Regulation news · Page 166
Illinois Governor JB Pritzker Critiques Trump's Crypto Policies Amid New Regulations
Illinois Governor JB Pritzker criticizes Trump's crypto policies while signing new bills to regulate digital assets and enhance consumer protections in the state.
Trader Facing €9M Tax Bill Highlights Ambiguity in Spanish Cryptocurrency Regulations
Spain's ambiguous crypto tax laws lead to a trader facing a €9M charge for non-taxable transactions, highlighting ongoing taxation challenges.
Wazirx Poised for Relaunch Following Overwhelming Creditor Support Awaiting Court Approval
Wazirx seeks court approval to resume operations after 95.7% of creditors back its restructuring plan, paving the way for a relaunch.
Hood County Residents Seek Local Control to Mitigate Bitcoin Mining Noise and Health Issues
Rural Texans in Hood County are advocating for regulation of a Bitcoin mining site due to excessive noise disrupting their quality of life and property values.
SEC Reaches Out to Developments in Early Crypto Ventures with New Engagement Strategy
The SEC is enhancing its outreach to early crypto projects, aiming for proactive dialogue and clearer compliance in a significant regulatory shift.
U.S. Treasury Seeks Public Feedback on Digital Asset Innovations Under GENIUS Act
The U.S. Treasury seeks public comments on the GENIUS Act to enhance the responsible use of stablecoins and improve detection of illicit activities in digital assets.
Unite or Decline: Brazilian Cryptocurrency Sector Fights Against Proposed Tax Law
Brazil's cryptocurrency industry is campaigning against a new tax measure that could hinder adoption and impact 90% of users. Learn more about their efforts.
CMB International Securities Launches Cryptocurrency Trading on Mobile App
CMB International Securities launches a virtual asset trading service, enabling eligible investors to trade Bitcoin, Ethereum, and USDT through its mobile app.
Renmin University Law School Announces Seminar on Legal Approaches to Managing Cryptocurrency and Tokenized Assets
Renmin Law School's upcoming seminar will focus on legal practices for handling cryptocurrencies, stablecoins, and Real World Assets (RWA) from August 29-31, 2025.
Is India on the Brink of New Cryptocurrency Legislation? CBDT Seeks Input from Local Players
India's tax authority questions the need for a new crypto law, focusing on tax measures and the need for clarity in digital asset regulation.
Influencer Sentenced to Over a Year for $3.5M Cryptojacking Fraud Scheme
Charles O. Parks III was sentenced to over a year in prison for a $3.5M cryptojacking scheme, defrauding cloud providers to mine cryptocurrency illegally.
Jeju City Completes Major Investigation into Cryptocurrency Tax Evaders
Jeju City, South Korea, concludes a crypto investigation of nearly 3,000 tax evaders, recovering over $165,000 in assets from delinquent residents.
North Korean Lazarus Group Allegedly Behind $23 Million Cryptocurrency Heist, Leading to Lykke's Collapse
The Lazarus Group is linked to a $22.8 million theft from UK's Lykke crypto exchange, forcing its closure and triggering investor lawsuits.
Rise of Proprietary Blockchains: A Strategic Shift by Companies like Circle and Stripe to Gain Control in the Digital Asset Space
Companies like Circle and Stripe are developing proprietary blockchains for efficient, compliant digital asset payments, enhancing revenue and control.
Duyun City Innovates in the Management of Seized Cryptocurrencies Amid China's Trading Ban
Duyun, China explores new methods for managing seized cryptocurrencies, utilizing cold wallets for secure isolation amid rising challenges in asset management.
Recent Update on Ripple vs. SEC Legal Battle: Appeals Dismissed as Court Awaits Approval
Ripple and SEC progress in legal battle as they file joint stipulation of dismissal for appeals, marking a significant shift in the ongoing lawsuit.
Hong Kong's Financial Regulator Raises Alarm on Risks of Unlicensed Virtual Asset Trading Amid Surge in Stablecoin License Applications
SFC warns investors of risks as companies apply for stablecoin licenses, leading to stock price surges. Caution advised amid potential fraud concerns.
US Treasury Considers Digital IDs in DeFi to Combat Financial Crimes
The US Treasury seeks public input on using digital ID tools in DeFi to combat illicit finance, exploring integration of identity checks in crypto transactions.
BCBS Capital Requirements Hinder Crypto Growth, Says CoinFund President
Basel Bank's capital rules hinder crypto growth by increasing costs for banks, creating a 'chokepoint' for crypto activities, warns CoinFund's Chris Perkins.
Combatting Cryptocurrency Fraud: The Need for Localized Detection in Asia
Asia's crypto crime wave highlights the need for localized blockchain security strategies to combat unique laundering tactics and enhance compliance efforts.
