Regulation Financial News

08.07 / 20:01

regulation Financial Hong Kong securities regulator CEO to lead UK financial watchdog

Ashley Alder, the CEO of Hong Kong’s Securities and Futures Commission, will become the next chair of the United Kingdom’s Financial Conduct Authority.

08.07 / 13:41

CBDC regulation Federal Reserve Credit unions warn about the cost of developing a CBDC

A United States-based lobbying group has raised a voice against developing a central bank digital currency (CBDC) in the United States. The National Association of Federally-Insured Credit Unions (NAFCU) believes the project’s cost outweighs the “hypothesized benefits.”

08.07 / 13:21

CBDC regulation IMF Framework International US Treasury Develops Framework For Path Towards International Crypto Regulations

While the US authorities are intensifying work on developing crypto regulations, the country’s Department of Treasury has presented to President Joe Biden a framework to facilitate international cooperation on introducing such regulations and standards at the international level.

08.07 / 08:43

Adoption regulation Report Survey What bear market? Consumer confidence higher among crypto owners than normies

Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index.

08.07 / 08:03

Law regulation solana security class action Class action lawsuit claims Solana's SOL is an unregistered security

Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.

08.07 / 03:39

regulation Exchange Investment South Korean MP Wants to Launch a Fund to Help Struggling Crypto Investors

A South Korean politician wants the government to create a special fund to help crypto investors who have suffered losses in the markets – and says that crypto exchanges should foot the bill.

08.07 / 00:43

Government regulation foreign Framework US Treasury issues framework addressing engagement on crypto with foreign regulators

The United States Department of the Treasury has delivered to President Joe Biden a framework on crypto for U.S. government agencies to work with their foreign counterparts.

07.07 / 21:03

Government regulation UK prime minister announces departure following mass resignations

Boris Johnson, who has been the prime minister of the United Kingdom since 2019, said he will step down as leader of the country’s Conservative Party but will remain head of state until a replacement has been found.

07.07 / 16:11

regulation SEC Bitcoin Bitcoin Etf Sec Chair Pressure on SEC Chair Rises as Even WSJ Accuses Gensler of ‘Holding Investors Hostage’ with Bitcoin ETF Stance

The US Securities and Exchange Commission (SEC) Chairman Gary Gensler is “taking investors hostage” with his insistence to deny spot Bitcoin (BTC) exchange-traded products (ETPs) and exchange-traded funds (ETFs) to launch in the US, the influential Wall Street Journal said in its editorial piece.

07.07 / 15:47

Blockchain Binance regulation Policy think tank asks Philippine government to ban Binance over promotions

Local think tank Infrawatch PH has sent a letter to the Philippines' Department of Trade and Industry (DTI), urging the government agency to launch an investigation against crypto exchange Binance for promotions without permits.

06.07 / 23:39

regulation European Union Belgian regulator reviews crypto asset classifications while awaiting harmonization

The Financial Services and Markets Authority (FSMA), the Belgian regulator, is seeking comments on its communication on the classification of crypto assets as securities, investment instruments or financial instruments. Aimed at issuers, offerors and service providers, the agency’s communication will serve as guidance to the existing order until European regulatory harmonization is achieved.

06.07 / 20:15

Law regulation Financial Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM's government

Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of the government.

06.07 / 14:13

regulation crimes Korea and US agree to share investigation data on Terra-Luna

South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypto-related crimes.

06.07 / 02:15

Payments regulation UK government High-ranking crime fighter to join UK’s FCA as payments and digital assets director

UK regulator the Financial Conduct Authority (FCA) has recruited almost 500 additional staff members this year as part of its new three-year strategy. Among the new hires are six directors, whose appointments were announced July 5. Two of them come from backgrounds in policing.

05.07 / 23:17

Blockchain regulation Research Italian government will provide $46 million in subsidies for blockchain projects

The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September.

05.07 / 22:09

Adoption regulation Digital Asset Framework US Commerce Dept. asks digital asset industry for input on competitiveness framework

Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for enhancing United States economic competitiveness in digital asset technologies, due from the Commerce Department on September 5. In preparation for that document, the Commerce Department requested public comments through Tuesday, providing 17 questions to encourage discussion.

05.07 / 15:25

regulation Taxes UK government UK government seeks public input on DeFi taxation

The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of Decentralized Finance (DeFi).

05.07 / 14:01

NFT regulation Europe Anti-money laundering lawmakers EU Lawmakers Want Anti-Money Laundering Rules To Cover NFTs

With the European Union advancing work on new regulations that could exert a significant impact on the crypto industry, a group of members of the European Parliament have proposed an amendment to the bloc’s anti-money laundering (AML) legislation that would cover non-fungible token (NFT) trading platforms with its provisions.

05.07 / 12:35

regulation SEC Europe European Union MiCa, AMLA and EU’s 'wild west' problem: Law Decoded, June 27-July 4

According to the European parliament member and rapporteur for the Markets in Crypto-Assets (MiCA) regulation Stefan Berger, the deal on landmark pan-European Union regulation had been finally struck amid the Tripartite negotiations. It “will put an end to the crypto wild west,” as French Minister for the Economy Bruno Le Maire hopes. Still, while raising a modest optimism among some stakeholders, MiCa’s final draft will surely make life harder for others.

05.07 / 05:31

regulation income Taxes Indian Crypto trading volumes Indian crypto trading volumes slump following hefty taxes

Trading volume on three major Indian crypto exchanges plummeted 72.5% on average since July 1, when a 1% tax per transaction was enforced in the country.

05.07 / 00:25

Law regulation European Union ECB ECB officials prepare for 'harmonization' of crypto regulations: Report

The European Central Bank, or ECB, will reportedly be preparing to implement a new law by warning European Union member states about the necessity of harmonizing regulations for crypto.

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 news related to this subject.

Where can I find the latest updates on regulation?

All new posts about regulation can be found in the dedicated section. We publish information regularly.

How can I verify the accuracy of information on regulation?

We rely on trusted sources to ensure that the information about regulation is reliable and valuable for our readers.