Browsing: Regulation

A 77-year-old widow’s heartbreaking loss of $281,947 in a crypto ATM scam underscores the urgent need for awareness and regulation in the cryptocurrency space.

Invesco and Galaxy Digital have taken a significant step by filing for a Solana ETF, joining eight other asset managers in the race to launch the first such fund in the US.

Kalshi secures a groundbreaking $185M funding at a $2B valuation, marking a significant milestone for prediction markets.

Kraken cryptocurrency exchange has obtained a MiCA license in Ireland, marking a significant step in its expansion across the European Economic Area under the EU’s new regulatory framework.

Wyoming Senator Cynthia Lummis targets 2026 for the enactment of two key cryptocurrency bills, aiming to bring regulatory clarity to stablecoins and the crypto market structure.

Fannie Mae and Freddie Mac are set to include cryptocurrencies in their mortgage risk assessments, marking a significant step towards mainstream acceptance of digital assets.

Barclays announces a ban on cryptocurrency transactions via its Barclaycard credit cards, citing volatility and lack of investor protection as key concerns.

Exploring how the GENIUS Act could reshape the legal proceedings against Terraform Labs co-founder Do Kwon and the broader implications for cryptocurrency regulation in the US.

The FHFA is exploring the use of Bitcoin in mortgage qualifications, signaling a potential shift in how digital assets are integrated into traditional finance amidst the US housing crisis.

A7A5, a Russian ruble-backed stablecoin, has become a focal point in the crypto market due to its rapid growth and controversial ties to the sanctioned Garantex exchange and its successor, Grinex.

Eight major South Korean banks are set to launch a won-pegged stablecoin by 2026, aiming to reduce the dominance of US dollar-pegged stablecoins and bolster the country’s position in the digital finance market.

The Bank for International Settlements (BIS) critiques stablecoins for failing to meet essential monetary criteria, advocating for regulatory constraints to mitigate risks.

A lawsuit against Digital Currency Group by Genesis reveals allegations of financial mismanagement and ignored warnings, shedding light on a toxic workplace culture and public deception.

The Bank of Korea proposes a phased approach to stablecoin issuance, prioritizing regulatory oversight and consumer protection in the evolving digital currency landscape.

Coinbase’s collaboration with the US Secret Service led to the largest-ever cryptocurrency seizure, marking a significant step in the fight against crypto scams.

A bipartisan hearing on crypto market structure legislation saw low attendance, highlighting challenges in achieving regulatory consensus for digital assets.

New York City Mayor Eric Adams outlines his vision for cryptocurrency integration in the city, from education to municipal bonds, amidst political and legal challenges.

The US Senate Banking Committee’s digital assets subcommittee is set to discuss the establishment of a digital asset market structure framework, with testimony from former CFTC Chair Rostin Behnam and industry leaders.

The Trump administration is considering an executive order to protect cryptocurrency firms from banking discrimination, addressing concerns over ‘Operation Chokepoint 2.0’.

Japan’s FSA proposes reclassifying cryptocurrencies as financial products, potentially enabling ETFs and reducing taxes, as part of its ‘New Capitalism’ strategy to boost the economy.