Regulation news · Page 26
MoneyGram Introduces Visa Debit Card for Stablecoins, Following Western Union's Recent Launch
MoneyGram introduces a Visa stablecoin card for remittances, enhancing crypto payment options in Colombia, following Western Union's similar move.
European Financial Entities Advocate for Lifting Limits on Tokenized Assets
EU finance groups urge removal of a proposed 100 billion euro cap on tokenized securities, advocating for a higher baseline to foster growth in the sector.
MAKE Group Unveils Astralbeam: A New Cross-Chain Protocol for Tokenized Real-World Assets on Casper Blockchain
MAKE Group launches the Astralbeam protocol, connecting Casper blockchain to $32B in tokenized real-world assets for secure, compliant transactions.
XRP Options from Canadian ETFs Set to Enter U.S. Market Following SEC Filing
XRP ETF options are now more accessible in the U.S. market thanks to a Canadian filing, enhancing institutional adoption of XRP derivatives.
Singapore Exchange Gains CFTC Approval for U.S. Access to Crypto Futures
The CFTC has authorized Singapore Exchange to provide U.S. institutional investors direct access to Bitcoin and Ether perpetual futures, enhancing crypto trading.
Binance to Cease Support for Pax Dollar (USDP) by September 24, 2023
Binance has set a September 24 deadline for delisting Pax Dollar (USDP), affecting trading, deposits, and various exchange services.
Significant Increase in Crypto Gifts to Minors in South Korea Ahead of New Tax Regulations
South Korea sees a surge in crypto gifts to minors, with reported transfers rising 2.7 times ahead of upcoming 2027 tax regulations on digital assets.
Fidelity Advances Its Digital Dollar: FIDD Stablecoin Enters Financial Landscape
Fidelity Digital Assets launches the FIDD stablecoin, designed for payments and settlement in on-chain finance, targeting institutional needs with a $50 million market…
Virginia Man Concealed Millions in Crypto While Claiming Near Poverty in Bankruptcy
A Virginia man, Jihoon Park, hid millions in crypto while claiming just $0.34 in bankruptcy, after being convicted of defrauding investors of over $2.5 million.
Chelsea FC Partners with Circle: A Groundbreaking Crypto Sponsorship Amid Regulatory Ambiguity
Circle's USDC brand features on Chelsea's shirts, marking a notable crypto sponsorship amidst FCA's regulatory scrutiny ahead of new rules in 2027.
U.S. Bank Launches Pilot Program for Cross-Border Stablecoin Transactions Using Stellar Blockchain
U.S. Bank successfully tests its proprietary USBDC stablecoin for cross-border payments on the Stellar blockchain, validating its Digital Asset Platform.
CCI and Blockchain Association File Lawsuit Against Illinois' Cryptocurrency Tax Ahead of 2027 Implementation
Trade groups CCI and Blockchain Association aim to block Illinois' new 0.2% crypto tax, citing constitutional violations and compliance burdens before January 2027.
PayPal Launches PYUSDx, Enabling Custom Stablecoins with $100 Million in Transaction Volume
PayPal's PYUSDx stablecoin platform achieves over $100 million in volume, enabling businesses to create custom stablecoins effortlessly.
UK's National Economic Crime Centre Highlights Crypto's Role in Money Laundering
The UK Crime Agency warns that criminals are innovatively using crypto assets for money laundering, surpassing traditional methods and creating new challenges.
Former Silvergate CEO Accuses Biden Administration of Pressuring Bank into Liquidation
Former Silvergate CEO Alan Lane claims Biden administration pressure led to the bank's 2023 liquidation, despite its solvency.
Authorities in Mexico Target Illegal Crypto Mining Operation, Seizing 300 Rigs Tapping into Hydroelectric Power
Mexican authorities seized 300 illegal crypto mining rigs drawing power from a hydroelectric dam, highlighting a crackdown on electricity theft.
XRP ETFs Show Growth with $11.4M in Schwab's Institutional Collateral
XRP ETFs gain traction with $11.4M collateral in Schwab's repo pool, highlighting institutional interest amid broader crypto market trends.
Retailers in the UAE Embrace DDSC Stablecoin Payments in Innovative Pilot Program
UAE retailers are piloting the acceptance of DDSC, a Central Bank-licensed AED-backed stablecoin, enhancing payment options at select stores.
Tether Takes Action: $39.3 Million USDT Frozen Linked to Xinbi Guarantee
Tether freezes $39.3 million USDT linked to Xinbi Guarantee, a key move against illicit crypto transaction networks related to Telegram escrow platforms.
ARK Seeks SEC Approval for Innovative Tokenized Share Class in $562 Million Venture Fund
ARK Investment Management seeks SEC approval to introduce a tokenized share class for its $562M venture fund, utilizing blockchain technology for ownership records.
