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regulation

FCA pushes for stricter digital currency promotions with new rules for social media ads
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22 July, 2023

FCA pushes for stricter digital currency promotions with new rules for social media ads

The Financial Conduct Authority has received the nod from Parliament to regulate digital currency promotions following the approval of the...
Bipartisan bill introduced in US to regulate DeFi and combat digital asset crime
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21 July, 2023

Bipartisan bill introduced in US to regulate DeFi and combat digital asset crime

The Crypto-Asset National Security Enhancement and Enforcement Act of 2023 will require decentralized finance (DeFi) services to abide by the...
Australia revokes FTX subsidiary’s license
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21 July, 2023

Australia revokes FTX subsidiary’s license

Nine months after it imploded, ASIC revoked the FTX Australia license but will allow it to offer limited services for...
Digital asset regulation is incomplete, CFTC commissioner says
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21 July, 2023

Digital asset regulation is incomplete, CFTC commissioner says

Commissioner Kristin Johnson praises the CFTC's efforts to regulate the digital asset sector but stopped short by saying that current...
Indonesia launching national digital currency exchange in July: report
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21 July, 2023

Indonesia launching national digital currency exchange in July: report

Once Indonesia's national exchange goes live, all digital currency transactions must be processed through the exchange, according to Bappebti Chief...
UK watchdog: Memes are non-compliant with financial rules
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20 July, 2023

UK watchdog: Memes are non-compliant with financial rules

The FCA disclosed that the incoming rules would focus on the social media promotion of digital and other financial assets,...
Russia passes CBDC legislation as digital ruble pilot prepares for takeoff
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20 July, 2023

Russia passes CBDC legislation as digital ruble pilot prepares for takeoff

The CBDC bill, supporting the creation of a digital ruble pilot, amended certain parts of the Russian civil code and...
G20 nations moving closer to consensus on digital currency regulations
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19 July, 2023

G20 nations moving closer to consensus on digital currency regulations

A three-day meeting held in Gandhinagar, India, saw discussions on the protection of local investors and the financial integrity of...
FSB finalizes global recommendations for regulating digital assets, stablecoins
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19 July, 2023

FSB finalizes global recommendations for regulating digital assets, stablecoins

The recommendations from the Financial Stability Board include fostering cross-border regulatory collaboration, improved disclosures of digital assets, and providing legal...
How the $275M FTX disaster caused Temasek to shun digital currency investments
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19 July, 2023

How the $275M FTX disaster caused Temasek to shun digital currency investments

Readers should let Temasek's $275M loss be a cautionary tale: nothing is as it seems in the 'crypto' industry, as...
Philippines’ amended ‘crypto’ framework targets Binance, other unregistered exchanges
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19 July, 2023

Philippines’ amended ‘crypto’ framework targets Binance, other unregistered exchanges

SEC Commissioner Kelvin Lester Lee notes that investor protection is the state agency's priority in enforcing the latest rules governing...
Japan’s handling of digital asset industry sets regulatory example for other countries
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19 July, 2023

Japan’s handling of digital asset industry sets regulatory example for other countries

Despite the exit of popular digital exchanges from Japan, industry stakeholders argue that the country is setting the pace for...