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regulation

US House hearing on stablecoins highlights divided approach to regulation
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22 May, 2023

US House hearing on stablecoins highlights divided approach to regulation

The hearing is part of renewed attempts by lawmakers to reach a consensus on a bill that would address stablecoin...
DeFi is subject to regulation, CFTC Chair Rostin Behnam says
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22 May, 2023

DeFi is subject to regulation, CFTC Chair Rostin Behnam says

The CFTC chair argued that decentralized digital asset exchanges will be regulated regardless of how they’re constituted—it’s just a matter...
In South Korea, a power tussle is brewing for right to regulate digital assets
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21 May, 2023

In South Korea, a power tussle is brewing for right to regulate digital assets

Bank of Korea argues it has the right to access data of VASPs due to the risks tied to offering...
China: Residents warned vs investing in NFTs amid rising interest
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21 May, 2023

China: Residents warned vs investing in NFTs amid rising interest

Non-fungible tokens are subject to illicit vices like unauthorized fundraising, scams, and price manipulations that put investors at risk, according...
Coinbase 2023: Sailing into new waters or a sinking ship?
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18 May, 2023

Coinbase 2023: Sailing into new waters or a sinking ship?

When it should be celebrating its international expansion, Coinbase is plagued by civil suits and insider trading allegations— adding up...
UK Treasury Committee: Digital asset activity should be regulated as gambling
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18 May, 2023

UK Treasury Committee: Digital asset activity should be regulated as gambling

The U.K. Treasury Committee recommended that trading and investment activity in Bitcoin and other "unbacked cryptoassets" should be regulated as...
Judge in SEC v Ripple denies motion to seal Hinman communications
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17 May, 2023

Judge in SEC v Ripple denies motion to seal Hinman communications

Apart from denying the motion to seal Hinman's speech, a court judge also granted the plea to redact information concerning...
EU finance ministers unanimously agree on MiCA regulation
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17 May, 2023

EU finance ministers unanimously agree on MiCA regulation

The final stamp of approval for the MiCA bill was granted by EcoFin on May 16, alongside the adoption of...
Biden’s head of crypto enforcement pledges crackdown on Cryptocrime
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16 May, 2023

Biden’s head of crypto enforcement pledges crackdown on Cryptocrime

Eun Young Choi of the U.S. Department of Justice, says she will not consider a VASP’s size in her efforts,...
Binance exits Canada citing increased regulation
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16 May, 2023

Binance exits Canada citing increased regulation

Binance joins fellow "crypto" exchanges Coinbase and Kraken in exiting the Canadian marketplace as the country tightens its regulatory muscle...
Burned and shunned by banking, digital assets are lurking in the shadows
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16 May, 2023

Burned and shunned by banking, digital assets are lurking in the shadows

The global financial stability is facing threats as digital asset players turn to shadow banks amid a spate of tech...
Hong Kong regulators warn incoming firms against ‘light touch’ approach
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16 May, 2023

Hong Kong regulators warn incoming firms against ‘light touch’ approach

Despite being seen as having a "friendly" stance toward VASPs, Hong Kong reiterates it would push for stringent but "reasonable"...