Category: Regulation
Cryptocurrency Regulation News
Coinbase Gets Restricted Dealer License in Canada
Coinbase is operating two entities in Canada as per a new report. The first firm is Coinbase Canada which has an international trading services provider…
Crypto Derivatives Platform Deribit Moves to Dubai After Acquiring VARA License
Derivatives exchange Deribit reportedly secured a VARA license recently as per a new Cointelegraph article. Following the license, the firm announced that it is shifting…
Data Regulators in Portugal Halt Worldcoin Activities for 90 Days
The data regulatory authority of Portugal has asked Worldcoin to seize operations for 90 days. As per a new Cointelegraph article, the agency noted that…
US Treasury Probes Hamas’s Utilization of Cryptocurrency Preceding October 7 Attack
US Treasury Investigates Hamas’s Funding Sources The US Treasury Department has initiated a comprehensive investigation into $165 million worth of cryptocurrency transactions suspected to have…
SEC Postpones the Approval of Grayscale’s Ether Futures ETF
The Securities and Exchange Commission of the United States recently announced postponing the decision on Grayscale’s Ether Futures ETF application. Grayscale in addition to Bitcoin…
Dubai Financial Authority Introduces New Digital Asset Law
The Dubai International Finance Center (DIFC) is a special economic zone that resides more than 5000 workers. The DIFC administration recently announced new digital asset…
UK Regulators Adapt a New Approach for CBDCs and Stablecoins
The policymakers in the United Kingdom are working on introducing a regulatory framework to establish clarity for stablecoins and CBDCs. The coordinated approach was proposed…
Hong Kong Blocks Fake Cryptocurrency Exchange Websites
A blockchain security analytics firm Hacken has indicated that detecting fake crypto trading platforms is not an easy task. Bartosz Barwikowski, layer-1 security expert at…
Indonesia’s Regulatory Agency Proposes Taxation Changes for Cryptocurrencies
The Commodity and Futures Trading Regulatory Agency has initiated the request to revise taxation policies for cryptocurrencies. The federal regulatory authority of Indonesia noted that…
Former US President Donald Trump Changes his Stance on Bitcoin
The latest political trend on X has indicated a change of stance on crypto policy among one of the US presidential candidates. People on social…
UK Financial Regulator Issued 450 Consumer Alerts for Illegal Crypto Ads in 2023
The Financial Conduct Authority (FCA) of the UK recently ordered the withdrawal or editing of more than 10,000 finance-based advertisements last year. FCA is an…
US Treasury Asks Congress to Crack Down Against Illegal Activities in Crypto
Brian Nelson, an official at the United States Treasury recently initiated a directive addressing Congress about cryptocurrency investments. The House Financial Services Committee received the…
All You Need To Know About Nigeria’s eNaira CBDC
What is CBDC? CBDCs stand for Central Bank Digital Currencies. CBDCs are a type of cryptocurrency that is issued on blockchain networks. A mainstream cryptocurrency…
DoJ Charges Two District School Staff Over Crypto Mining
Penalizing Crypto Miners Two high-ranking members of the Patterson Joint Unified School District have been charged by the US Department of Justice (DoJ) with allegedly…
Understanding IRS’s Bitcoin ETFs Taxation: A Simple And Effective Guide
Amidst the growing interest in the crypto market, the introduction of Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention. This guide delves into the intricacies…
Commissioner Peirce Criticizes SEC’s Gag Rule Modification Rejection
A US Securities and Exchange Commission (SEC) official is concerned about a rule that forbids defendants from criticizing the agency’s claims while enforcement cases are…
Taylor Swift’s Deepfakes: US Lawmakers Hasten AI Regulatory Efforts
Legislative Response To Swift’s Deepfakes After Taylor Swift’s deepfake scandal, US lawmakers are ramping up efforts to introduce comprehensive legislation targeting the production and dissemination…
US NSF Join Forces With Nvidia To Expand AI Innovation
Partnering For AI Discovery And Innovation Prominent artificial intelligence (AI) chip manufacturer Nvidia, in collaboration with the US National Science Foundation (NSF), is set to…
ChatGPT Will Make Better Crypto Regulations – Ripple CEO
Garlinghouse Criticizes SEC’s Regulatory Approach Ripple CEO Brad Garlinghouse has taken a swipe at Gary Gensler, the United States Securities and Exchange Commission (SEC) chairman,…
Tether Counters UN Report Linking USDT With Money Laundering
UNODC’s Research On USDT A recent report published by the United Nations Office on Drugs and Crime (UNODC) has labeled USDT as the preferred asset…
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