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regulation

Paxos stops minting BUSD—is Binance stablecoin finished?
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23 February, 2023

Paxos stops minting BUSD—is Binance stablecoin finished?

Paxos CEO Charles Cascarilla said that the decision was not linked to the NYDFS order, clarifying that "The market has...
Zambian regulators collaborate for digital asset regulation
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23 February, 2023

Zambian regulators collaborate for digital asset regulation

Zambia has joined the tech race, with the securities regulator and its central bank partnering for the development of a...
Philippines central bank launches VASP-reporting mechanism
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23 February, 2023

Philippines central bank launches VASP-reporting mechanism

The Bangko Sentral ng Pilipinas wants digital asset users to directly report any non-compliant virtual asset service providers as it...
Hong Kong to regulate digital asset exchanges
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22 February, 2023

Hong Kong to regulate digital asset exchanges

Hong Kong’s SFC has asked the public for opinions on whether centralized digital currency exchanges in the country should be...
FDIC warns CEX.IO exchange against misleading insurance claims
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22 February, 2023

FDIC warns CEX.IO exchange against misleading insurance claims

The FDIC issued a cease and desist letter to CEX.IO demanding that it removes all references to FDIC insurance as...
US securities regulator votes to expand custody rule to include digital assets
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21 February, 2023

US securities regulator votes to expand custody rule to include digital assets

The SEC voted 4-1 to expand a regulation last updated in 2009 that will now require investment advisers to custody...
Oman gears up for digital asset regulatory framework to control surging interest
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21 February, 2023

Oman gears up for digital asset regulatory framework to control surging interest

Following similar moves from neighboring states, Oman mulls implementing a new regulatory regime to oversee the digital currency sector and...
UK’s FCA to clamp down on digital currency ATMs operating without permits
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18 February, 2023

UK’s FCA to clamp down on digital currency ATMs operating without permits

The Financial Conduct Authority said the law mandates all providers of digital currency services to seek registration with the regulators,...
India extends digital currency ad ban on women’s cricket franchises
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18 February, 2023

India extends digital currency ad ban on women’s cricket franchises

With the Women’s Premier League expected to draw massive audiences, the Board of Control for Cricket in India is actively...
South Korea goes after digital currency staking services following Kraken’s debacle: report
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18 February, 2023

South Korea goes after digital currency staking services following Kraken’s debacle: report

At the moment, details and the direction of the financial regulators' investigations remain unclear largely because of the lack of...
US officials to meet with ‘crypto’ crooks to discuss European regulations
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17 February, 2023

US officials to meet with ‘crypto’ crooks to discuss European regulations

Apart from the planned meeting with EU officials on the MiCA regulations, U.S. authorities will also hold talks with controversial...
UAE sets sights on CBDC launch to improve local, cross-border payment under new scheme
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16 February, 2023

UAE sets sights on CBDC launch to improve local, cross-border payment under new scheme

While other countries choose whether to focus on a retail CBDC instead of wholesale, the United Arab Emirates is seeking...