Showing articles in Regulation

How Hong Kong Can Become Asia's Leading Crypto Center

Establishing a solid regulatory framework is essential for Hong Kong to attract investments in the digital asset industry.

Crypto

Tether May Need to Liquidate Reserves to Meet New U.S. Stablecoin Regulations: JPMorgan

JPMorgan's report highlights Tether's compliance struggles amid proposed U.S. stablecoin regulations.

Policy

Coinbase Negotiates to Re-enter Indian Market After Two-Year Absence

Coinbase is in discussions with Indian regulators to re-establish its presence in India, following its exit in 2023.

Altcoins

Coinbase Set to Re-Enter Indian Market After 2023 Withdrawal

Coinbase is planning to return to India after exiting due to regulatory challenges in September 2023.

Altcoins

The Chaotic Landscape of Meme Coins and SEC's Regulatory Approach

SEC Commissioner Hester Peirce suggests that meme coins like TRUMP may not fall under strict regulations, raising questions about future oversight.

Crypto

Two Additional U.S. Regulatory Agencies Shift Focus Toward Crypto: Insights from OCC and CFPB

The recent changes in leadership at key U.S. financial regulatory agencies may favor the cryptocurrency sector, according to experts.

Policy

Hong Kong's Strategic Approach to Crypto Regulation: Insights from Duncan Chiu

Duncan Chiu emphasizes the benefits of a cautious strategy in regulating cryptocurrencies in Hong Kong.

Sports

Polymarket Bettors Wager $1.1 Billion on Superbowl Outcome Amid Regulatory Challenges

Bettors on Polymarket placed a staggering $1.1 billion in wagers regarding the recent Superbowl, highlighting the platform's growing popularity despite regulatory scrutiny.

Policy

U.S. Regulator Launches Stablecoin Tokenization Initiative

Acting Chairman Caroline Pham of the Commodity Futures Trading Commission is spearheading a new program to explore tokenization using stablecoins.

Cryptocurrency News

South Korea's Crypto Exchange Landscape Shrinks by 26% This Week

A stark decline in the number of operational crypto exchanges in South Korea highlights the impact of strict regulatory policies on the market.

Policy

Bybit Gains Approval from India After Paying $1 Million Fine

Bybit has completed its registration with India's Financial Intelligence Unit after settling a substantial fine for operating without authorization.

Crypto News

India Takes Action Against Bybit: $1 Million Fine and Website Unblock

Bybit faces substantial penalties and regulatory challenges in India following compliance issues.

Policy

FDIC's Acting Chair Shares New Vision for Crypto Regulation Amid Senate Inquiry

Travis Hill, acting chairman of the FDIC, outlines a new approach to cryptocurrency regulation as U.S. senators raise concerns regarding debanking practices affecting crypto businesses.

Crypto

Hong Kong's Legislative Push for Bitcoin Investments After US Crypto Conference

Jonny NG Kit-chong, a legislator in Hong Kong, calls for rapid implementation of a cryptocurrency framework following discussions with US officials.

News

SEC Moves to Reduce Crypto Regulations: A New Dawn for Digital Currency?

Exploring the SEC's new crypto task force and the future of digital asset enforcement following regulatory rollbacks.

Policy

CFTC Chair Pham Announces Changes to Enforcement Strategy

The U.S. Commodity Futures Trading Commission's enforcement division is undergoing major changes to enhance its focus on fraud prevention.

Crypto

Bitcoin Drops Below $97K After David Sacks' Press Briefing

A downward trend in Bitcoin prices follows a press conference led by David Sacks, focused primarily on regulatory discussions.

Policy

Hester Peirce Unveils Key Focus Areas for New Crypto Regulatory Committee

The SEC's Crypto Task Force aims to establish clear regulations in the crypto sector, emphasizing patience as they work through existing legal complexities.