Regulation
Federal Reserve Bars Member Banks from Cryptocurrency Banking
The Federal Reserve Board has warned member banks about a ban on cryptocurrency banking activity. In a recent final rule, the Federal Reserve System...
South Korea Regulates Digital Assets as Securities under Capital Markets Act
South Korea has made rules about which kinds of digital assets will be considered securities and must follow the laws that apply to them....
India Set to Introduce Crypto Measures This Year: Ajay Seth
India's Economic Affairs Secretary Ajay Seth announced plans to introduce "measures around crypto" this year during a post-budget press conference in Mumbai. Meanwhile, India's...
Australia Releases Crypto Taxonomy Consultation Paper
The Australian Treasury has taken a step forward in regulating the cryptocurrency market by releasing a consultation paper on "Token Mapping." The paper outlines...
UK to Implement New Regulations for Crypto Assets After FTX Bankruptcy
After the cryptocurrency exchange FTX went bankrupt and caused billions of dollars in losses for millions of users, the United Kingdom's Ministry of Finance...
Panamanian Supreme Court to Decide Fate of Country’s Crypto Law
The Panamanian Supreme Court is now in a position to rule on the fate of the country's cryptocurrency business, marking a new milestone in...
India’s Government Steps Up Efforts to Clarify Regulation of Crypto Assets
India may soon have a clearer understanding of the regulation of crypto assets as the government has stepped up its efforts in that direction....
White House Advisors Release Roadmap to Mitigate Risks of Cryptocurrencies
In 2022, the cryptocurrency market faced a number of challenges, including the collapse of a "stablecoin" and a major cryptocurrency exchange. These events resulted...
Kazakhstan Financial Monitoring Agency Disbands Illegal Crypto Exchanges
The Financial Monitoring Agency (FMA) of Kazakhstan has taken action against a group involved in illegal cryptocurrency trading. The group was operating through various...
Central African Republic Sets Up Committee to Draft Cryptocurrency Legislation
According to CAR leader Faustin-Archange Touadéra, the Central African Republic (CAR) has set up a committee to draft a bill on the use of...
Coinbase Fined 3.3 Million Euros by Dutch Central Bank for Regulatory Non-Compliance
The Dutch central bank, De Nederlandsche Bank (DNB), has imposed a fine of 3.3 million euros ($3.6 million) on cryptocurrency exchange Coinbase for non-compliance...
Former SEC Official Warn: The Regulatory Onslaught Is Just Beginning
Former SEC internet enforcement chief John Reed Stark has cautioned that the crypto industry is about to face a "regulatory onslaught." For 11 years,...