Montenegro Court of Appeal revokes Do Kwon’s extradition again
Montenegro Court revokes Do Kwon’s extradition, citing procedural violations. Former Terra CFO Han Chang-joon extradited to South Korea after Montenegro...
Bybit applies for a Virtual Asset Trading License in Hong Kong
Bybit applies for a VATP license in Hong Kong through Spark Fintech Limited. Hong Kong’s favourable regulatory environment contrasts with...
UK accelerates Digital Pound design amid privacy concerns and banking criticism
Treasury and BOE intensify efforts to explore CBDC feasibility and design options. Emphasis is on privacy and security in the...
SEC confirms X account hack happened after “SIM swap”
SEC says hacker that compromised its X account used a “SIM swap” attack. The unauthorised access had seen the hacker...
South Korea president’s office urges FSC to reconsider its spot Bitcoin ETFs stance
Will South Korea allow spot Bitcoin ETFs? The Financia Services Commission had warned brokerage firms against offering recently listed US...
Poland to introduce crypto regulation bill in Q2: report
The new bill seeks to introduce a crypto regulatory framework that aligns with the EU’s MiCA. Poland’s Financial Supervision Authority...
Genesis to pay $8M fine, forfeit BitLicense as NYDFS settlement
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender...
Turkey’s crypto regulation is at the final stage: report
Turkey’s crypto regulation seeks to align the country’s anti-money laundering laws with the scope of the Financial Action Task Force...
Honduras’ Próspera Zone recognizes Bitcoin as an official unit of account
Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads...
