Tag: regulations
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 earnings before…
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 unauthorized…
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 for…
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 regulations…
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 and…
Will Japan’s Crypto Reform Bill Change the Market?
Story Highlights Stablecoin issuers could utilize government bonds as security. Crypto brokerages will have different restrictions from exchanges. The bill proceeds to Japan’s National Diet…
Japan Moves to Ease Stablecoin Rules for Greater Financial Flexibility
Japan plans to ease stablecoin rules, allowing new backing methods and reducing compliance burdens for intermediaries. Japan is set to ease regulations on stablecoins and…
Crypto.com and Kalshi Under CFTC Scrutiny for Super Bowl Bets
CFTC is scrutinizing Crypto.com and Kalshi’s Super Bowl contracts, which might result in regulatory action. Prediction markets are expanding, but stronger regulations may influence future…
