Regulation news · Page 39
Binance Restores Access in the Philippines with SEC Approval under Sandbox Framework
Binance Philippines returns with website access restored under SEC supervision, utilizing BlockShoals as a local intermediary to ensure regulatory compliance.
Evernorth Revises SEC Filing Ahead of Ambitious $1 Billion XRP Treasury Launch
Evernorth updates its SEC filing for a $1B XRP treasury, detailing new executive compensation as it moves toward its Nasdaq listing.
Crackdown on Unlawful Bitcoin Mining in Malaysia Leads to Arrests and Equipment Seizure
Malaysian police arrest two men for illegal Bitcoin mining, seizing 73 rigs linked to stolen electricity in coordinated raids across multiple properties.
Bank of Korea Achieves Milestone in Tokenized Cross-Border Payments with Project Agora Tests
The Bank of Korea tests tokenized reserves in cross-border payments under Project Agora, enhancing digital finance and payment infrastructure.
Samsung SDS's Strategic Push into Stablecoin Infrastructure with Dunamu Collaboration
Samsung SDS and Dunamu are collaborating to develop stablecoin infrastructure, integrating blockchain, AI, and cloud technologies for digital assets.
South Korea Urged to Establish Temporary Guidelines for Stablecoins Amid Ongoing Crypto Legislation
South Korea plans interim stablecoin licensing guidance to address crypto law delays, ensuring clear rules for businesses before the Digital Asset Basic Act finalizes.
U.S. Targets Iranian Shipping Firms for Crypto Insurance Links
The U.S. imposes sanctions on Iranian maritime firms over Bitcoin payment schemes linked to the IRGC, targeting revenue collection from vessel traffic.
Japan's Early Adoption of XRP: Insights from Evernorth on a Decade of Strategic Growth
Explore how Japan recognized XRP's potential early, building a thriving banking system while others debated crypto regulations. Learn more from Evernorth's insights.
White House Crypto Adviser Patrick Witt Critiques Banking Executives Seeking Tighter Stablecoin Regulations
Patrick Witt responds to 134 banking leaders opposing the CLARITY Act, which seeks to ban interest on stablecoins amidst Senate delays and growing concerns.
Navigating the Complexities of Cryptocurrency Tax Reporting
Explore the complexities of crypto tax reporting and the shift from spreadsheets to accurate transaction histories as regulations evolve.
Hong Kong's OSL Digital Securities Offers Retail XRP Trading Amidst US Regulatory Uncertainties
OSL Digital Securities has launched XRP retail trading in Hong Kong, marking the first regulated platform for retail investors to access this digital asset.
SEC Chair Warns of Self-Imposed Crypto Regulations if Clarity Act Lacks Progress
SEC Chair Paul Atkins states the agency will create crypto market rules if Congress fails to pass the Clarity Act, ensuring regulatory clarity for the industry.
Binance Faces Google Play Removal in Select EU Regions Amid Regulatory Compliance Speculation
The Binance app is missing from Google Play in some EU countries, possibly due to new compliance requirements linked to the MiCA framework.
Navigating the Path: Can Crypto Legislation Survive Year-End Bills?
Explore whether the CLARITY Act can succeed by being attached to must-pass legislation as the Senate faces procedural hurdles and deadlines ahead of midterms.
Russia's Central Bank Introduces Comprehensive Regulations for Cryptocurrency Market Setup
Russia's central bank proposes draft rules for crypto exchanges and digital depositories as it prepares for a regulated market launch on September 1.
Hungary Eliminates Controversial Crypto Validator Requirement to Comply with EU MiCA Regulations
Hungary repeals crypto validator checks to align with the EU's MiCA framework, encouraging crypto firms to restore operations and enhance market stability.
Exploring Uzbekistan's New Beshkala Mining Valley: A Gateway for Crypto Investment
Uzbekistan's Beshkala Mining Valley aims to attract licensed crypto miners with tax incentives and expanded power options, enhancing economic growth in Karakalpakstan.
FCA Identifies Cross-Border Payments as Key Opportunity for Stablecoins
The FCA reports that stablecoins have limited retail payment appeal in the UK, primarily benefiting cross-border transactions and trade finance.
South Korea to unify crypto regulations while opposing tax amendment emerges
South Korea’s Financial Services Commission proposes a consolidated Digital Asset Basic Act amid plans for a 22% crypto tax set to start in 2027.
Major US Banks Unite to Launch Tokenized Deposit Network as an Alternative to Stablecoins
JPMorgan and three major US banks are creating a shared deposit token network to enable real-time blockchain payments within the regulated banking system.
