Regulation news · Page 18
Citigroup Expands Crypto Collaboration with Coinbase to Enhance Digital Payments
Citigroup strengthens its partnership with Coinbase, utilizing its infrastructure for stablecoin payments and enhancing its digital asset capabilities.
ESMA to Prioritize Oversight in Crypto Regulation as MiCA Implementation Deepens
ESMA shifts focus from rulemaking to supervision under MiCA, emphasizing crypto asset service provider resilience and harmonized reporting by 2027.
Court orders restitution for victims of cryptocurrency investment scam
The FCA has secured funds for victims of a cryptocurrency fraud scheme, recovering over £850,000 from perpetrators Bedi and Mavanga for 65 defrauded investors.
UK's Cryptocurrency Authorisation Portal Launches: Compliance Challenges Await
The UK’s Financial Conduct Authority opens a crypto licensing gateway on Sept. 30, allowing firms to apply for new authorizations before upcoming deadlines.
Hong Kong's SFC and AFRC Enhance Regulatory Cooperation for Crypto Firms with New MoU
Hong Kong regulators enhance financial reporting oversight by including licensed crypto firms in a new agreement, improving compliance and audit standards.
Setback for Digital Asset Market Clarity Act as Senate Cloture Vote Fails
The Senate fails to invoke cloture on the CLARITY Act, leaving its future uncertain while industry debates key provisions and regulatory authority.
Major UK Banks Execute Live Tokenized Pound Transactions: Implications for Stablecoins
Barclays, HSBC, and Lloyds demonstrate live transactions using tokenized sterling deposits, raising questions about the future of stablecoins in banking.
SoFi Launches Its Own Stablecoin for $25 Billion Card Transactions: Ripple Faces New Competition
SoFi launches its own stablecoin for a $25B card business, raising questions for Ripple's RLUSD in the competitive digital payments landscape.
Kazakhstan Looks to Flared Gas as a Sustainable Energy Source for Crypto Mining
Kazakhstan is reviving its crypto mining industry by utilizing flare gas, providing a sustainable energy source while attracting miners with lower costs.
Exploring Russia's $44 Billion Cryptocurrency Landscape: 20 Million Investors and Their Strategies
Explore how 20 million Russians are investing in cryptocurrency, leveraging nearly $44 trillion across foreign trade, mining, and savings.
California Governor Newsom Enacts Law Banning Public Officials from Creating Memecoins
California Governor Gavin Newsom signs legislation banning public officials from issuing memecoins, effective Jan. 1, 2027, to prevent profiteering.
The Role of Banks in Cryptocurrency Custody: A Closer Look at Institutional Needs
Explore why banks provide crypto custody services despite clients being able to hold their own keys, focusing on security, regulation, and institutional needs.
Absa Teams with Ripple to Provide Regulated Digital Asset Custody in Africa's Booming Crypto Market
Absa partners with Ripple to provide regulated digital asset custody in South Africa, enhancing security for institutional crypto asset management.
French Woman Investigated for Allegedly Funding Dubai Properties with Cryptocurrency Manipulation
French authorities investigate Svetlana A. for alleged fraud linked to Verasity's VRA cryptocurrency, uncovering links to Dubai property purchases.
Former SEC Commissioner Hester Peirce Advocates for Zero-Knowledge Technologies in Financial Compliance Reform
SEC Commissioner Hester Peirce advocates for using zero-knowledge proofs to enhance KYC systems and reduce costly personal data collection.
Hester Peirce’s Departure Leaves SEC Reeling Over Crypto Legislative Path Ahead
Hester Peirce's exit from the SEC raises questions on the future of the crypto agenda, leaving final proposals in the hands of Chair Atkins and Commissioner Uyeda.
South Korea Considers Liquidity Protections for Stablecoins
South Korea is considering liquidity regulations for won stablecoins to prevent price fluctuations, emphasizing market supply and trading controls.
Hester Peirce, the SEC's 'Crypto Mom,' Resigns Effective October 2
SEC Commissioner Hester Peirce, known as 'Crypto Mom,' resigns effective Oct. 2 after eight years, plans to teach at Regent University.
CFTC Files $950 Million Lawsuit Against Cash FX for Alleged Forex Fraud
The CFTC has filed a $950 million lawsuit against Cash FX for running a fraudulent forex scheme involving cryptocurrency, misappropriating participant funds.
SEC Offers Guidance on Classifying Staking Tokens as Digital Assets
The SEC clarifies when staking tokens may avoid securities rules, discussing the classification of digital tools and issuer responsibilities.
