Category sc : Regulations

Abu Dhabi Advances Fiat-Referenced Token Regulation with...

FSRA's latest proposals seek to regulate Fiat-Referenced Tokens (FRTs) to improve stability. FSRA will assess feedback submitted by the public until October 3...

Nigeria Set to Introduce Crypto Tax Law...

Nigeria's FIRS plans to introduce a crypto tax law by September to address regulatory gaps. The changes aim to modernize Nigeria's revenue structure...

Judge Stops SEC’s Attempts to Block Tron’s...

The US SEC tried to get Justin Sun’s appeal to dismiss the securities violation case hindered. A federal judge sided with Sun, denying...

Australia’s ASIC shuts down over 600 crypto...

Australia’s financial regulator, ASIC, announced on Sunday that it has been actively closing down numerous fraudulent websites involved in scam investments. These scams often...

Bybit Is Now a Registered VASP in...

The Financial Information Unit registered Bybit to operate in Argentina and will oversee the exchange’s compliance with financial laws. Crypto is adopted well...

Turkey Sees a Surge in Crypto Licenses...

Turkey's new crypto legislation has sparked an influx of 47 license applications. 76 crypto exchanges, including Coinbase and KuCoin, have applied for licenses...

Trump Names Howard Lutnick to Co-Lead Transition...

Republican presidential candidate Donald Trump has announced that Howard Lutnick, CEO of Cantor Fitzgerald, will co-lead his transition team if he is re-elected in...

Binance Registers With Indian Authority FIU-IND

The FIU-IND fined Binance $2.25 million in June for not adhering to AML laws. Binance seeks to fully comply with Indian laws as...

Ghana Proposes Stricter Regulations for Virtual Asset...

Bank of Ghana proposes strict regulations for VASPs to prevent financial crime. New regulations require VASPs to acquire authorization or risk being considered...

IMF Proposes 85% Tax Increase to Cut...

The International Monetary Fund (IMF) recently suggested a significant increase in electricity taxes for cryptocurrency mining, which could lead to a global reduction in...