Regulation news · Page 80
Coinbase CEO Aims for Crypto Adoption by One Billion Users Amid Recent Developments
Coinbase CEO Brian Armstrong aims for crypto to reach 1 billion users, enhancing financial services with new innovations and technologies.
Industry Stakeholders Review Stablecoin Yield Provisions in Digital Asset Market Clarity Act
The CLARITY Act's stablecoin yield compromise faces mixed reviews from industry stakeholders as Senate discussions unfold, impacting crypto regulation.
Circle under fire for alleged inaction on $420 million in illicit USDC transactions
ZachXBT claims Circle failed to freeze $420 million in illicit USDC flows from 15 fraud cases, sparking debate on centralized issuer responsibilities.
FSS Directs Dunamu to Revise Naver Financial Stock Swap Filing Amid New Regulatory Challenges
The FSS has ordered Dunamu to amend its Naver Financial deal filings due to significant disclosure omissions, amid evolving digital asset regulations.
Concerns Surround World Liberty Financial: Ethical Implications of Trump's Crypto Venture
World Liberty Financial (WLFI) faces ethical scrutiny over its revenue structure benefitting Trump, raising conflict-of-interest concerns in crypto policy.
Nigeria's Central Bank Initiates Supervisory Pilot Program for Virtual Asset Providers, Includes KuCoin
KuCoin is selected as the sole global crypto exchange in Nigeria's CBN pilot program, aimed at enhancing regulatory oversight of virtual asset providers.
CME Group Sets 24/7 Trading Start Date for Crypto Futures and Options
CME Group announces May 29 as the start date for 24/7 trading of crypto futures and options, enhancing market opportunities for traders.
Coinbase Secures Conditional Trust Bank Charter, Emphasizes No Plans for Traditional Banking
Coinbase has received conditional approval for a national trust bank charter, enhancing its regulatory framework but will not operate as a traditional bank.
Lise Set to Launch Groundbreaking On-Chain IPO for ST Group, Paving the Way for Tokenized Equity Markets in Europe
Lise plans Europe's first fully on-chain IPO for aerospace supplier ST Group, revolutionizing tokenized equity markets in the EU.
Authorities Confiscate Over $600K in Cryptocurrency Linked to Phishing Scam Targeting Ledger Users
Discover how the U.S. Attorney's Office recovered $600K from a phishing scheme targeting Ledger wallet users, highlighting ongoing crypto fraud challenges.
Russia Implements Major Crypto Mining Ban, Affecting 50,000 Miners Across 13 Regions
Russia has banned crypto mining in 13 regions, affecting 50,000 miners to combat energy shortages, marking a significant regulatory shift in the industry.
SoFi Launches 'Big Business Banking' Platform for Unified Currency Management
SoFi's new Big Business Banking platform integrates fiat and crypto, enabling institutions to manage assets and streamline stablecoin settlements.
Bithumb Postpones IPO Plans Until After 2028 Amid Ongoing Regulatory Challenges
Bithumb postpones IPO plans to post-2028 amid regulatory scrutiny, focusing on internal controls and compliance following recent operational issues.
Alabama Becomes Second State to Legally Recognize Decentralized Autonomous Organizations
Alabama legally recognizes decentralized autonomous organizations (DAOs) under the new DUNA Act, providing them with liability protections and operational clarity.
Nishad Singh, ex-FTX engineering head, settles with CFTC for $3.7 million penalty
Nishad Singh, former FTX engineer, settles with CFTC, agreeing to a $3.7M penalty and bans, amid FTX's collapse and user fund misappropriation.
Treasury Department Opens 60-Day Feedback Period for GENIUS Act Stablecoin Guidelines
The U.S. Treasury proposes stablecoin rules under the GENIUS Act, allowing state oversight for smaller issuers, while ensuring strict federal compliance.
eToro Earns BitLicense to Enhance Crypto Trading Options for New Yorkers and Expands to 48 States
eToro wins a New York BitLicense, enabling crypto trading in 48 US states and enhancing market accessibility following a recent SEC settlement.
Arizona Moves Closer to Bitcoin Reserve Decision Amid Past Legislative Hurdles
Arizona's Bitcoin bill is close to a final vote, aiming to create a state cryptocurrency reserve and allow investment of public funds in digital assets.
Chinese Authorities Arrest Former Huione Group Chairman Amid Major Cybercrime Investigation
Cambodia extradites Li Xiong, ex-chairman of Huione Group, to China for his role in crypto scams and cybercrime as authorities crack down on illicit finance.
Haverhill Takes Action Against Crypto ATMs, Proposes Full Ban Within 60 Days
Haverhill, MA, enforces a 60-day ban on crypto ATMs to tackle fraud and user safety, amid rising scrutiny and regulatory pressure on digital asset kiosks.
