Category: Regulations
OKX Europe Offers 8% Bonus as MiCA Deadline Triggers Exchange Exodus
OKX Europe offers a 5%-8% deposit bonus to attract migrating users. Over 80% of crypto exchanges in Europe could disappear after the deadline. Only about…
Singapore Regulator Places Bybit on Investor Alert List
Singapore’s MAS added Bybit to its Investor Alert List, warning users about risks linked to unlicensed crypto services. Singapore has added cryptocurrency exchange Bybit to…
Congress Strikes Deal to Ban CBDC Until 2030 in Housing Bill
US lawmakers agreed on a bipartisan, bicameral housing legislation deal. The bill contains an added provision to ban a central bank digital currency. The Fed…
BitGo’s MiCA Compliance Offer Could Rescue EU Crypto Businesses
BitGo launched a MiCA-compliant Crypto-as-a-Service platform for the EU. The July 1 deadline bars unauthorized firms from serving EU clients. Companies can use BitGo’s platform…
US Gaming Groups Push Senate to Ban Crypto Sports Prediction Markets
American Gaming Association and Indian Gaming Association urge Congress to ban sports prediction markets Gaming groups argue that sports event contracts are indistinguishable from legal…
This Illinois Bitcoin Tax Law Could Cost Crypto Holders More
Illinois Governor Pritzker signed a 0.2% digital asset tax targeting crypto exchanges, transfers, and custody, with no equivalent for stocks. Illinois Governor J.B. Pritzker has…
Binance Breaks Silence on MiCA License Plans Ahead of Key Deadline
Binance says its MiCA application passed HCMC review but warns delays could hurt EU liquidity and user choice before June 30. Binance has gone public…
IMF Sounds Alarm as Stablecoin Adoption Surges in Nigeria
IMF flags stablecoin risks in Nigeria as crypto inflows hit $59B, raising concerns over dollarization and monetary policy. Nigeria is rapidly becoming one of the…
US Watchdog Pushes FDIC to Take the Lead on Crypto Oversight
US GAO recommended FDIC collaborate with federal bodies to tackle blockchain technology risks GAO placed blockchain on High Risk List due to regulators’ difficulties supervising…
