Regulation news · Page 184
El Salvador Aims to Become a Bitcoin Capital Markets Leader with New Initiative
El Salvador is set to launch the first fully native bitcoin capital markets, positioning itself as a global hub for financial technology and digital assets.
Investors Face Uncertainty as Ziglu Reveals $2.7 Million Deficit Following Collapse
Ziglu, a collapsed crypto firm, faces a $2.7M deficit, leaving thousands of investors uncertain after officials discovered significant financial mismanagement.
Ghana’s Central Bank Mandates Registration for Crypto Service Providers
The Bank of Ghana mandates registration for all crypto firms, aiming to ensure consumer protection and prepare for comprehensive regulation by 2025.
Ripple's Push for National Trust Bank Charter Signals Enhanced Compliance for RLUSD
Ripple's application for a national trust bank charter aims to enhance stablecoin credibility and custody, signaling a pivotal step in regulated crypto banking.
Jay Clayton: From SEC Chair to Prosecutor in the Roman Storm Case
The SEC's Jay Clayton prosecutes Roman Storm, co-founder of Tornado Cash, for money laundering as crypto regulatory tensions rise in the U.S.
Caution Urged by Beijing's Financial Authority Against Fraudulent Practices Targeting Investors in Digital Currencies
The Beijing Internet Finance Industry Association warns against illegal fundraising schemes disguised as stablecoin investments, urging vigilance and verification before…
Settlement Reached in BlockFi’s $35 Million Crypto Asset Lawsuit with DOJ
BlockFi’s bankruptcy administrator and the DOJ have settled to dismiss a $35 million lawsuit regarding crypto asset transfers, approved by a judge.
Kakuyo Network's Subsidiary Secures Type 4 and Type 9 Licenses from Hong Kong's SFC, Boosting Global Aspirations
Kakuyo Network's Hong Kong subsidiary, Spruce Technology, has secured SFC Type 4 and 9 licenses, boosting its global expansion and compliance in the gaming sector.
Cryptocurrency Associations Lobby for CLARITY Act in Congressional Appeal
Key crypto trade groups urge Congress to pass the CLARITY Act for regulatory certainty, shifting oversight from the SEC to the CFTC to foster innovation.
Former Bitzlato CEO Seeks Presidential Pardon from Trump Following Conviction
Anatoly Legkodymov, ex-CEO of Bitzlato, seeks US presidential pardon post-guilty plea for unlicensed money transmitting, amid allegations of facilitating illicit funds.
Genius Act Approved: New Bankruptcy Rules for Stablecoins Could Shake Banking Stability
The Genius Act prioritizes stablecoin holders in bankruptcy, potentially risking traditional banking stability and affecting bank depositors' interests.
ESMA Issues Advisory to Crypto Companies on Misuse of MiCA Regulatory Status in Marketing
ESMA warns crypto firms against misleading investors by misusing their MiCA regulatory status as a marketing tool, aiming to ensure clarity and protection.
Binance's Key Role in Trump-Linked USD1 Stablecoin Development Amid Controversies
Binance played a key role in creating the USD1 stablecoin for Trump-backed World Liberty Financial, pivotal in a $2 billion UAE investment in Binance.
Agora Secures $50 Million in Series A Funding to Pioneer White Label Stablecoins
Agora, a stablecoin startup, secures $50M in Series A funding to expand its innovative white label stablecoin platform, AUSD.
ESMA Introduces New Guidelines to Ensure Competency of Crypto-Asset Service Providers' Staff
ESMA's new guidelines on crypto-assets outline staff competency requirements to enhance investor protection and trust in volatile markets.
Assessing Malta's Crypto Licensing Under MiCA: Implications for Shiba Inu and Shibarium
EU's ESMA flags issues in Malta's MiCA crypto licensing, urging scrutiny for crypto asset service providers ahead of potential impacts on Shiba Inu projects.
Tasmania Cracks Down on Crypto ATMs Amid Rising Scam Concerns
Tasmania police reveal that the top 15 users of crypto ATMs are scam victims, losing AUD 2.5 million during a crackdown on crypto scams.
ECB Advocates for Digital Euro as a Modern Cash Substitute
The ECB promotes the digital euro as a sovereign cash alternative, aiming to enhance payment autonomy and counter the rise of stablecoins in Europe.
US Senate Proposes Sanctions Against El Salvador Over Human Rights and Bitcoin Transactions
The US Senate has introduced the El Salvador Accountability Act to impose sanctions on human rights violations linked to bitcoin usage in El Salvador.
Pakistan Moves Forward with Digital Currency Pilot and Virtual Asset Regulation
The Central Bank of Pakistan plans to launch a digital currency pilot while finalizing regulations for virtual assets to modernize its financial system.
