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Kenya Establishes Working Group to Draft Rules Governing Crypto Entities


The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling...

S&P Global Says US Stablecoin Adoption Could Soar Following New Rules


S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence. The post S&P Global Says US Stablecoin Adoption Could Soar Following New Rules appeared first...

HashKey Group COO: Hong Kong’s Crypto Rules Might Limit Global Appeal


HashKey Group COO Livio Weng criticized Hong Kong's recent regulations around crypto trading, expressing concerns that they may impede access for international clients. The post HashKey Group COO: Hong Kong’s Crypto Rules Might Limit Global Appeal appeared first on Cryptonews

Lithuania’s Fintech Haven to Cull Crypto Firms Under New Licensing Rules


Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to commence next year, is expected to result in the removal of many digital asset companies. The post Lithuania’s Fintech Haven to Cull...

Singapore Imposes New Rules for Digital Payment Token Services


Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do...

US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps


The Justice Department and 16 state and district attorneys general have filed a civil antitrust lawsuit against Apple, accusing the tech giant of monopolizing or attempting to monopolize smartphone markets. The post US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps appeared...

MetaBirkins NFT Creator Barred from Museum Display After Hermès Lawsuit


Mason Rothschild, the artist behind the controversial MetaBirkins NFT project, has been banned from showcasing the pieces at a museum exhibition in Stockholm, a New York Judge ruled on March 13. The ruling follows a contentious legal battle between Rothschild and Hermès over its iconic Birkin...

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