Regulation
Hex Trust Secures Full Operating License from VARA in Dubai
In a significant development for the cryptocurrency sector, Hex Trust, an institutional-grade crypto custodian, has achieved a major breakthrough by securing a full operating...
UK Unveils Crypto Regulation Plan
The UK government has taken a significant leap towards regulating the crypto world. It announced a comprehensive strategy to oversee digital currencies, marking a...
UK Enacts Law for Quicker Crypto Seizure in Criminal Cases
The United Kingdom has taken a significant step in combating economic crimes by enacting a new law that grants police enhanced authority to seize...
PayPal Halts Crypto Purchases in the UK Due to New Regulatory Measures
Payments giant PayPal has announced that it will temporarily suspend crypto purchases in the United Kingdom until early 2024. The decision comes in response...
German Regulator Probes OpenAI CEO’s Worldcoin Project
Germany's data protection agency has been scrutinizing Worldcoin, a project helmed by OpenAI CEO Sam Altman, over concerns of large-scale handling of sensitive biometric...
India’s Supreme Court Calls for Crypto Regulations
The Supreme Court of India criticized the Union government on July 27 over its failure to implement clear regulations for cryptocurrencies, as reported by...
Grayscale Advocates for Simultaneous Approval of Bitcoin ETF Proposals
Grayscale, a renowned cryptocurrency fund manager, has urged the U.S. Securities and Exchange Commission (SEC) to give simultaneous approval to all proposed spot Bitcoin...
SEC Deems Major Firms’ Bitcoin ETF Filings Inadequate
The US Securities and Exchange Commission (SEC) has reportedly communicated to Nasdaq and Cboe that recent filings for spot Bitcoin ETFs are not up...
IMF Encourages Cryptocurrency Regulation, Warns Against Outright Ban
The International Monetary Fund (IMF) has reinforced its appeal for cryptocurrency regulation in several countries, suggesting that an outright ban might not be the...
Congressman Proposes Legislation to Dismiss Chair Gary Gensler
In a recent development in the U.S. Congress, Representative Warren Davidson, a noted advocate of cryptocurrencies, proposed a bill aiming for an overhaul of...
New York Legislation Proposes Acceptance of Stablecoins for Bail Payments
New York has proposed a law that could significantly alter the digital asset landscape in the United States. Assembly Bill number 7024 aims to...
SEC Campaign to Regulate Cryptocurrencies
The Securities and Exchange Commission (SEC) has been pushing to regulate cryptocurrencies since 2017, claiming it has the authority to oversee many digital coins...