Crypto Regulations News

Crypto News

China Considers Letting Yuan-Backed Stablecoins Into Use To Boost Global Yuan Adoption

China will review a plan later this month that could allow yuan-backed stablecoins for the first time, sources told Reuters’ reporters, published earlier today,...
Crypto News

SEC Chair Paul Atkins Signals Friendlier Stance Toward Crypto At Wyoming Event

SEC Chair Paul Atkins said on Tuesday that only a small number of tokens should be treated as securities, marking a shift from the...
Crypto News

US Fed Vice Chair Michelle Bowman Proposes Permitting Central Bank Staff To Hold Small Crypto

Michelle Bowman, Vice Chair for Supervision at the U.S. Federal Reserve, suggested that the staff of the central bank can own small sums of...
Crypto News

Illinois Governor Approves New Crypto Oversight Laws Aimed At Regulating Exchanges And ATMs

On Monday, the 18th of August, two bills were passed by Illinois Governor Pritzker. These two bills covered the Digital Assets and Consumer Protection...
Crypto News

Texas Judge Supports Logan Paul’s Attempt To Dismiss CryptoZoo Lawsuit, Here’s Why

YouTuber Logan Paul has gotten a boost in his ongoing battle in the courts over the failed CryptoZoo NFT project after a Texas magistrate...
Crypto News

South Korea’s FSC To Unveil Regulatory Framework For Won-Denominated Stablecoins This October

The Financial Services Commission of South Korea will present a bill on won-backed stablecoins in October in Seoul. The move comes as the government...
Crypto News

Japan’s FSA Prepares To Approve First Yen-Backed Stablecoin This Autumn

Japan’s Financial Services Agency (FSA) is preparing to authorise the first stablecoin backed by the yen, with approval expected to come this autumn.  The move...
Crypto News

South Korea’s Jeju City Cracks Down on 2,962 Individuals in Tax Arrears Using Crypto Seizures

Local authorities in Jeju City, South Korea, have launched a sizeable operation to combat delinquent tax payment by identifying cryptocurrency custodians of individuals who...
Crypto News

SEC Chairman Paul Atkins Says Agency is Mobilising to Make U.S. The Global Crypto Hub

SEC Chair Paul Atkins said, on Friday, August 15th, that the regulator is preparing to carry out President Donald Trump’s plan to turn the...
Crypto News

UAE Expands Crypto Payments For Airlines Like Emirates, Air Arabia & Others As Regulators Tighten Ties

The United Arab Emirates is implementing policies that allow the purchase of airline tickets with cryptocurrencies. A number of airlines in the UAE began...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

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A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

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Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

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A group of clients has sued Kalshi Inc., alleging...
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