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Regulation

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.

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.

Finance

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.

Crypto

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.

Finance

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.

Crypto

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.

Finance

Block Settles for $40M With New York Over Money-Laundering Violations

The blockchain firm settles with New York regulators, agreeing to an outside monitor to enhance compliance.

Altcoins

OpenSea Appeals to SEC for NFT Marketplace Exemption from Securities Rules

OpenSea seeks a formal exemption from SEC regulations for NFT platforms, asserting they should not be classified as exchanges.

Finance

Paul Atkins Nominated as New SEC Chair Following Senate Confirmation

The U.S. Senate has confirmed Paul Atkins to lead the SEC, signaling potential shifts in the agency's approach to cryptocurrency regulation.

Crypto

Pro-Crypto Paul Atkins Now Leads the SEC

Paul Atkins has been confirmed as the new SEC Chair, indicating a significant shift in the regulation of cryptocurrencies in the U.S.

Crypto

Justice Department Disbands Crypto Enforcement Team Amid Growing Concerns

The U.S. Justice Department has dissolved its Crypto Enforcement Team, shifting focus to serious criminal cases like cartels and terrorism, following insights from a recent IMF report on crypto risks.

Crypto

The Future of Non-USD Stablecoins: Can They Rise to the Challenge?

This article delves into the issue of non-USD stablecoins and their struggle to achieve competitive liquidity in the financial market dominated by USD-backed stablecoins.

Altcoins

Tether to Launch US-Only Stablecoin in Response to Regulatory Changes

Tether plans to introduce a stablecoin exclusive to the US market, responding to favorable regulatory shifts under the Trump administration.

Crypto

Hong Kong's SFC Approves Staking Services for Crypto Platforms

The Securities and Futures Commission of Hong Kong has given the green light for licensed crypto trading platforms to offer staking services, enhancing the region's role in digital asset management.