Zodia Custody, a subsidiary of Standard Chartered bank, has partnered with Dubai Insurance to allow users to pay premiums in crypto. The insurer says that the initiative will establish the…
Browsing: Regulation
Venezuela’s widespread USDT adoption reveals how digital stablecoins replace cash amid severe dollar shortages and economic restrictions. Tether’s cooperation with U.S. agencies allows transaction monitoring, giving Washington valuable insights into…
Pakistan launches the Pakistan Crypto Council (PCC) to regulate digital assets, foster innovation, and strengthen financial stability in the crypto sector.
Members of the Group of Twenty (G20), have adopted the recently postponed roadmap focusing on the regulation of digital currencies. Proposed by the International Monetary Fund (IMF) and the Financial…
The crypto crackdown may slow down in the near term. This is because the SEC is now more focused on AI regulation. After more than two years of going after…
The US HFSC is reportedly working to introduce regulatory clarity in the crypto industry following years of campaigns. The committee is also coming up with a new digital asset market…
Polygon’s Policy Lead, Rebecca Rettig has shared an open letter sent to the EU to ease its data laws for decentralized software providers. Hardware wallet maker also joined in preparing…
In a statement regarding the new development, a spokesperson for the AFME, Caroline Liesegang, said the Parliament, Commission, and Council should provide a clear definition of what can be considered…
Russia and Iran are actively working to create a single token they can use across the Persian Gulf to settle international trade. The launch of a gold-backed stablecoin has left…
Following a proposal to reject a crypto mining ban, the EU considers disclosure and mitigation steps for the long-term sustainability of crypto assets. The EU’s executive arm urges member states…
According to CFTC Chairman Rostin Behnam, the provision of a regulatory framework would make way for incumbent institutions to experience institutional inflows. Recently, the leaders of the Senate Agriculture Committee…
IMF says the major reasons for better crypto regulation are the recent failures of virtual asset providers. The report also warns that regulators face an uphill battle regulating the crypto…
The crypto exchange revealed its action shortly after the account owner claimed they didn’t know why they couldn’t access their account. Binance didn’t disclose the name of the law enforcement…
According to the HUSD team, the closure of some market maker accounts in certain regions for regulatory reasons was the cause of the de-pegging. Stablecoin de-pegs have been rampant in…
South Korea’s police department is testing crypto seizures for fine defaulters. The country still plans to toughen its crypto policy. Gunpo (a South Korean town 23 kilometers away from Seoul…
Scamming has become a less enticing business for hackers as the crypto winter continues. Hackers are still excited at the prospect of being able to exploit several new DeFi applications.…
Warren wants the Office of The Comptroller of Currency (OCC), the Fed, and FDIC to collaborate and develop an alternative approach for the crypto industry to protect investors. Recent events…
Four members of the Senate Agricultural Committee proposed a bill as part of the need to regulate the crypto industry in the US. Just as the previous bill, this does…
The SEC alleges these individuals were running a standard pyramid and Ponzi scheme. Forsage has also had issues with authorities in other regions. The US Securities and Exchange Commission (SEC)…
According to European Banking Authority Chair José Manuel Campa, the agency cannot currently supervise digital assets. Campa also admitted that 2025 is a long journey from now, and the crypto…