Tag: regulation

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Ripple Faces Cross Appeal Deadline Amid XRP Slump

Ripple's cross-appeal disputes XRP's status as an investment contract. XRP is struggling with bearish momentum, trading around $3.12. Ripple Labs has formally moved for...

Boerse Stuttgart Digital Custody Becomes First Crypto Provider in Germany

Boerse Stuttgart Digital Custody becomes Germany’s first crypto provider licensed under MiCA, expanding services across the EU. Boerse Stuttgart Digital Custody has become the first...

Hong Kong Explores Crypto Asset License Management, Says Report

The People's Bank of China discusses global crypto regulations, highlighting Hong Kong crypto asset license management and new regulation. The People's Bank of China has...

Turkey Tightens Crypto Rules to Fight Money Laundering

In Turkey, a new anti-money laundering law requires identification verification for crypto transactions over $425. Rules, which take effect on February 25, 2025,...

Singapore Issues 13 Crypto Licenses, Outpaces Hong Kong

Singapore issues 13 crypto licenses, surpassing Hong Kong slower approval process, and strengthening its position as a crypto hub. The Monetary Authority of Singapore (MAS)...

DekaBank Receives Crypto Custody License in from BaFin and ECB

DekaBank secures crypto custody license in Germany from BaFin and ECB. It has expanded its role in digital assets and EU crypto operations. DekaBank has...

Binance Faces Legal Scrutiny in Australia Over Client Misclassification

Binance faces legal scrutiny in Australia for misclassifying 500+ retail clients, exposing them to risky crypto assets without protections. Binance’s Australian subsidiary is under investigation...

Bank of England Watchdog Requests Crypto Asset Disclosures

Bank of England watchdog requests firms to disclose crypto disclosures to shape future regulations and ensure financial system stability. The Prudential Regulation Authority (PRA), part...

GRVT Becomes First DEX in Bermuda to Secure Regulatory Approval

GRVT, the first DEX in Bermuda to gain regulatory approval, sets a new standard for DeFi, promoting innovation and institutional trust. The hybrid cryptocurrency exchange...

ASIC Seeks Feedback on Crypto Licensing and Classification

ASIC consultation paper clarifies crypto asset classification and licensing requirements, aiming to enhance compliance and protect consumers in Australia. The Australian Securities and Investment Commission...

Russia Expands Cryptocurrency Regulations with New Law

Russia's new law, signed by Putin, expands cryptocurrency regulations, enhancing oversight of mining activities and establishing regional restrictions starting November 1st. The Russian government released...

South Korea to Regulate Cross-Border Crypto Transactions

South Korea announces new regulations for cross-border cryptocurrency transactions to combat forex crimes and enhance consumer protection in the digital asset market. South Korea is...