Regulation Financial News

26.10 / 14:11

Stablecoin regulation Bitcoin The UK has a new name for stablecoins and a new bill to regulate crypto

The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (BTC) cryptocurrency and “digital settlement assets” in the country.

26.10 / 10:15

Adoption regulation Elections Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with

A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact the outcome of the United States midterm elections. Significant numbers of voters are well-disposed toward crypto and want to see it treated as a serious and valid part of the economy, and bipartisanship is strong in the crypto community.

26.10 / 00:41

Government regulation Bitcoin Transactions Chinese agents used Bitcoin transactions through Wasabi to allegedly bribe US government employee

The United States Department of Justice has announced charges against two Chinese intelligence officers who allegedly bribed a double agent with Bitcoin.

25.10 / 22:19

regulation Congress lawmakers US lawmakers US lawmakers question regulators over ‘revolving door’ with crypto industry

Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the country regarding crypto firms hiring government officials upon their departure.

25.10 / 16:47

Adoption regulation Bitcoin TradFi South African crypto landscape primed for TradFi growth after FSCA ruling

South African financial service providers have been primed to offer cryptocurrency products and services to customers after regulatory amendments in the country.

25.10 / 09:21

business Blockchain regulation Terra Key witness called to testify at Terra parliamentary inquiry is a no-show

The CEO of venture capital firm Hashed and early Terra (LUNC) investor Kim Seo-joon has cited “extreme stress” following the Terra crash as the reason for his no-show at South Korea’s National Assembly's Political Affairs Committee.

25.10 / 09:11

regulation SEC Survey Investors are loving SEC's crypto industry crackdown, according to survey

The United States Securities and Exchange Commission’s (SEC’s) more-than-enthusiastic crackdown on the crypto industry is being seen as a positive signal for the majority of crypto investors, according to a new survey.

25.10 / 02:17

regulation crimes Police Australian Criminal use of crypto an ‘emerging threat’ — Australian police

Australia’s federal law enforcement agency has highlighted the criminal use of cryptocurrency as an “emerging threat” in the country but says it’s a continuous challenge to keep up the pace with criminals.

24.10 / 21:09

Stablecoin regulation Sunak Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

Rishi Sunak is set to become prime minister of the United Kingdom within days. Sunak was defeated for the top government post by Liz Truss on Sept. 5, but she resigned after 45 days in office. Indications so far are that his selection for the office is good news for the crypto industry.

24.10 / 16:29

regulation Africa Bitcoin Pan-African crypto exchange Yellow Card wins virtual asset license

African crypto exchange Yellow Card has received significant regulatory approval to continue expanding its operations across the continent.

24.10 / 15:13

Digital Currency regulation Bitcoin compliance S. Korean watchdog goes after crypto whales to ensure AML compliance

South Korea’s financial watchdog, The Financial Service Commission (FSC), would monitor crypto whales with assets of over 100 million won ($70,000) to prevent money laundering efforts using digital assets.

24.10 / 12:35

Adoption regulation credit cards International Japan’s International Payments System will test plastic cards for CBDC

Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently being tested by the Bank of Japan (BoJ).

22.10 / 01:01

regulation Assets advertisement crypto activities services Financial Amendment to UK financial services bill provides regulation for crypto activities

An amendment to the Financial Services and Markets Bill now before the United Kingdom's Parliament would extend the law’s powers to regulate financial promotion and other activities to crypto assets. The amendment was written by Member of Parliament and Financial Secretary to the Treasury Andrew Griffith.

21.10 / 14:05

regulation Investments NOT Not like China: Hong Kong reportedly wants to legalize crypto trading

Hong Kong is taking action to regain its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry.

21.10 / 08:51

Blockchain regulation crimes Interpol Put your hands up! Interpol storms into the Metaverse

The International Criminal Police Organization (Interpol) is putting on its virtual reality headsets as it prepares to crack down on an expanding list of “possible crimes” in the Metaverse.

21.10 / 06:47

regulation Gambling casino Metaverse casino served emergency cease and desist to halt NFT sales

A metaverse casino has been hit with simultaneous cease and desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered securities.

21.10 / 00:23

Blockchain Stablecoin regulation Acting US FDIC head cautiously optimistic about permissioned stablecoins for payments

Acting United States Federal Deposit Insurance Corporation (FDIC) chairman Martin Gruenberg spoke Oct. 20 about possible applications of stablecoins and the FDIC’s approach to banks considering engaging in crypto asset-related activities. Although he saw no evidence of their value, Gruenberg conceded that payment stablecoins merit further consideration.

20.10 / 21:49

regulation SEC security legislation place SBF: FTX to filter assets it thinks are securities from US listings until registration in place

Sam Bankman-Fried (SBF) has written a set of suggested standards for the crypto industry “while waiting for full federal regulatory regimes,” which were posted on the FTX Policy blog on Oct. 19. The post covers many of the questions facing regulators and operators, with specific reference to the United States at points. In particular, SBF outlined a plan for treating assets in the U.S. in regard to their status as securities or commodities. FTX will implement his plan, SBF wrote.

20.10 / 01:45

Blockchain UPS regulation Decentralization BoE policy talk: DeFi had better implement good governance before it’s too late

The lack of regulation and good governance in the crypto sector is more than a hindrance to businesses and lack of protection for users, it is an existential threat, Bank of England Financial Policy Committee external member Carolyn Wilkins said in a talk on Oct. 19. Decentralized finance (DeFi) would be a good place to start getting affairs in order, she said.

19.10 / 23:49

regulation Digital Asset services Financial South Africa declares crypto to be a financial product subject to financial services law

The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, published a notice Oct. 19 indicating that the country’s 2002 Financial Advisory and Financial Intermediary Services Act (FAIS) has been updated to include a definition of crypto assets. A decision of this type has been expected for several months. It brings crypto assets under regulation in South Africa for the first time.

19.10 / 18:01

Law Adoption regulation UK Law Commission expects 'substantial impact' from digital asset law review

The Law Commission of England and Wales hopes to establish the United Kingdom as a leading jurisdiction for grappling with legal disputes involving emerging technologies like cryptocurrencies, digital assets and electronic documentation.

Regulation Financial News

popular questions about regulation

What is regulation and why is it important?

Where can I find the latest updates on regulation?

How can I verify the accuracy of information on regulation?