Tag: regulations

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U.K. to Regulate Crypto Firms Like Traditional Finance

The U.K. plans crypto rules aligning with traditional financial sector standards. Crypto law completion set for 2025 despite innovation concerns. The U.K. government has...

Circle Denies Seeking U.S. Banking License, Urges Clear Regulations

Circle denies reports of seeking U.S. banking license. Circle urges clear U.S. stablecoin legislation, rejects banking status. Circle, one of the world’s largest stablecoin...

Trump Pushes for Crypto Clarity as Bitcoin Surges

At SEC chairman's swearing-in, Trump calls for unambiguous cryptocurrency regulations. A more crypto-friendly US government is a goal of newly-appointed SEC chair Paul Atkins. The President...

El Salvador Proposes Crypto Sandbox Plan to SEC

El Salvador proposes a cross-border crypto sandbox to the U.S. SEC for real-world testing. Data from pilot programs may guide U.S. crypto policy...

Binance Requires All Indian Users to Re-Verify KYC for AML

Binance asks all Indian users to re-verify KYC for AML compliance. Exchange collects PAN data to meet India’s money laundering law requirements. In a...

SEC Unveils Crypto Securities Rules Shaping New Future

The SEC requires extensive disclosure information about crypto securities. Together with professionals at the FTC and CFTC, the Crypto Task Force operates to...

US Senate Committee Pushes STABLE Act to Regulate Stablecoins

The House Financial Services Committee approved the STABLE Act with 32 votes to regulate stablecoins. Lawmakers debated Trump's crypto participation and stablecoin interest...

Bitpanda Expands to UAE with VARA License

Story Highlights Bitpanda secures VARA license for UAE expansion. Dubai office established to support Bitpanda’s growth. Investors to gain access to 500+ virtual assets. Bitpanda,...

FSCA Warns Public Against Unlicensed Crypto Firms

Story Highlights FSCA warns against unlicensed crypto firms promising high returns. AfriInvest and MutualWealth falsely use public figures for credibility. Regulator declares both firms...

OKX Operator Faces Legal Action in Thailand

Story Highlights Thai SEC sues OKX for unlicensed crypto trading operations. Nine individuals accused of promoting OKX’s illegal exchange activities. OKX used social media...

Nigeria Welcomes Crypto Firms Despite Binance Lawsuit

Story Highlights Nigeria remains open to crypto firms despite Binance lawsuit. The government seeks $80 billion from Binance for economic losses. Nigeria enforces crypto...

SEC May Withdraw Proposal on Crypto Custody Rules

Story Highlights SEC considers withdrawing crypto custody rule amid regulatory concerns. Uyeda signals possible revisions, delays, or complete withdrawal of the rule. Industry leaders...