Regulation news · Page 66
KB Financial Group Trials Won-Denominated Stablecoin for Payments and Remittances
KB Financial Group is testing a won-denominated stablecoin in South Korea for offline payments and remittances, aiming for a launch amid evolving regulations.
Hana Bank Eyes Stake in Dunamu Amid Regulatory Scrutiny on Banking Rules
Hana Bank's $668M stake in Dunamu prompts South Korea's regulators to review banking rules on commercial business involvement amid crypto investment guidelines.
Bitcoin Depot Initiates Chapter 11 Bankruptcy Amid Regulatory and Financial Strain
Bitcoin Depot files for Chapter 11 bankruptcy after increased regulatory scrutiny and financial losses, marking a significant shift in the crypto ATM industry.
Bank of England and FCA outline strategic framework for tokenisation in UK's financial markets
The FCA and Bank of England unveil a unified vision for tokenisation in UK wholesale markets, enhancing efficiency and regulatory clarity for firms.
Co-founder of Forsage crypto scheme enters not guilty plea amid $340 million fraud allegations
Forsage co-founder Olena Oblamska pleads not guilty in $340M Ponzi scheme case after extradition from Thailand, facing serious federal charges.
KuCoin Takes Significant Steps in Australia with New Products and Regulatory Compliance
KuCoin Australia unveils KuCard, enhancing crypto usability for everyday purchases, amidst growing regulatory focus and market investment.
International Coalition Strikes Against Dubai Cryptocurrency Fraud Syndicates
China, the US, and UAE conduct a joint operation in Dubai to combat crypto scams, leading to 276 arrests and dismantling of fraud dens.
Japanese Brokerages Explore Cryptocurrency Investment Trusts Ahead of Regulatory Changes
SBI, Rakuten, and Nomura are set to launch crypto investment trusts in Japan, enabling retail investors to access digital assets through traditional securities accounts.
Lawsuit Seeks Release of $344 Million in USDT Frozen Due to Sanctions Against Iran
A lawsuit seeks to compel Tether to hand over $344 million in frozen Iranian funds to a New York court, raising concerns about stablecoin issuer liabilities.
Urgent Call for CFTC Nominations as CLARITY Act Aims to Reform Crypto Oversight
Trump urged to nominate CFTC members as lawmakers push for tighter regulations on digital assets amid new CLARITY Act developments.
Myanmar's Military Unveils Harsh Penalties with New Anti-Online Scam Legislation
Myanmar proposes life imprisonment for crypto scam operators in new legislation aimed at combating digital currency fraud and online scams.
Poland Moves Forward with Crypto Regulation Amid Zondacrypto Scandal
Poland has passed a crypto assets bill to meet EU MiCA rules, amid growing scrutiny following the Zondacrypto fraud investigation, impacting millions.
Bitget Strengthens Its Position in Mexico, Enhancing Latin American Operations
Bitget secures regulatory approval in Mexico to expand its presence in Latin America, enhancing compliance amid rising crypto adoption in the region.
Visa and WeFi Launch Exploration into On-Chain Banking for Stablecoin Transactions
Visa and WeFi are launching an on-chain banking pilot using stablecoins for card payments, expanding access across Europe, Asia, and Latin America.
Augustus Bank's Vision for AI Integration in Banking Following OCC Approval
Augustus Bank plans AI-driven banking after rare OCC approval, aiming to innovate payment systems and address traditional banking inefficiencies.
Negotiations with CFTC mark pivotal moment for Polymarket and prediction markets in the US
Exploring Polymarket's discussions with the CFTC to lift its US ban on prediction markets, affecting how reality is priced in public.
South Korea's Financial Services Commission to Introduce Tokenized Securities Regulations by July
South Korea's FSC aims to unveil tokenized securities regulations by July, enhancing investment options and supporting upcoming Capital Markets Act changes.
Senator Warren Criticizes Clarity Act, Claiming It Jeopardizes Economic Stability - Analysis Reveals Broader Implications
Senator Elizabeth Warren opposes the Clarity Act, arguing it jeopardizes economic stability by promoting digital asset investment, igniting a crypto regulation debate.
Court Urges Tether to Release Blocked USDT Linked to Iran for Terrorism Victims
Tether faces a court order to hand over over $344 million in frozen USDT linked to Iran to victims of terrorism, highlighting its role in crypto regulation.
OKX Moves to Acquire 20% Interest in Coinone, Expanding in South Korea's Crypto Market
OKX seeks to acquire a 20% stake in South Korea’s Coinone, enhancing its market presence in the crypto industry alongside Korea Investment & Securities.
