Category : Regulations

Bybit Exits France Amid Increasing Regulatory Pressure

Japanese cryptocurrency exchange; Bybit, is the latest company to exit the French market due to rising regulatory pressures. This new change highlights the increasing regulatory...

South Korea Slaps New ‘Supervisory’ Fees on...

South Korea has introduced new supervisory fees for cryptocurrency exchanges. These regulations have affected major players like Upbit and Bithumb. Starting next year, these...

South Korean Crypto Laws Kick In

South Korea’s crypto framework, the Virtual Assets User Protection Act, came into force on July 19. This regulation offers guidance to the crypto exchanges...

US Legislators to Vote on Biden’s Veto...

US House and Senate will be tasked with voting on Biden vetoing legislators choosing to repeal the SEC’s Staff Accounting Bulletin (SAB 121) in...

Paxos Receives Approval from Singaporean Regulator to...

It looks like stablecoins and their issues cannot stay outside the news cycle, with MiCA issuing its stablecoin guidelines and Circle making huge moves...

IRS Issues Crypto Broker Regulations

The US Internal Revenue Service (IRS) has issued its final draft of rules for crypto brokers to report income, offering clarifications on the scope...

SEC Files Lawsuit Against Consensys for Securities...

The US Securities and Exchanges Commission (SEC) has brought a lawsuit against Consensys, the parent company of MetaMask, for providing staking and brokerage services...

US SEC Can No Longer Turn to...

The Securities and Exchange Commission (SEC) can no longer rely on in-house judges to settle suits, ruled the US Supreme Court last week. Going...

The Australian Tax Office Implements New Measures...

The Australian Tax Office (ATO) has implemented a new tracking program that will allow it to identify cheaters every tax season starting this year....

The EU Will Enforce Strict Stablecoin Regulations...

The free reign stablecoin issuers had in the European markets is ending on June 30 as the EU’s MiCA (Markets in Crypto Assets) regulations...

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