Regulation news · Page 25
EU Imposes Strict 24-Hour Reporting Regulations on Crypto Wallet Providers
The EU's new Cyber Resilience Act mandates crypto wallet providers to report vulnerabilities within 24 hours to enhance cybersecurity protections.
Petition Launched by South Korean Investors Aims for Two-Year Postponement of Crypto Tax
South Korean investors petition for a two-year delay on crypto taxes set to start in 2027, citing concerns over calculation difficulties and market conditions.
Concerns Arise in South Korea Over Privacy Issues in CBDC Development
South Korea's People Power Party warns against launching a CBDC without legal safeguards for privacy and consumer choice as Project Hangang advances.
Albuquerque Enacts Comprehensive Ban on Cryptocurrency ATMs in Effort to Combat Fraud
Albuquerque enacts strict ordinance banning crypto ATMs to combat fraud, targeting scams affecting vulnerable populations and ensuring safer financial practices.
UK Financial Conduct Authority Considers Exemptions for Tokenized Gold Regulations
The UK FCA is considering regulatory exemptions for tokenized gold products, aiming to simplify their use in financial markets and assess their regulatory needs.
House Ways and Means Committee to Review Cryptocurrency Tax Legislation on September 16
On Sept. 16, the U.S. House will review two bills affecting crypto tax policies for miners, stakers, and traders, aiming for clearer tax regulations.
Russia's Digital Ruble Sees Rapid Adoption With 87,000 Accounts in Just Ten Days
Russia's digital ruble launches nationwide, attracting 87,000 new accounts in just 10 days as users explore this new central bank digital currency.
Brazil's Cryptocurrency Market Faces Shake-Up As Stricter Regulations Loom
Strict capital rules in Brazil are causing a mass exit of crypto firms, with only a handful meeting new requirements set by the central bank.
Thailand's SEC Considers $151,000 Cap on Stablecoin Transfers
Thailand SEC proposes a daily cap of 5 million baht ($151K) on stablecoin transfers to enhance regulations against money laundering and cybercrime.
Ripple Clarifies Stablecoin Regulations as Institutions Assess RLUSD
Ripple clarifies stablecoin regulations and the distinct licensing requirements for its RLUSD, highlighting reserve rules and oversight for institutional use.
UK Cryptocurrency Companies Allocated Five-Month Approval Period by FCA
UK crypto firms have a five-month window to apply for FCA approval for a new regulatory regime starting in 2027, addressing industry uncertainties.
Emerging Dollar Stablecoin Set for 2027 Could Leverage DeFi for Yields, Warns Katana CEO on Risks for Holders
Katana CEO Matt Fisher discusses the risks and yield potential of a dollar stablecoin planned for 2027, emphasizing DeFi protocols and issuer limitations.
Albuquerque Implements Cryptocurrency ATM Ban Amid Fraud Concerns
Albuquerque has enacted a ban on Bitcoin ATMs due to high rates of fraud, giving operators 45 days to remove machines from the city.
Bitget Wallet Gains Membership in BCCC Amid Japan's Evolving Crypto Regulations
Bitget Wallet joins Japan's Blockchain Collaborative Consortium to engage in self-custody discussions, shaping the future of crypto regulations in Japan.
Mandatory Taxpayer IDs Required for Cryptocurrency Accounts in Russia as Market Regulations Tighten
Russia now requires taxpayer IDs to open crypto depository accounts, enhancing regulatory measures in its newly regulated digital currency market.
OSFI Clarifies Legal Status of Tokenized Deposits in Canada
Canada's OSFI asserts tokenized deposits are legally identical to traditional bank deposits, enabling innovation in digital finance for banks.
Caution Raised By Denmark’s Central Bank Over US Dollar Stablecoin Growth
Denmark's Central Bank warns of risks posed by U.S. dollar stablecoins despite low local adoption, urging vigilance due to global financial volatility.
Nu Expands Financial Services into the U.S. Market with Innovative Deposit Accounts and Credit Options
Nu has launched U.S. services offering deposit accounts, credit cards, and international transfers, granting early access to customers.
SEC Seeks to Allow Blockchain as Primary Security Ownership Record
The SEC proposes recognizing blockchain as official securities ledgers, updating transfer agent rules for efficient ownership recordkeeping.
House of Lords Approves Digital Asset Strategy Amendment Despite Labour Opposition
The UK House of Lords has backed a mandatory digital asset strategy, requiring the Treasury to address cryptoassets and stablecoins amid Labour's opposition.
