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Crypto Industry Holds Its Breath as US Election Debate Fails to Clarify Economic Policy
12.9.2024
After the first election debate, QCP Capital shared its perspective on how the U.S. election could influence the cryptocurrency market. According to the firm, investors remain cautious as their attention shifts to key macroeconomic indicators and the upcoming election decision. The CEO of Chirp,...
UK Bill Recognizes Digital Assets as Personal Property Under New Law
12.9.2024
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better...
UK gov’t introduces bill to clarify crypto’s legal status
11.9.2024
The proposed legislation would create an additional property category under UK law, identifying digital assets as “things.”
Caroline Ellison asks for time served, citing cooperation with US gov’t
11.9.2024
The elusive former CEO of Alameda Research will return to court on Sept. 24 for sentencing after pleading guilty to fraud and money laundering in 2022
India tops global crypto use despite offshore exchange ban
11.9.2024
India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received
State Regulator Warns of Crypto Fraud After Investor Loses $750K
11.9.2024
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the investment supposedly growing to $1.4 million, the investor faced continuous...
UAE regulators to allow Dubai-licensed VASPs to service entire country
11.9.2024
The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training.
Regulators Partner to Bolster UAE’s Crypto Hub Status
11.9.2024
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated...
Experts: Crypto In Early Stages of Growth Despite Rising Adoption
11.9.2024
The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe that the sector’s future depends on factors like regulatory developments and market stability. Singapore has emerged as a leading crypto hub due to its favorable...
Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO
11.9.2024
Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
11.9.2024
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that...
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...
Digital Chamber calls for Congress to address SEC actions against NFTs
10.9.2024
The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs
6% want to hear Harris and Trump talk about crypto at debate — Poll
10.9.2024
The first and possibly only US presidential debate in 2024 will have the two candidates meeting in person for the first time
Caroline Ellison asks to seal supporters’ info at Sept. 24 sentencing
10.9.2024
A filing in federal court suggested that the former Alameda Research CEO had a sentencing hearing scheduled for Sept. 24 — the first in the FTX case since Ryan Salame’s in May
Congressional elections critical for crypto’s future in the US
10.9.2024
The industry has amassed a historically large war chest, but little of it will be spent on the presidential clash between Trump and Harris
Crypto becomes US election issue for the first time — Survey
10.9.2024
Up to 73% of US respondents who currently own cryptocurrency believe that a candidate’s position on crypto will influence their vote in the presidential election
Indonesia’s licensing regime sparks ‘monopolistic’ market concerns
10.9.2024
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia's crypto ecosystem.
Singapore probes illegal Worldcoin accounts and token sales
10.9.2024
Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
10.9.2024
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications. The SEC aims to protect investors without...