Crypto regulation Financial News
25.10 / 11:17
Binance
crypto regulation
Binance is Reportedly Behind New Hong Kong Crypto Exchange Seeking License
Crypto exchange giant Binance seems to have connections with a newly established cryptocurrency trading platform in Hong Kong that has announced its intention to apply for a license in the city, according to a South China Morning Post report.
24.10 / 12:41
crypto regulation
Crypto Adoption
stablecoin regulation
transaction volume
Stablecoins Surpass Mastercard and PayPal in Transaction Volume While U.S. Fails to Maintain Leadership
In 2022 stablecoins have eclipsed both Mastercard and PayPal in transaction volume, reaching an impressive sum of nearly $6.87 trillion last year. Despite their critical role in the crypto economy, however, the United States is falling behind in stablecoin policy and global competitiveness.
18.10 / 08:09
crypto regulation
Crypto Crime
Singapore Establishes Task Forces to Assist Police in Crypto-Related Crimes
Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes.
17.10 / 12:23
crypto regulation
JPEX scandal
JPEX Scandal Undermines Trust in Crypto Among Hong Kongers, Survey Reveals
Attitudes toward crypto in Hong Kong have taken a hit, as a new survey reveals a growing aversion to virtual assets in the aftermath of the JPEX scandal.
16.10 / 21:49
SEC
crypto regulation
2024
SEC Announces Increased Oversight of Cryptocurrencies in 2024 Fiscal Plan
The U.S. Securities and Exchange Commission (SEC) released its fiscal plan for 2024 today, detailing a heightened regulatory focus on cryptocurrency and associated financial technologies. This report comes from the SEC's Division of Examinations and outlines the agency's approach to emerging market risks.
09.10 / 08:59
crypto market
crypto regulation
crypto market cap
South Korea's Crypto Market Cap Nearly Doubles in First Half of 2023, Surpasses $21 Billion
South Korea's virtual asset market has experienced a significant surge during the first half of 2023, reaching a total market cap of $21.1 billion.
06.10 / 05:01
crypto regulation
BIS
New BIS Plan Mandates Banks to Disclose Crypto Holdings
The Basel Committee on Banking Supervision has unveiled a new plan that will require banks to disclose their cryptocurrency holdings.
05.10 / 17:21
crypto regulation
JPEX scandal
JPEX Scandal Sparks Creation of Hong Kong Police Crypto Crimes Group
On October 4, the Securities and Futures Commission (SFC) of Hong Kong, in collaboration with the Hong Kong Police, announced the formation of a special group to monitor and investigate crimes related to crypto exchanges.
05.10 / 08:49
Latin America
crypto regulation
Caribbean
Cryptoasset Ecosystem Booms in Latin America and Caribbean: Study
The Inter-American Development Bank (IDB) and the Cambridge Centre for Alternative Finance (CCAF) have jointly released a report that provides growing trends in the cryptocurrency industry in Latin America and the Caribbean.
05.10 / 04:59
crypto regulation
JPEX
Hong Kong Crypto Exchange JPEX Launches DAO Stakeholder Dividend Plan Amid Scandal and Arrests
Hong Kong's troubled crypto exchange JPEX has announced plans to move forward with its DAO Stakeholder Dividend Plan.
04.10 / 06:21
crypto regulation
Ponzi
Promoters and Attorney of $100 Million Crypto Mining Ponzi Scheme Sentenced to Prison
Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release.
03.10 / 09:21
Crypto exchanges
crypto regulation
Dark Web
India Planning to Launch Global Database of Crypto Exchanges by Next Year
India is planning to introduce a comprehensive global database of cryptocurrency exchanges to help law enforcement agencies combat crypto-related crimes.
28.09 / 08:01
crypto regulation
us sec
us house
committee
US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed 'Tonya Harding of Regulation'
In a congressional hearing on September 27, the chair of the United States Securities and Exchange Commission (SEC) Gary Gensler, faced a barrage of questions and criticisms regarding the oversight of crypto markets.
27.09 / 01:43
Gemini
crypto regulation
MICA
Crypto Exchange
services
regulatory
Gemini to Halt Crypto Services in the Netherlands Due to Regulatory Pressure - Here's What You Need to Know
Crypto regulation in the Netherlands has led Gemini to discontinue its services in the country. In an email sent to users today, the exchange announced that it will cease offering its services starting November 17, 2023.
26.09 / 09:43
Blockchain
Digital
Progressive
Bill
crypto regulation
Us government shutdown
Is Another US Government Shutdown on The Horizon?
Over the next week, the United States government faces the possibility of a shutdown as House Speaker Kevin McCarthy grapples with internal political pressures regarding spending plans.
26.09 / 09:13
Crypto exchanges
crypto regulation
committee
regulatory
Nine Crypto Firms in Taiwan Form Working Committee to Foster Regulatory Push
Taiwan’s crypto community is coming forward to establish a working group in mid-October to “effectively integrate” digital currency adoption and self-compliance, in a move to “establish an effective and smooth communication channel with the government.”
26.09 / 01:21
SEC
crypto regulation
Crypto Regulation Needs Teeth: Ex-SEC Official Pushes for DOJ Involvement
The issue of crypto regulation in the United States has intensified following outspoken criticisms from John Reed Stark, a former SEC official, on Saturday.
25.09 / 07:07
crypto regulation
Crypto Adoption
regulatory
India Struggles to Curb Rising Crypto Frauds, Victims Left in a Legal Abyss Amid Regulatory Ambiguity
India is currently witnessing an alarming surge in cryptocurrency-related frauds, leaving investors in despair and criminals largely unchecked.
21.09 / 17:13
crypto regulation
Crypto Adoption
businesses
California Revisits Stringent Licensing for Crypto Businesses with New Bill AB 39 - Here's What You Need to Know
California is once again taking steps to tighten crypto regulation with a new bill, AB 39, introduced on Tuesday.
19.09 / 23:21
Binance
crypto regulation
Bitcoin Trading Volume
Binance Sees Big Drop in Bitcoin Trading Volume Amid SEC Scrutiny
Binance has seen a massive drop in Bitcoin trading volume this month according to new data from K33 Research. A new report revealed that the platform's 7-day average spot trading volume for Bitcoin has plummeted by 57% since the beginning of September.
19.09 / 20:09
coinbase
crypto regulation
crypto legislation
Coinbase Attempts to Push Crypto Legislation Forward in U.S. with Latest Moves
Coinbase is intensifying its efforts to bring about positive changes in U.S. legislation in the crypto sector with a new media campaign it launched today. The company is spearheading multiple initiatives aimed at influencing lawmakers and ensuring clearer crypto regulation.
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