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UK Government Rolls Out Final Proposals for Stablecoin Regulation

30.10.2023
The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating...

UK publishes plans for stablecoins regulation

30.10.2023
Non-fiat-backed types of stablecoins will not be allowed into regulated payment chains

UK Publishes Final Proposals for Crypto, Stablecoin Regulation

30.10.2023
The U.K. government published its final proposed rules for crypto and stablecoins on Monday

UK risks regulating NFTs the wrong way, says Mintable CEO

30.10.2023
“It’s not just a piece of artwork”: Mintable CEO Zach Burks argues that the United Kingdom government still hasn’t caught up on what NFTs are becoming

SEC Commissioner Hester Peirce Challenges SEC’s Actions in LBRY Case

28.10.2023
Hester Peirce , a commissioner at the Securities and Exchange Commission (SEC), has expressed her strong disapproval of the agency’s handling of charges against cryptocurrency startup LBRY. In a statement released on Friday, Peirce, known for her favorable stance towards the crypto industry...

New Law Expands Police Powers to Seize Crypto in UK

28.10.2023
A new law that gives law enforcement agencies greater powers to seize, freeze, and recover crypto assets has entered into force in the U.K. The law introduces provisions for police to “seize crypto assets more easily and convert them into money before a forfeiture hearing has taken...

SEC Considering 8-10 Spot Bitcoin ETF Applications, Says Chair Gary Gensler

28.10.2023
The U.S. Securities and Exchange Commission (SEC) is currently considering between eight and 10 bitcoin exchange-traded fund (ETF) applications, according to SEC Chairman Gary Gensler. He insisted that “the vast majority of crypto assets likely meet the investment contract test, making them...

Fed Reserve Official Michael Barr Calls for Stablecoin Regulation

28.10.2023
US regulators are finally discussing the subject of fiat-backed digital assets, popularly known as stablecoins. According to Federal Reserve Vice Chair for Supervision Michael Barr, it’s imperative that stablecoins also fall under the supervisory oversight of the government. Presenting...

Hester Peirce speaks out against LBRY enforcement action: 'The market could have decided'

27.10.2023
The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations

Lawyer questions Sam Bankman-Fried on his political donations at trial

27.10.2023
The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto

Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation

27.10.2023
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE

Sam Bankman-Fried denies defrauding FTX users at trial

27.10.2023
As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh

Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

27.10.2023
The former FTX CEO returned to the witness to present his testimony to a jury of 12 people as the criminal trial begins to reach its final stages

Turkey Projects Finalization of Cryptocurrency Taxes by Next Year

27.10.2023
Turkish government intends to establish a regulatory framework for crypto assets, including plans to tax these digital assets, starting 2024. The regulatory measure came as a part of the government’s 2024 Presidential Annual Program, unveiled on Wednesday. The translated document sheds light...

Taiwan Advances Crypto Regulation as Draft Act Passes First Reading in Parliament

27.10.2023
Taiwan parliament, the Legislative Yuan, has passed the first reading of a proposed crypto law that would regulate the crypto asset industry. Taiwan has taken a significant step toward regulating the crypto sector by proposing a special crypto law, which has passed its first reading at...

Taiwan Crypto Regulation Gets Going With First Reading of Digital Asset Bill

27.10.2023
The bill sets the groundwork for defining what a virtual asset is and how exchanges should operate in Taiwan

UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules

27.10.2023
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified since it imposed stricter marketing rules earlier this...