Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over Commerce
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities...
Regulation
South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto...
Argentina to Regulate Cryptocurrency Exchanges With Executive Order
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be...
Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) based...
Major Party in South Korea Proposes to Defer Cryptocurrency Taxation
The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to...
Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined
Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing...
Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi
The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been...
SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference’ Between Bitcoin and US Dollar
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin...
Peter Brandt Warns Against Trusting SEC Chair Gary Gensler — Says He Has Long History of Not Protecting Investors
Veteran trader Peter Brandt has warned that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler should not be trusted....
South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions
Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s...
Deutsche Börse Group’s Crypto Subsidiary Granted Four Licenses by the German Regulator
A subsidiary of the German multinational company Deutsche Börse Group has been granted four licenses by the German Federal Financial...
SEC Delays Decision on Invesco and Galaxy Digital’s Spot Ether ETF
The United States Securities and Exchange Commission (SEC) has delayed its ruling on the Invesco Galaxy ether exchange-traded fund (ETF),...
SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with...
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which...
Montenegro Court of Appeal revokes Do Kwon’s extradition again
Montenegro Court revokes Do Kwon’s extradition, citing procedural violations. Former Terra CFO Han Chang-joon extradited to South Korea after Montenegro...
Bybit applies for a Virtual Asset Trading License in Hong Kong
Bybit applies for a VATP license in Hong Kong through Spark Fintech Limited. Hong Kong’s favourable regulatory environment contrasts with...
UK accelerates Digital Pound design amid privacy concerns and banking criticism
Treasury and BOE intensify efforts to explore CBDC feasibility and design options. Emphasis is on privacy and security in the...
SEC confirms X account hack happened after “SIM swap”
SEC says hacker that compromised its X account used a “SIM swap” attack. The unauthorised access had seen the hacker...
South Korea to disclose top officials’ crypto holdings in 2024 as new crypto exchange launches
South Korea transforms transparency: 5,800 officials disclose assets, incl. crypto, via PETI. Pullix disrupts crypto exchange norms: PLX token presale,...
India issues compliance notices to nine offshore exchanges including Binance
India issues show-cause notices to Binance, Kucoin, and others for PMLA violations. Finance Ministry urges blocking URLs of offshore exchanges...
Argentina’s President Milei proposes incentives for declaring crypto holdings
Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging...
South Korea president’s office urges FSC to reconsider its spot Bitcoin ETFs stance
Will South Korea allow spot Bitcoin ETFs? The Financia Services Commission had warned brokerage firms against offering recently listed US...
