Regulation news · Page 45
Paul Grewal departs from Coinbase's legal leadership as Senate prepares for CLARITY Act review
Paul Grewal resigns as Coinbase's chief legal officer before the critical CLARITY Act vote, transitioning to an advisory role amid evolving crypto legislation.
Trump Administration Dismisses SEC Nomination Criticism Ahead of CLARITY Act Vote
The Trump White House refutes claims of SEC nomination delays, emphasizing its involvement in the ongoing CLARITY Act discussions amidst bipartisan negotiations.
Hong Kong Regulator Implements Stricter Login Security for Crypto Firms
Hong Kong's SFC mandates crypto trading platforms to replace SMS authentication with advanced phishing-resistant methods to combat rising fraud risks.
Bank of Korea reinforces bank-led stablecoin strategy amid legislative impasse
The Bank of Korea supports a bank-led stablecoin plan amidst stalled legislation in South Korea, emphasizing the need for regulatory oversight.
Labour Party Aims for Lasting Ban on Crypto Political Donations in UK
Labour MPs aim to make the UK ban on cryptocurrency political donations permanent, citing concerns over financial transparency and democratic integrity.
PayPal's Stablecoin PYUSD Now Integrated into Polygon’s Open Money Stack
PayPal USD (PYUSD) now available on Polygon's Open Money Stack, simplifying payments and compliance for businesses with native integration.
Investigation Reveals $123 Million Transferred by Young Crypto Launderer Linked to Romance Scams
A 20-year-old's crypto wallet laundered over $123M in romance-scam funds, leading to multiple arrests as part of a global anti-fraud operation.
Sony Bank Receives Conditional Approval for U.S. Dollar Stablecoin Trust Bank by OCC
Sony Bank receives conditional OCC approval to create Connectia Trust, aiming to issue a U.S. dollar stablecoin for digital content payments by 2027.
Concerns Rise as DOJ Memo Signals Potential Shift in Binance's Law Enforcement Cooperation
The DOJ warns that Binance will offer less cooperation in crypto cases, including no courtesy freezes, impacting asset recovery efforts for investigators.
Senator Ron Wyden Advocates for Legal Protections for Blockchain Developers in CLARITY Act
Sen. Ron Wyden calls on Congress to maintain protections for blockchain developers in the CLARITY Act, emphasizing legal certainty and focus on illicit activities.
Kraken Dominates MiCA-Regulated Crypto Exchanges Amid EU Regulation Changes
Kraken tops MiCA-regulated crypto exchanges in the EU with leading spot and perpetual liquidity, surpassing competitors like Coinbase and Crypto.com.
Alfa-Bank Aims for Crypto Services Amid Increasing Competition in Russia's Banking Sector
Alfa-Bank is set to launch crypto services in response to new Russian regulations, aiming to create a digital depository and trade various cryptocurrencies.
Malaysian Authorities Target Illegal Crypto Mining: Over 75,000 Rigs Seized in Nationwide Operations
Malaysia has seized over 75,000 crypto mining rigs in a crackdown on illegal power theft, involving extensive raids and arrests across the nation.
Historic Sponsorship: Ripple Partners with University of Kansas to Feature XRP on Jayhawks Uniforms
Ripple partners with Kansas Jayhawks to showcase XRP on team jerseys, marking a historic first for crypto in NCAA athletics and promoting education initiatives.
American CryptoFed Appeals to SEC for Locke Token Approval Ahead of Key Deadline
American CryptoFed seeks SEC approval for its Locke token before an Aug. 17 deadline, aiming to comply with federal securities laws.
OKX Expands Services in Europe with New Regulatory Approval
OKX founder Star Xu announces new regulatory authorization for expanding cryptocurrency services in Europe under the MiFID framework.
The Impact of MiCA on Europe's Cryptocurrency Landscape
MiCA has transformed Europe's crypto market, leading to a significant reduction in licensed firms and strict new regulations affecting all players.
Reserve Bank of India Reaffirms Opposition to Cryptocurrencies Amid Tax Compliance Challenges
India’s RBI reinforces its anti-crypto policy amid tax reporting challenges, urging banks to avoid digital assets to mitigate financial risks.
Toss Teams Up with Optimism to Trial Blockchain-Based Stablecoins in South Korea
Toss partners with Optimism to trial a South Korean won-linked stablecoin, focusing on blockchain infrastructure for secure institutional payments.
ESMA Initiates Evaluation of Digital Resilience in CASPs for Custody Operations
ESMA initiates a Common Supervisory Action to evaluate digital operational resilience in crypto asset service providers' custody operations, focusing on key risk areas.
