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Judge sides with Ripple again, denies SEC appeal: Law Decoded
9.10.2023
Crypto lawyers are seemingly divided over the significance of a court order to dismiss the SEC’s motion
Crypto Risks Another Sam Bankman-Fried if U.S. Doesn't Provide Clear Regulation
9.10.2023
Ukraine rolls out its AI regulation roadmap
9.10.2023
The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws
US Consumer Protection Agency Might Introduce E-banking Laws to Digital Assets
9.10.2023
The director of the Consumer Financial Protection Bureau (CFPB) disclosed that the agency is considering transplanting e-banking laws to digital assets.
Speaking at the Bookings payment conference on Oct 6, Rohit Chopra said that the agency might apply the Electronic Fund Transfer Act (EFTA)...
South Korea's Crypto Market Cap Nearly Doubles in First Half of 2023, Surpasses $21 Billion
9.10.2023
South Korea's virtual asset market has experienced a significant surge during the first half of 2023, reaching a total market cap of $21.1 billion.
The Financial Services Commission (FSC) of South Korea revealed that the country's crypto market cap witnessed a 46% increase compared to the previous...
India to Push Crypto Regulation Talks at Final FMCBG Meet in Morocco
9.10.2023
Finance ministers and central bank governors are all set to meet for the final time under India’s G20 presidency on October 12 and 13 in Marrakesh, Morocco.
The roadmap for crypto regulations is expected to be one of the major key agendas during the meeting. India will seek to ensure that...
Tesla CEO Elon Musk Predicts ‘Comprehensive Overhaul’ of SEC With 100% Probability
8.10.2023
Billionaire Elon Musk has called for a “comprehensive overhaul” of regulatory agencies, which includes the U.S. Securities and Exchange Commission (SEC). The Tesla and Spacex CEO added that there needs to be a commission to take punitive action against individuals who abuse their regulatory power...
Investment Manager Expects SEC to Approve All Bitcoin ETF Applications in 3-6 Months
7.10.2023
Steven Schoenfeld, former head of International Equity Product Strategy at Barclays Global Investors (now Blackrock), expects the U.S. Securities and Exchange Commission (SEC) to approve all spot bitcoin exchange-traded fund (ETF) applications in three to six months. He also anticipates that...
Sam Bankman-Fried ordered 'special privileges' for Alameda account on FTX — Gary Wang
6.10.2023
FTX’s former chief technology officer reportedly claimed in court that then CEO Sam Bankman-Fried authorized Alameda Research's account to trade more funds than it had available
CFTC weighs enforcement action against former Voyager Digital CEO: Report
6.10.2023
Following the lending firm's bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations
EU’s Securities Regulator Publishes Consultation Paper Ahead of MiCA
6.10.2023
The European Union financial markets regulator, the European Securities and Markets Authority (ESMA) has released a second consultation paper on the Markets in Crypto Asset (MiCA) regulation.
The document released on Oct. 5 calls for stakeholders' participation in various sectors of the crypto...
Retail stablecoin trading in Hong Kong not allowed yet, official says
6.10.2023
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024
UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
6.10.2023
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government
Dubai Regulator Blocks the Sale and Distribution of Islamic Coin
6.10.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) recently said the company distributing and marketing islamic coin (ISLM) lacks the authority to do so. VARA said Bored Gen DMCC must cease marketing activity until it obtains the appropriate approvals. The steps taken by the regulator came...
South Korean Debt Collectors Coming for Crypto Holders
6.10.2023
South Korean debt collectors are now seizing crypto in insolvency cases – and may soon be granted even more power to confiscate coins.
Per Hanguk Kyungjae, the Korea Deposit Insurance Corporation (KDIC), a firm that operates under the Financial Services Commission (FSC), has begun “seizing...
New BIS Plan Mandates Banks to Disclose Crypto Holdings
6.10.2023
The Basel Committee on Banking Supervision has unveiled a new plan that will require banks to disclose their cryptocurrency holdings.
This development comes on the heels of a tumultuous year that witnessed the collapse of several major crypto firms as well as crypto-focused lenders Signature...
Singapore Grants Ripple Full License to Provide Crypto Services
6.10.2023
The Monetary Authority of Singapore (MAS) has granted Ripple a full license to provide crypto services. “This license underscores the real-world utility of crypto solutions for businesses and financial institutions alike, marking an important step towards wider adoption of digital...
'We allowed Alameda to withdraw unlimited funds' — Gary Wang at SBF trial
5.10.2023
According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison
JPEX Scandal Sparks Creation of Hong Kong Police Crypto Crimes Group
5.10.2023
On October 4, the Securities and Futures Commission (SFC) of Hong Kong, in collaboration with the Hong Kong Police, announced the formation of a special group to monitor and investigate crimes related to crypto exchanges.
The initiative was prompted by the ongoing controversies surrounding...
College roommate talked to Sam Bankman-Fried about FTX's $8B hole on a paddle tennis court: Trial
5.10.2023
Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange's use of funds, claiming "Alameda had used customer deposits to pay its loans"