Regulation news · Page 53
Japanese Authorities Capture Hu Xiaowei, Key Executives Linked to Prince Group's Alleged $15 Billion Crypto Fraud
Japanese police arrested Hu Xiaowei, a senior figure of Cambodia’s Prince Group, linked to a $15B crypto fraud and U.S. sanctions for residency fraud.
Bank of England Abolishes Stablecoin Holding Restrictions in new Regulations
The Bank of England's final rules lift caps on stablecoin holdings, easing reserve requirements to promote innovation in UK digital payments.
South Korea Expands Financial Sandbox to Include Digital Asset Regulations
South Korea plans to include digital asset services in its regulatory sandbox, promoting innovation in blockchain and fintech through new regulatory exemptions.
Dash Considers the Philippines for Crypto Payment Expansion Amid Regulatory Scrutiny
Dash is exploring the Philippines for crypto payments, focusing on regulatory compliance and local market assessment ahead of potential expansion.
Hester Peirce, 'Crypto Mom', Announces Departure from SEC to Teach Law
SEC Commissioner Hester Peirce, known as 'Crypto Mom,' will leave the agency in November to join Regent University, continuing her work in crypto regulation.
SEC Philippines Embraces Tokenization to Enhance Investment Opportunities and Combat Scams
The Philippine SEC is ready for the tokenization of real-world assets, enhancing investment options and protecting investors from scams.
Argentina's Javier Milei Paves the Way for Crypto Growth with Tax Exemption for Exchanges
President Milei's new executive order exempts registered crypto exchanges from Argentina's 1.2% 'cheque tax', benefiting users and encouraging crypto adoption.
FBI's Kash Patel Intensifies Crackdown on 'Pig Butchering' Crypto Scams, Pledging Justice for Victims
FBI Director Kash Patel vows to combat "pig butchering" crypto scams, aiming to protect victims and bring criminals to justice.
Former Crypto Promoter Found Guilty of Nearly $1 Million Investment Fraud
A former cryptocurrency promoter was convicted for fraud, costing investors nearly $1M through deceptive claims of no-risk returns in the Crypto-Pal scheme.
EU Implements Stricter Anti-Money Laundering Regulations on Crypto Firms, Leaving Private Bitcoin Transfers Intact
The EU's new regulations ban crypto firms from supporting privacy coins, while Bitcoin transfers between private wallets remain unaffected by identification requirements.
Understanding the CLARITY Act: Key Aspects of the New Crypto Legislation
The CLARITY Act aims to clarify U.S. cryptocurrency regulation by categorizing digital assets into three types to provide clearer oversight and consumer protections.
WhiteBIT EU Achieves MiCA Authorization in Austria, Enhancing Its Regulated Crypto Offerings in Europe
WhiteBIT EU secures MiCA license in Austria, enhancing regulated crypto services across Europe and reinforcing its commitment to a secure digital asset ecosystem.
Framework with BlockShoals Enables Binance to Trade in the Philippines, Legal Expert Confirms
Binance resumes trading for Philippine users under an SEC framework via BlockShoals, despite lacking a local VASP license or peso transfer authorization.
The CLARITY Act Advances in the Senate: Will Seven Democrats Propel It Forward?
The CLARITY Act is poised for a Senate vote, requiring seven Democratic votes to pass, as the August recess deadline approaches.
South Korea Considers Licensing Framework for Fintech Firms in Cross-Border Crypto Transfers
South Korea is considering allowing fintech firms to obtain licenses for cross-border crypto transfers, expanding participation beyond traditional exchanges.
G7 Leaders Unite Against North Korea's Cybercrime and Crypto Theft Epidemic
G7 leaders warn of North Korea's ongoing cryptocurrency thefts, urging joint action against their cybercrimes amid rising digital asset theft concerns.
HKEX and HKMA Test e-HKD for Enhanced Margin Payments in After-Hours Derivatives Trading
Hong Kong initiates a pilot of e-HKD to facilitate after-hours derivatives margin payments, enhancing financial efficiency and risk management.
AllUnity Unveils SEKAU: A Swedish Krona Stablecoin Backed by EU Regulations
AllUnity launches SEKAU, a fully reserved Swedish krona stablecoin regulated under EU's MiCA, aimed at institutional payments and cross-border transactions.
Latin America Leads Global Stablecoin Adoption with 71% of Institutions Utilizing Them for International Transactions
A new report reveals that 71% of Latin American institutions are using stablecoins for cross-border payments, marking the highest adoption rate globally.
China Enhances Digital Yuan Global Reach by Integrating 26 Institutions into Cross-Border Network
China's Central Bank has onboarded 26 global institutions to its digital yuan cross-border payment network, boosting international adoption of its CBDC.
