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Nigerian crypto advocates push for regulatory reforms amid protests
1.8.2024
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen
Nigerian crypto advocates push for regulatory reforms amid protests
1.8.2024
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen
BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring
31.7.2024
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers
Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer
31.7.2024
Two American artists filed suit against the U.S. Securities and Exchange Commission (SEC) on Monday, seeking a declaratory judgment from a Louisiana court that their forthcoming non-fungible token (NFT) projects would not violate U.S. securities laws
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
31.7.2024
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, the report said
Ripple CEO Slams SEC on ‘Hypocrisy’ & Confusing Regulations
31.7.2024
Ripple has been in and out of the doghouse multiple times due to the SEC’s breakdown on crypto, but it has always come back stronger. Brad Garlinghouse, Ripple’s CEO, has highlighted the need for clear, consistent policies to enable the crypto industry’s growth and creativity, citing...
The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law
31.7.2024
The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday
EU AI Act comes into effect — Here’s what to expect
31.7.2024
The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations
Coinbase Concerned About 'Ongoing Regulation by Enforcement' in Australia
31.7.2024
Coinbase (COIN) is concerned about “ongoing regulation through enforcement” which is not “helpful to the overall direction of the industry” in Australia ahead of expected draft legislation, senior executives of the cryptocurrency exchange told CoinDesk
UK Law Commission Proposes Crypto as Personal Property
31.7.2024
The Law Commission of England and Wales has proposed a regulation to establish a new category of personal property for cryptocurrencies. If implemented, this initiative would provide a clear legal framework for assets like cryptocurrencies and NFTs. Crypto and NFTs Might Attract Property Rights...
BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction
31.7.2024
While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
31.7.2024
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted...
Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ
30.7.2024
Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday
Russia Legalizes Crypto Mining and Brings an Experimental Regime
30.7.2024
Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported
WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
30.7.2024
Indian cryptocurrency exchange WazirX’s co-founder Nischal Shetty told CoinDesk that outreach efforts to different exchanges "are going to be crucial," as it remains open to "everything that is possible to help solve this situation."
Russia Legalizes Use of Bitcoin for Cross-Border Payment
30.7.2024
Russia has been a paragon of adopting crypto following the sanctions it faced during the war with Ukraine. The country has been witnessing increased use of digital assets not only among its citizens but also at the government level. In line with this, the Russian State Duma Committee on Financial...
BitClout Founder Charged With Wire Fraud, Civil Securities Charge
30.7.2024
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities
What's next for UK crypto regulations after Coinbase's $4.5M fine?
30.7.2024
The FCA’s fine points to a “one-off” enforcement action, not a wider crackdown on the industry, according to a legal expert
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case
30.7.2024
The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning
One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
29.7.2024
With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release