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Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto
21.12.2023
Prometheum Inc., with the latest regulatory notch on its belt, is about to finally test whether a viable crypto platform can operate entirely within U.S. Securities and Exchange Commission (SEC) regulations
FDIC’s Sign and Ad Rules Update May Impact Crypto Industry – Here’s How
21.12.2023
Source: AdobeStock / JHVEPhoto The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its official signs and advertising, potentially influencing public perception of certain crypto firms. The FDIC announced on December 20 that its board...
Court Freezes $1 Billion of Assets of Three Arrows Capital Founders
21.12.2023
The worldwide order by a British Virgin Islands court applies to founders Su Zhu, Kyle Davies and Davies' wife, Kelly Chen
Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code
21.12.2023
Russia's digital ruble has been integrated into the nation's tax code after its President Vladimir Putin signed the move into law
Ripple Executive Predicts ‘Breakout Moment’ for Crypto Institutional Adoption
21.12.2023
Ripple’s president has shared her crypto predictions, stating that 2024 could mark “the breakout moment where institutional adoption for real-world utility takes off.” She emphasized: “The industry needs to build compliance tooling in a decentralized environment. It’s...
UK to Cooperate With Crypto Industry on Legislation for Digital Securities
20.12.2023
The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents
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
Coinbase CEO Says an Anti-Crypto Stance is a Bad Political Strategy Ahead of 2024
20.12.2023
Source: a video screenshot Coinbase CEO Brian Armstrong has said that an anti-crypto stance will be a bad political strategy for the 2024 elections giving reasons why millions of young people are backing digital assets. In a Dec 19 post on X ( formerly Twitter), the Coinbase Chief Executive listed...
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
Over 40 Countries Forge Ahead with Cryptocurrency Regulation and Legislation: PwC
20.12.2023
Image by motortion, Adobe Stock. More than 40 countries have made significant strides in advancing crypto-focused regulations and legislation this year, indicating a growing global trend towards wider cryptocurrency adoption. According to a recent report from professional services firm...
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
Spot Bitcoin ETFs Poised to Tap $30 Trillion Market, Says Grayscale CEO
20.12.2023
Grayscale Investments expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to allow the $30 trillion advised wealth market to gain exposure to bitcoin. “I do think there is a lot of optimism in the market,” said...
UK Treasury Unveils Regulatory Framework for Digital Securities Sandbox
19.12.2023
Source: Pixabay The UK Treasury has revealed its regulatory framework for a Digital Securities Sandbox under the Financial Services and Markets Act. In a memo published on Monday, the UK Treasury explained that the purpose of these regulations is to establish a regulated setting, enabling both...
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."
FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions
19.12.2023
This deal will pave the way for assets to be be pooled and distributed to FTX.com customers
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
Elizabeth Warren Opposes Blockchain Lobbying Efforts, Writes Letter to Association – What’s Going On?
19.12.2023
Source: YouTube/Senator Elizabeth Warren Sen Elizabeth Warren has opposed the growing cryptocurrency lobbying efforts in Washington calling on all stakeholders to support regulations to clamp down on terrorist financing amid other concerns. In a letter addressed to the United States Blockchain...
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
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