Bitstamp secures MAS approval for crypto services in Singapore
Bitstamp, a major European crypto exchange, secures in-principle approval from Singapore’s MAS. The Major Payment Institution (MPI) license allows Bitstamp...
Regulation
SEC Asks Judge to Fine Ripple $2 Billion in XRP Case — Ripple CEO Says ‘There Is Absolutely No Precedent for This’
The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing...
US Senators Push SEC to Stop Approving Spot Crypto ETFs — Say Other Crypto Markets Risker Than Bitcoin
Two U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to refrain from approving additional crypto...
EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts
A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and...
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security,...
SEC Chair Gensler Calls for More Regulatory Sunlight in Cryptocurrency Sector at Law Conference
At a recent gathering at the Columbia Law School Conference, Gary Gensler, the chair of the U.S. Securities and Exchange...
SEC Requests More Funding to Regulate Crypto Sector
The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s...
Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion
Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot...
Dubai International Financial Centre Enacts Digital Assets Law
The Dubai International Financial Centre (DIFC), one of the largest free zones of the Middle East, Africa, and South Asia...
Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry
The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country....
Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country
The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to be incorporated and maintain an office...
Hong Kong Securities Regulator Issues Warning Against ‘Unlicensed’ Crypto Platform Bybit
The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator...
Russia Regulates Use of Digital Assets for International Settlements
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed...
Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs
Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to...
South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion
The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the...
SEC Chair Gensler Cautions About Crypto Investing — Warns ‘Thousands’ of Crypto Tokens May Be Securities
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned about crypto investing. “This is a highly speculative asset...
UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests
The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch...
Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs
The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous...
SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry is filled with instances of...
Worldcoin Ordered to Stop Operations in Spain
Worldcoin, the biometric identity project, has been banned from operating in Spain for up to three months, according to a...
US Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions
A U.S. district judge has sided with the Securities and Exchange Commission (SEC) in a ruling that declares the trading...
Hong Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by June
Unlicensed cryptocurrency platforms will not be allowed to operate in Hong Kong starting next June, according to the Securities and...
