Regulation news · Page 7
SEC Highlights Tokenization Risks in 2027 Exam Agenda
The SEC has included tokenization risks in its fiscal 2027 examination list, focusing on evolving market infrastructure and investor protection.
Amid Stalled CLARITY Act, Can Congress Forge New Paths for Crypto Taxation?
The Senate faces challenges advancing the CLARITY Act, while new tax proposals for cryptocurrency could gain traction in Congress, altering digital asset regulations.
Senator Lummis Decries Democratic Opposition to Enhanced Crypto Regulations in CLARITY Act
Senator Lummis criticizes Democrats for blocking the CLARITY Act, aimed at tougher crypto crime penalties and essential investor protections.
New York Attorney General Seeks $1.3 Billion from Founders of NovaTech in Crypto Fraud Case
New York AG seeks $1.3 billion from NovaTech founders for a crypto scam that affected thousands, securing $6M in settlements from promoters.
HSBC Unveils RedCoin: A New Stablecoin for PayMe Users in Hong Kong
HSBC launches RedCoin, a Hong Kong dollar stablecoin for retail payments through its PayMe app, enabling safe and easy transactions for millions.
New Regulations from Bank of Korea Require Crypto Exchanges to Report User Holdings for Overseas Transfers
The Bank of Korea mandates new reporting for crypto exchanges on users' overseas holdings, effective December 2, enhancing digital asset oversight.
South African Government Reassesses Crypto Regulations Following Public Criticism
South Africa's Finance Minister signals a reconsideration of controversial crypto regulations after public backlash, aiming for a more balanced approach.
Southeast Asia embraces stablecoins with Singapore's BLOOM initiative
Malaysia and Thailand join Singapore’s BLOOM initiative to enhance cross-border payments using stablecoins, aimed at reducing costs and improving efficiency.
Kraken's Payward Secures Regulatory Nod for Kazakhstan Operations Amid Crypto Regulation Shift
Kraken seeks to expand into Kazakhstan's regulated crypto market after receiving in-principle approval to offer trading and custody services.
Chainlink Collaborates with LG CNS to Boost South Korea's Digital Asset Sector
Chainlink partners with LG CNS to launch blockchain infrastructure in South Korea's $68B crypto market, enhancing digital asset services and connectivity.
BIT Asset Management's Bitcoin Fund ETF Set to Launch on Swiss Exchange
Switzerland's FINMA has approved the first Bitcoin ETF for retail investors, allowing direct Bitcoin investment via the SIX Swiss Exchange.
Circle's Shareholder Takes Legal Action Against Trump, World Liberty, and Witkoff Over Crypto Transactions
A Circle shareholder has filed a lawsuit against Trump, World Liberty, and Steve Witkoff claiming corruption harmed Circle's USDC stablecoin competitiveness.
Unmasking a Mafia-Operated Underground Bank in Italy: €110 Million Scheme Exposed
Italian police have exposed a €110M mafia banking scheme using crypto, operated via a car-rental business near Milan, revealing ties to major criminal organizations.
Thailand's SEC Reports Interest in Cryptocurrency ETFs Amid Lack of Applications
Thailand's SEC reports interest in crypto ETFs from asset managers but notes no applications have been submitted yet. Regulatory timeline remains uncertain.
SoFi introduces innovative interest-bearing digital deposit at 4.40% APY
SoFi has launched SOFIE, a tokenized bank deposit offering 4.40% APY and FDIC insurance, allowing seamless conversion to cryptocurrency.
Bybit Secures Spot Trading License in Dubai, Plans to Pursue Derivatives Authorization
Bybit has acquired a spot trading license in Dubai, marking a significant step in its expansion within the UAE market, and aims to pursue derivatives approval next.
Coinbase Ireland Faces €3.25 Million Fine Over Customer Fund Protection Deficiencies
Ireland's central bank fines Coinbase €3.25 million for failing to safeguard customer funds, with shortfalls reaching €5.2 million in 2024.
South Korea Moves Towards Cryptocurrency Regulatory Framework Ahead of 2027 Tax Implementation
South Korea's Digital Asset Basic Act is nearing completion as regulators finalize cryptocurrency regulations ahead of a looming 2027 tax deadline.
Albuquerque, Inspired by Breaking Bad Lore, Takes Action Against Bitcoin ATMs Amid Rising Fraud Concerns
Albuquerque bans Bitcoin ATMs to combat cryptocurrency fraud, with new laws targeting operators and protecting vulnerable residents.
New Regulatory Framework Under GENIUS Act Transforms Competition Between USDC and USDT
Discover how the GENIUS Act is reshaping the USDC vs. USDT landscape, impacting regulatory compliance and market dynamics in the US stablecoin sector.
