Regulation Financial News

15.07 / 23:33

Binance defi regulation Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.

15.07 / 23:19

regulation Banks Federal Reserve Future NOT 56% of banks say DLT and crypto are 'not a priority' in near future — Fed survey

A survey conducted by the Federal Reserve Board of the United States suggested that the majority of officials at major banks did not consider crypto-related products and services a priority in the near future.

15.07 / 20:03

regulation Vladimir Putin signs bill banning digital assets as payments into law

Russian President Vladimir Putin has signed a bill into law prohibiting digital financial assets as payments more than a month after it was introduced to the country’s lower chamber of parliament.

15.07 / 13:39

Adoption regulation Report Bitcoin Germany and the US share the top spot in the global crypto rankings: report

Germany and the United States shared the spoils in the latest quarterly global cryptocurrency rankings released by analytics firm Coincub.

15.07 / 13:35

regulation Exchange Legal Terra Prosecution ‘Investigating Still-Extant South Korean Terraform Subsidiary’, Exchanges Make Self-regulation Proposal

South Korean prosecutors have reportedly uncovered evidence of an obscure Terraform Labs subsidiary that appears to exist only “on paper.”

15.07 / 11:31

Government regulation Aussie FPA supports 'crypto rule book' and regulation of exchanges

The Financial Planning Association of Australia (FPA) has shown its support for the “crypto rule book” idea and called for regulating exchanges instead of crypto assets.

15.07 / 02:43

Stablecoin Adoption regulation Leverage Crypto markets need to hit ‘total panic’ before revival: Kevin O’Leary

Millionaire investor from the Shark Tank TV show Kevin O’Leary says there’s going to be “total panic” and “massive volatility” in the crypto markets ahead before the industry swings back toward stronger firms and clearer regulations.

14.07 / 22:45

business regulation Cybersecurity Framework index Cyber WEF introduces cyber resilience framework, index to increase organizational security

The World Economic Forum (WEF) released a white paper on cyber resilience Thursday in which it introduces the organization’s Cyber Resilience Framework (CRF) and Cyber Resilience Index (CRI). The document, prepared in collaboration with professional services company Accenture, followed the WEF’s Global Cybersecurity Outlook, published in January.

14.07 / 22:45

Law regulation International Financial UK financial watchdog exec hints at importance of international collaboration on crypto regulation

The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework for cryptocurrencies.

14.07 / 16:49

Stablecoin regulation Europe digital euro Crypto Community Unimpressed as ECB President Pushes for Digital Euro with Privacy ‘of the Highest Standard’

The European Central Bank (ECB) President Christine Lagarde's new blog post again pushes for the creation of a central bank digital currency (CBDC) in Europe. But although it argues that a digital euro would protect the privacy of its users, the crypto community is not impressed.

14.07 / 16:19

business regulation Bitcoin Bitcoin trading volumes post new high in Philippines peso on Paxful

Despite some level of regulatory uncertainty around cryptocurrency in the Philippines, one platform has recorded a massive influx of Bitcoin (BTC) trading activity recently.

14.07 / 13:53

regulation Tencent Beijing Tencent shuts down NFT platform as gov policy makes it impossible to thrive

China’s internet giant Tencent has reportedly shut down one of the two nonfungible token (NFT) platforms owing to declining sales aided by the regressive monetary policies of the Chinese government.

14.07 / 13:53

Adoption regulation Bitcoin Financial South African exchanges welcome the new 'crypto is financial asset' ruling

South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country.

14.07 / 12:01

business regulation OKEx Dubai OKX to extend offers in Dubai after securing a provisional license

Crypto exchange OKX has acquired a provisional virtual assets license granted by the Dubai Virtual Assets Regulatory Authority (VARA), allowing them to offer additional services to qualified investors and financial services providers in Dubai, United Arab Emirates (UAE).

14.07 / 05:47

business regulation Bankruptcy Celsius vows to return from bankruptcy but expert fears repeat of Mt Gox

Crypto lending platform Celsius confirmed on July 13 that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York.

14.07 / 03:05

business regulation Bankruptcy BREAKING: Celsius reportedly filing for bankruptcy 'imminently'

Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, having notified individual U.S. state regulators on Wednesday, July 13.

14.07 / 00:21

Stablecoin defi regulation guidance committee BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements

The principle of "same risk, same regulation" for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO), applies the Principles for Financial Market Infrastructures (PFMI) for payment, clearing and settlement systems to systemically important SAs that transfer stablecoins.

13.07 / 23:57

Law regulation Smart Contracts UK court allows lawsuit to be delivered via NFT

According to a Tuesday notice from U.K. law firm Giambrone & Partners, a case brought by Fabrizio D’Aloia against Binance Holdings, Poloniex, gate.io, OKX, and Bitkub over allegations someone was operating a fraudulent clone online brokerage has resulted in a legal precedent offering a digital solution to serving someone. On June 24, the judge in the case allowed parties to be served by airdropping NFTs into wallets originally held by D’Aloia but stolen by unnamed individuals.

13.07 / 21:53

Law regulation UK treasury committee UK Treasury Committee opens inquiry into crypto industry

The Treasury Committee of the United Kingdom’s House of Commons has called on the public to submit evidence related to the role of crypto’s risks and opportunities.

13.07 / 14:17

Adoption regulation Bitcoin NOT Financial Bitcoin not a currency? South Africa to regulate crypto as financial asset

The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as financial assets to balance investor protection and innovation.

13.07 / 12:51

regulation security Interest rates Vermont becomes the sixth US state to launch investigation against Celsius

Vermont's Department of Financial Regulation (DFR) issued a warning against troubled crypto lending firm Celsius on Tuesday, reminding users that the crypto lending firm is not licensed to offer its services in the state.

what you should know about regulation

What is regulation and why is it important?

Regulation is a significant category that interests a wide audience. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on regulation?

All new posts about regulation can be found in the special selection. We publish information regularly.

How can I verify the accuracy of information on regulation?

We consult with professionals to ensure that the information about regulation is well-supported and valuable for our readers.