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South Korea's Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
20.12.2023
The two aim to strengthen cooperation on crypto regulations before South Korea's new crypto laws go into effect next year
IOSCO Publishes Policy Recommendations for Decentralized Finance (DeFi)
20.12.2023
Source: Adobe / BeNeDak The International Organization of Securities Commissions (IOSCO), which sets standards for securities market regulation globally, has issued policy recommendations for the supervision of decentralized finance (DeFi). On December 19, IOSCO unveiled nine policy recommendations...
China Vows to Clarify Web3, NFT Development Path
20.12.2023
Moving forward, China's Web 3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said
Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
20.12.2023
Organizing as DAOs doesn't mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says
42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: PwC
19.12.2023
More than 40 countries have taken aim at advancing crypto-focused regulations and legislation this year, signaling wider cryptocurrency adoption globally may be underway. That’s according to a new report from professional services firm PriceWaterhouseCoopers
UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers
19.12.2023
Finance Minister Jeremy Hunt said U.K., and London in particular, has become "the global crypto hub."
HashKey Capital Singapore Secures Capital Markets Services License From MAS
19.12.2023
The firm follows crypto exchange DigiFT, which received a CMS license last month
Do Kwon Successfully Appeals Extradition Decision by Montenegro Court
19.12.2023
A previous decision that legal requirements for extradition had been met was rejected by the country's Appeals Court
Elizabeth Warren Pushes Back at Blockchain Lobbying Efforts
19.12.2023
In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress
Indonesia Vice Presidential Candidate Promises to Create 'Crypto Experts' as Election Looms
19.12.2023
Indonesia's dynamic crypto market is a focus for politicians looking to use it to fuel the country's economic growth
DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
19.12.2023
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses
UK Publishes Regulations for a Digital Securities Sandbox
18.12.2023
The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities
Revolut to Suspend UK Crypto Services Citing FCA's New Ad Rules: CityAM
18.12.2023
Many crypto firms have had to withdraw their services to adjust to the FCA's promotions rules, which came into effect in October
Tether’s USDT Stablecoin Depegs from US Dollar on Exchanges After Company Froze $435M
18.12.2023
Tether’s cooperation with law enforcement has led to the USDT depeg crisis. Image by akif, Adobe Stock. Tether’s USDT, the largest stablecoin by market capitalization, depegged from its intended $1 price amid growing scrutiny over the company’s December 15 announcement of a wallet-freezing...
Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election
18.12.2023
The group has support from Andreessen Horowitz (a16z), Ark, Circle, Ripple, Coinbase and more
Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says
18.12.2023
EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel tells CoinDesk
US Lawmakers Slam SEC and Chair Gensler for Refusing to Provide Clear Regulation for Crypto Industry
17.12.2023
U.S. lawmakers have slammed the Securities and Exchange Commission (SEC) and its chairman Gary Gensler for refusing to provide clear crypto regulation. “SEC Chair Gary Gensler’s continued refusal to provide clarity for the digital asset ecosystem is shameful,” one congressman said....
Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report
15.12.2023
The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections
U.S. SEC Denies Coinbase's Push for Crypto Regulations as 'Unwarranted'
15.12.2023
U.S. crypto exchange Coinbase's petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday
Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
15.12.2023
Stablecoins' widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said