Regulation news · Page 224
Hong Kong Strengthens Fintech Position and Virtual Asset Regulatory Framework
Hong Kong enhances its fintech landscape, climbing to fourth globally, and advances virtual asset policies to support financial growth and regulation.
SEC Closes Investigation into PayPal's PYUSD Stablecoin, Providing Regulatory Relief
The SEC has concluded its inquiry into PayPal's PYUSD stablecoin without enforcement, signaling reduced regulatory pressure on crypto firms.
UK to Collaborate with US on Cryptocurrency Innovation and Regulation
The UK Treasury plans collaboration with the US to enhance crypto innovation and regulation, aiming to position the UK as a global leader in the sector.
Russian Authorities Push for Stricter Regulations on Illegal Cryptocurrency Mining
Russia's AML agency aims to criminalize illegal crypto mining, tying it to money laundering. New legislation on penalties is in the works.
Senate Majority Leader Anticipates Stablecoin Legislation Vote Ahead of Memorial Day
US Senate Majority Leader John Thune anticipates a stablecoin regulation vote before May 26, as the GENIUS Act moves forward in Congress.
EU's New Guidance Raises Concerns Over Deleting Blockchains for GDPR Compliance
EU regulators propose that blockchain histories may need to be deleted to comply with GDPR, raising concerns about the future of public blockchains.
Official SEC Statement 2025-04-29
The SEC has extended the review period for NYSE Arca's proposed rule change to list and trade shares of the Bitwise Dogecoin ETF. Initially filed on March 3, 2025, and…
SEC Extends Review Period for Bitwise Dogecoin ETF Proposal as Cryptocurrency Interest Grows
The SEC extends the review period for the proposed Bitwise Dogecoin ETF listing, now due by June 15, 2025, to assess implications and comments.
SoFi Plans Bold Re-Entry into Cryptocurrency as CEO Outlines Blockchain Integration Across Services
SoFi CEO Anthony Noto announces plans to re-enter the crypto market, integrating blockchain across all products as regulatory conditions improve.
Official SEC Statement 2025-04-29
The SEC has charged Ramil Ventura Palafox, founder of PGI Global, with a fraudulent scheme that resulted in $198 million raised from global investors, with over $57…
SEC Sues PGI Global's Ramil Palafox for Alleged Cryptocurrency Fraud Worth $198 Million
The SEC charges Ramil Ventura Palafox with orchestrating a $198 million crypto fraud scheme, misappropriating over $57 million of investor funds.
Former Binance Executive: CBDCs Fall Short as Digital Innovations, Still Struggling for Adoption
A former Binance executive critiques CBDCs as costly imitations of fiat currencies, struggling with adoption and lacking real added value compared to traditional systems.
Bitrace's Crypto Crime Report Reveals Surge in Fraud and Stablecoin Freezing Efforts in 2024
Bitrace's 2024 Crypto Crime Report highlights a sharp rise in cryptocurrency fraud and stablecoin freezing activities, totaling $52.5 billion in losses.
HashKey Exchange Achieves Unprecedented Global Virtual Asset Insurance Coverage
HashKey Exchange leads in virtual asset insurance coverage globally, enhancing security for investors and complying with Hong Kong's strict regulations.
ESMA Releases Guidelines for Effective Crypto Market Supervision to Combat Abuse
ESMA issues new guidelines for National Competent Authorities to prevent market abuse in crypto assets, promoting effective supervision and a common framework.
Australia's AUSTRAC Targets Non-Operational Crypto Exchanges for Deregistration
Australia's AUSTRAC warns inactive crypto exchanges could face deregistration to combat misuse by criminals, aiming for a safer crypto environment.
Legal Triumph for Tornado Cash as Judge Blocks Treasury Sanctions
Tornado Cash wins a legal battle as a Texas judge blocks the US Treasury from reimposing sanctions, setting a significant precedent for crypto regulation.
Key Features for a Russian Ruble Stablecoin Discussed at Moscow Blockchain Forum
Explore key features for a Russian ruble stablecoin discussed at the Blockchain Forum in Moscow, emphasizing compliance, untraceable transactions, and KYC exemption.
Gate Group's Dubai Subsidiary Secures VASP License, Enhancing Global Compliance Strategy in the Middle East
Gate Group's subsidiary, Gate Dubai, has received a full operating license from Dubai's VARA, enhancing its compliance and expanding its services in the Middle East.
Federal Prosecutors Request Delay in Samourai Wallet Case Following DOJ's Shift in Crypto Enforcement
U.S. prosecutors seek a 16-day extension in the Samourai Wallet case amid a shift in DOJ crypto enforcement policy, impacting pretrial motions and charges.
