Exploring the risks, rules of cryptocurrency regulation globally.
US Congressman questions SEC’s lack of action against ‘big fish’ exchanges if Ripple is a security
Sherman said the SEC should bring enforcement actions against major exchanges that facilitated Ripple (XRP) trading.
Hong Kong Monetary Authority: Crypto is likely to integrate with the future financial system
Hong Kong Monetary Authority recently said that crypto will probably play a central role in the financial systems in the future.
Crypto.com, Coinbase secure approval from Italian regulator
US-based crypto exchanges Coinbase and Crypto.com have received regulatory approval from Organismo Agenti e Mediatori (OAM) to continue serving the Italian Market
Reserve Bank of India renews calls for crypto ban
India flips anti-crypto once more citing the destabilizing effect of digital assets on fiscal stability.
Private but regulated tokens could beat CBDCs, Australian central bank chief says
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
Senator Elizabeth Warren wants more enforcement from SEC in the crypto space
In the aftermath of major crypto lenders going bankrupt, there's a need for strong investor protection rules, and people are looking to the SEC.
Binance fined €3.3 million in Netherlands for unlicensed operations
Binance has objected to the fine imposed by the Dutch central bank despite the regulator slashing it by 5%.
Sweden averse to Bitcoin mining amid rapid rise in energy demand
Sweden is looking to redirect the energy being used by crypto miners to operations that would create more jobs in the country.
Paraguay’s new bill may turn the country into mining heaven
The Senate of Paraguay sent a new bill for the approval of the President. If the bill passes, crypto miners could use affordable excess energy and be exempt from VAT.
Gensler says SEC can consider tailoring rules for crypto industry compliance
Gensler said several crypto companies have been non-compliant with offering unregistered securities to investors.
Putin signs law banning crypto-based payments in Russia
The legislation comes after the central bank finally showed signs of support for crypto payments over the last few months.
Principles for Financial Market Infrastructures should be applied to stablecoins: BIS
The transfer function of stablecoins makes stablecoin issuers similar to FMIs and should, therefore, adhere to the PFMI, the report said.
Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials
The meeting between both authorities focused on issues that included “sustainable finance, crypto assets, and stablecoins.”
Judge denies SEC’s motion to withhold key documents in Ripple case
A court filing showed Judge Netburn ruled that attorney-client privilege protections do not apply to internal documents held on the William Hinman speech.
European Central Bank hints at PoW-based crypto ban by 2025
The E.U.'s commitment to fighting climate change puts it on a collision course with PoW tokens.
Sri Lankan officials maintain crypto snub despite economic collapse
The Sri Lankan government remains anti-crypto and the central bank issued a new notice on the matter to warn citizens.
3AC collapse throws a monkey wrench in Singapore’s crypto endeavors
Singapore's crypto players expect the country to become more strict towards crypto firms as they expect more bankruptcies from companies like Three Arrows Capital.