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Regulation

New Crypto Regulations Introduced by UK Government

The UK government has outlined new regulatory measures for crypto exchanges and stablecoins.

UK's New Crypto Law: No License, No Bitcoin

The UK government introduces a harsh law implementing strict regulations on cryptocurrencies, making major changes for exchanges and financial service providers.

Adoption

South Korea's Ruling Party Commits to Approving Spot Crypto ETFs by Year-End

The People Power Party in South Korea has pledged to legalize spot cryptocurrency exchange-traded funds and transform the digital asset regulatory framework.

Finance

Citi Foresees Stablecoins Leading Blockchain Revolution, Projected to Reach $3.7 Trillion by 2030

Citi's forecast indicates that stablecoin adoption may mirror the transformative impact of AI applications, with significant growth anticipated in the coming years.

Policy

Nasdaq Advocates for Clear Crypto Classification in SEC Correspondence

A detailed letter from Nasdaq to the SEC suggests a comprehensive categorization for digital assets essential for forthcoming U.S. regulations.

Crypto News

Review of Africa Crypto Week: Ghana Moves to Regulate Cryptocurrency as Binance Implements Stricter Regulations in South Africa and Nigeria Stepping Up Crackdowns

This week in African crypto, Ghana is set to introduce regulations by 2025, while Binance fortifies its measures in South Africa, and Nigeria escalates its efforts against unregulated crypto businesses.

Finance

An Overview of the Asian Crypto Landscape: Challenges and Innovations

Exploring the diverse strategies and regulatory frameworks in the Asian cryptocurrency market amidst growth.

Policy

ECB and European Commission Disagree on Crypto Regulations Over U.S. Policies

The European Central Bank raises concerns that U.S. support for cryptocurrencies may undermine the financial stability of the European Union according to recent reports.

Policy

Paul Atkins Takes Charge as Chairman of the Securities and Exchange Commission

Paul Atkins has been appointed as the new chairman of the SEC, moving towards a more accommodating stance on digital assets.

Finance

Paul Atkins Takes Office as SEC Chairman, Foreshadows Crypto-Friendly Shift

Paul Atkins is sworn in as SEC Chair, hinting at a more favorable regulatory approach towards cryptocurrencies.

Policy

U.S. Derivatives Watchdog Considers 24/7 Crypto Trading Oversight

The CFTC is inviting public input on the feasibility of continuous trading for derivatives, including those related to cryptocurrencies.

Finance

Dissecting the DOJ's New Crypto Enforcement Approach

Legal experts express concerns about the implications of the DOJ's recent shift away from prosecuting in the crypto sphere.

Altcoins

Challenges Faced by WazirX Hack Victims Highlight Regulatory Gaps in India

The Indian Supreme Court's recent decision dismisses a petition filed by victims of the WazirX hack, raising concerns about the lack of cryptocurrency regulations.

Altcoins

South Korea Prohibits 14 Crypto Exchanges Including KuCoin and MEXC on Apple App Store

South Korea's Financial Services Commission has banned 14 unregistered cryptocurrency exchanges from the Apple app store, intensifying regulations against non-compliant virtual asset service providers.

Policy

South Korea Targets KuCoin and MEXC by Blocking Their Crypto Apps

South Korean authorities are implementing measures to block unreported foreign crypto applications, including those from KuCoin and MEXC.

Legal

New Illinois Cryptocurrency Law Could Alter Retail Trading Landscape

Illinois has enacted a new cryptocurrency law that may change trading dynamics, raising concerns about potential regulatory overreach.

Policy

U.S. SEC Explores Short-term Oversight for Crypto Trading Platforms

Interim SEC Chairman Mark Uyeda expresses support for temporary regulatory measures to foster innovation in the crypto sector.

Finance

Repeal of IRS DeFi Broker Rule Marks Major Crypto Victory, Yet Challenges Ahead

The recent repeal of the IRS's DeFi broker rule signals a significant win for the cryptocurrency industry, but uncertainty about future regulations looms.