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Coinbase Obtains License From Singapore’s Central Bank — Crypto Exchange Sees Singapore as ‘a Vital Market’

3.10.2023
The Nasdaq-listed crypto exchange Coinbase has obtained a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), to provide services to both individuals and institutions. “We’ve identified Singapore as a vital market for Coinbase,” the crypto exchange emphasized....

SEC and 5 Other US Regulators Issue Crypto Investment Warnings

3.10.2023
The U.S. Securities and Exchange Commission (SEC) and several other top financial regulators have issued several warnings regarding investing in crypto assets as part of this year’s World Investor Week. “The risk of loss for individual investors who participate in transactions involving crypto...

Investors drop class-action lawsuit against Terraform Labs and Do Kwon

2.10.2023
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro

Book describes Sam Bankman-Fried with little attention span or respect for appointments

2.10.2023
The former FTX CEO was reportedly invited by Vogue editor-in-chief Anna Wintour to be her special guest at the Met Gala, only to cancel at the last minute

Despite Government Shutdown Worries, Stablecoin Legislation Pushed by McHenry

2.10.2023
The US House of Representatives’ Financial Services Committee Chair Patrick McHenry on Friday reaffirmed his commitment to regulating stablecoins, despite a potential government shutdown looming at the time. Speaking at a forum organized by stablecoin issuer Circle in New York, McHenry stated that...

Parliamentary committee calls for shutdown of Worldcoin in Kenya

2.10.2023
The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers

IMF Proposes Crypto Risk Assessment Matrix for Macrofinancial Impact on Countries

2.10.2023
The International Monetary Fund (IMF) published a working paper that highlights risk management strategies and policy changes for regulators. The paper titled, “Assessing Macrofinancial Risks from Crypto Assets” released on Sept 29 proposes a crypto-risk assessment matrix (C-RAM) for risk-prone...

Today in Crypto: UBS Launches Tokenized Money Market Fund Pilot on Ethereum, $8BN was a 'Rounding Error' to SBF

2.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: UBS Launches Tokenized Money Market Fund Pilot on Ethereum, $8BN was a 'Rounding Error' to SBF

Congress Passes Funding Bill to Avoid US Government Shutdown

1.10.2023
The United States Senate passed a bipartisan bill on Saturday evening, just three hours before the midnight deadline, to prevent a government shutdown. The bill, which received overwhelming support with a vote of 88 to 9, funds the government for the next 45 days, until November 17. In a late...

Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto

1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...

Expect new crypto regulations to follow Bitcoin ETFs

30.9.2023
Will Bitcoin ETFs attract more regulatory attention to the crypto industry? We can only hope, because many questions need to be answered

US Representative Introduces Legislation to Mandate Reporting of Off-Chain Crypto Transactions to the CFTC

30.9.2023
Virginia’s Democratic representative Don Beyer has ushered in a fresh bill mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges, to be catalogued in a repository under the purview of the U.S. Commodity Futures Trading...

Industry leaders and policymakers weigh in on a potential US gov't shutdown

29.9.2023
A U.S. government shutdown was not inevitable, but even if one were to last for a matter of hours or days, lawmakers' priorities on their return may not be digital assets

CoinShares says US not lagging in crypto adoption and regulation

29.9.2023
CoinShares, a provider of crypto exchange-traded products in Europe, is optimistic about spot Bitcoin ETFs in the United States

Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit

29.9.2023
According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. Vinijtrongjit argued...

The World Federation of Exchanges Chips Recommendations for Crypto Service Providers as Regulatory Concerns Grow

29.9.2023
The World Federation of Exchanges, WFE has shared its suggestions for the digital asset sectors as user adoption and regulatory fears surges. In a Sept 28 press release, the exchange body pointed out six recommendations for the sector and regulators to address user fears as some of their members...

Venezuelan Crypto Watchdog Sunacrip Extends Restructuring Period; Community Asks for Clarity

29.9.2023
The Venezuelan government has officially announced the extension of the restructuring period for Sunacrip — the national cryptocurrency watchdog — by six months more due to the link of its former head with a corruption scheme. Asonacrip, a national crypto association, is asking Sunacrip to open...