Category: Regulations
Wise to Submit Revised Trust Bank Application Under Stablecoin Rules
Wise plans a new U.S. trust bank application under GENIUS Act rules after regulators rejected its original banking charter request. Wise plans to submit a…
OFAC Sanctions Target Babak Zanjani Crypto Network Again
The US Treasury expands sanctions on the Babak Zanjani crypto network, naming ZEDX DMCC, ZedPay, and BZ Diamond as latest targets. The US Treasury’s Office…
India Arrests Dubai Man in Global Crypto-Hawala Crackdown
ED arrests Dubai resident in crypto-hawala probe tied to narcotics money laundering across India, Brazil and Thailand. India’s Enforcement Directorate has arrested a Dubai resident…
CFTC Extends Comment Period for 24/7 Futures Trading Proposal
CFTC pushes comment deadline to August 26 for 24/7 futures and energy perpetual contracts rule. Here’s what changed and why. The Commodity Futures Trading Commission…
South Korea Restricts Android Access to 29 Foreign Crypto Exchanges
South Korea removes 29 crypto exchange apps from Google Play under stricter VASP rules, with more limits possible. South Korean Android users are facing tighter…
Kazakhstan Approves Strategic Digital Mining for National Crypto Reserve
Kazakhstan links mining electricity access with contributions to its national crypto reserve. Qualified miners can secure electricity quotas for up to 10 years under new…
FATF Warns Crypto Enforcement Is Falling Behind as AI Crime Rises
FATF warns crypto laws are advancing globally, but enforcement is lagging as AI-driven crime and freeze-resistant stablecoins rise. The Financial Action Task Force has released…
Wall Street Wins? SEC Approves Nasdaq Delisting Rule for Small Firms
SEC approves Nasdaq’s new $5M listing threshold, fast-tracking delisting for small firms with no standard 180-day cure period now. The Securities and Exchange Commission approved…
Updated Clarity Act Seeks to Ban Federal Officials From Crypto Profits
Senate Republicans update the Clarity Act with crypto ethics rules banning federal officials from profiting from digital assets. Senate Republicans released an updated version of…
