Regulation news · Page 188
Erebor's Stablecoin Venture: Navigating Risks in the Integration of DeFi and Traditional Banking
Experts warn that stablecoin banks like Erebor may inherit risks from DeFi's vulnerabilities, while offering new opportunities in finance integration.
Bank of England embraces stablecoins for wholesale transactions amid evolving policies
The Bank of England is open to allowing stablecoins for wholesale payments, marking a significant policy shift while prioritizing financial stability.
Bromley and Peckham Fraudsters Sentenced to Over 12 Years for £1.5 Million Cryptocurrency Scam
Two men, Bedi and Mavanga, sentenced to 12 years for defrauding victims of £1.5m in a crypto investment scam, targeting at least 65 investors.
Oregon's Attorney General Fights to Keep Coinbase's Securities Lawsuit in State Court
Oregon's AG opposes Coinbase's attempt to transfer its securities lawsuit to federal court, arguing for state jurisdiction in crypto enforcement.
The Evolution of Stablecoins: From Pegged Currencies to Regulated Assets in a Digital Economy
Stablecoins, crucial to cryptocurrency, aim for stability despite challenges. Learn about recent US legislation and BiyaPay's payment services.
Gate Research Institute Highlights Potential of PayFi to Spark Next Crypto Finance Boom
Gate Research Institute explores how PayFi could spark a sustainable crypto-finance boom by addressing real payment challenges and leveraging stablecoins.
Unraveling FTX's Bankruptcy: The Legal Battle Over Creditors' Assets
Explore the scandal surrounding FTX's bankruptcy as a liquidation team led by John Ray disclaims responsibility amidst asset sales harming creditors, especially Chinese…
KuCoin Reinvents Its Global Strategy Amid Regulatory Changes: Security and Compliance at the Forefront
KuCoin's new globalization strategy emphasizes compliance and security, aiming for growth in global markets while navigating the evolving regulatory landscape.
Rostec Pioneers Ruble Stablecoin Initiative Amid Economic Sanctions and Military Demand
Rostec to launch a Ruble stablecoin and RT-Pay platform for secure transactions, integrating with Russian banking and backed by real ruble obligations.
Daniel Ianello Requests Dismissal of Lawsuit Over Alleged Phoenix Crypto Scam
Phoenix FIRE investors claim exit scam by Daniel Ianello, who seeks to dismiss lawsuit alleging misappropriation of funds and shutdown of smart contracts.
People's Bank of China to Enhance Financial Innovation and Promote Digital RMB in Free Trade Zones
The People's Bank of China aims to enhance the Shanghai Experience to promote innovative uses of the digital RMB in pilot free trade zones.
Hong Kong set to emerge as crypto hub amid Singapore's tightened regulations
Hong Kong is set to become a leading crypto hub as firms shift from Singapore amid its regulatory crackdown on unlicensed crypto operations.
Victim Of $20M Crypto Scam Expands Legal Actions Against Two Banks, Claims Negligence
A victim of a $20M crypto scam sues Citibank and two other banks for negligence in failing to catch fraudulent transactions linked to a romance scam.
Huang Tianwei, founder of the defunct AEX exchange, granted bail in Thailand amid ongoing user fund crises.
Huang Tianwei, founder of the AEX exchange, has been released on bail in Thailand amid ongoing issues over user fund withdrawals after the platform's collapse.
Trial Date Approaches for Tornado Cash Co-Founder as Support Builds Amid Controversy
Roman Storm, co-founder of Tornado Cash, remains undecided on testifying in his upcoming trial facing serious charges of money laundering and sanctions violations.
Watchdog highlights IRS mishandling of cryptocurrency seizures and calls for crucial reforms
A watchdog report reveals the IRS Criminal Investigation division's failures in handling digital asset seizures, urging essential reforms for compliance.
Senator Cynthia Lummis Unveils Significant Digital Asset Tax Reform Bill Aiming for Fairness and Growth in the Crypto Sector
Senator Cynthia Lummis's new bill aims to reform cryptocurrency taxes, proposing small transaction exemptions and eliminating double taxation on staking.
Bahrain's Central Bank Introduces Groundbreaking Regulations for Stablecoin Issuance
Bahrain Central Bank introduces its first stablecoin issuance framework, establishing regulatory clarity and oversight for crypto activities in the region.
European Supervisory Authorities Collaborate with AMLA to Tackle Financial Crime
ESAs and AMLA sign Memorandum of Understanding to enhance cooperation and information exchange for effective financial sector supervision across the EU.
Chilean Authorities Target Tren de Aragua in Major Crypto Laundering Bust
Chile has cracked down on Tren de Aragua's crypto money laundering scheme, arresting 52 individuals involved in laundering over $13.5 million.
