Regulation news · Page 35
Joint US-UK Recommendations Signal Need for Crypto Regulation Adaptation
The US and UK have proposed 10 non-binding recommendations for stablecoins and digital assets, guiding transatlantic financial cooperation.
Anchorpoint Initiates Gradual Release of Hong Kong Dollar-Backed Stablecoin HKDAP for Institutional Users
Anchorpoint has launched HKDAP, a Hong Kong dollar-backed stablecoin for institutional users, focusing on cross-border payments and tokenized asset settlements.
Bank of England Collaborates with Polygon Consortium to Revolutionize SME Trade Finance Testing
The Bank of England partners with Polygon and others to test digital pound trade finance for SMEs, enhancing payments and identity verification.
SBI and Nodeinfra Collaborate to Develop Innovative Cross-Border Payment System between Japan and South Korea
SBI and Nodeinfra join forces to create a Japan-Korea stablecoin network using Canton, aiming to enhance cross-border payments with reduced risk.
ASIC Takes Action Against Yepbit, Shutting Down Websites Amidst Investor Withdrawal Issues
The ASIC has shut down Yepbit's websites after reports of blocked withdrawals from investors, warning consumers about its lack of necessary licenses.
OCC Supports Digital Asset Firms in Pursuing U.S. Banking Charters
The OCC allows crypto firms to pursue U.S. bank charters, facilitating competition and innovation in digital finance as new applications arise.
Nasdaq's Acquisition of LeveL Markets Aims for Extended Trading Hours and Digital Integration
Nasdaq targets extended trading hours with the acquisition of LeveL Markets, enhancing its digital market infrastructure and alternative trading system capabilities.
Goliath Ventures and Founder Face Serious Legal Challenges Over Crypto Fundraising Scheme
Goliath Ventures faces SEC and CFTC actions over a $425M crypto fraud case involving false promises and investor losses, as founder Delgado pleads guilty.
Coinbase Establishes Abu Dhabi Hub for Tokenized Securities Following Regulatory Approval
Coinbase has gained regulatory approval in Abu Dhabi to handle tokenized securities, marking its international hub for onchain capital markets.
Itaú Unibanco Leads Charge in Brazil's Tokenization Pilot for Bonds and Investment Funds
Itaú Unibanco participates in a tokenization pilot with over 50 organizations to explore fixed-income securities and investment funds using blockchain technology.
Flowdesk Obtains Comprehensive Broker-Dealer License in Dubai
Flowdesk has received a full broker-dealer license in Dubai, enabling it to provide regulated crypto services to institutional investors.
Russia's Central Bank Proposes Bitcoin, Ether, and USDT for Regulated Crypto Trading
Russia's central bank proposes Bitcoin, Ether, and USDT for regulated crypto trading, marking a pivotal step in the country's crypto market framework.
Over 1,000 Crypto Firms in EEA Fail to Achieve MiCA Authorization by Deadline
Over 1,000 EEA crypto firms missed the MiCA authorization deadline, forcing them to leave the market or restructure, highlighting significant regulatory gaps.
SEC to Discuss Regulatory Framework for Cryptocurrency Offerings on August 14
The SEC will hold an open meeting on Aug. 14 to discuss proposed rules for crypto asset investment contracts, focusing on tailored offering regimes.
Concerns Raised as UK Legislators Seek Clarity from Banks on Cryptocurrency Services
UK lawmakers have urged bank CEOs to clarify their restrictions on crypto accounts, citing barriers for digital asset firms in the UK banking sector.
South Korea Eliminates 1 Million Won Threshold for Crypto Travel Rule Compliance
South Korea removes the 1M won crypto Travel Rule threshold, enhancing scrutiny on virtual asset transfers to bolster AML efforts.
Brazil's Cryptocurrency Sector Faces 2026 Licensing Deadline Amid Regulatory Overhaul
Brazil's $319B crypto market faces a crucial licensing deadline by October 30, 2026, impacting virtual asset service providers and regulatory compliance.
Could XRP Qualify as a Digital Commodity? Legal Expert Weighs In on CLARITY Act Specifications
XRP could comply with the CLARITY Act's criteria for digital commodities, as lawyer Bill Morgan argues it meets key ownership and governance requirements.
Delaying South Korea's Cryptocurrency Tax: Opposition Party Seeks Extension to 2030
South Korea's opposition proposes delaying the 22% crypto tax to 2030, allowing additional time for lawmakers to review the virtual asset tax system.
Regulatory Authority Halts Cryptolink's Crypto ATM Operations for Three Months
Australia's financial agency suspends Cryptolink's 96 Bitcoin ATMs for three months due to transaction reporting failures and concerns over high-risk activity.
