Crypto Regulations News

Crypto Regulations News

Hong Kong’s SFC Allows Staking Services, Sets New Risk Management Rules for Platforms

On April 7th, the Securities and Futures Commission (SFC) of Hong Kong formally published new rules that permit authorized virtual asset trading platforms to...
Crypto Regulations News

Brazilian Court Grants Judges Authority to Seize Crypto via Exchanges for Debt Collection

The Superior Court of Justice (STJ) in Brazil has made a significant decision by granting judges the power to inform cryptocurrency exchanges that they...
Crypto News

Bitget Secures El Salvador Digital Asset Service Provider (DASP) License of Dual Regulatory Compliance Strategy

Bitget, a leading global cryptocurrency exchange, has officially secured a Digital Asset Service Provider (DASP) license from the National Digital Asset Commission (CNAD) of...
Crypto News

UAE-Based Crypto Company CLS Global Penalized $428,000 Amid Wash Trading Scheme Targeting U.S. Markets

CLS Global, a cryptocurrency financial services company based in the United Arab Emirates, has been penalized $428,059 after pleading guilty to market manipulation and...
Crypto Regulations News

South Korea May Permit Foreign Investors in Cryptocurrency Sector If Exchanges Meet AML Requirements

South Korea's Financial Services Commission (FSC) has announced a potential shift in its cryptocurrency regulations, signaling that foreign investors may soon be allowed to...
Crypto Regulations News

The US House Financial Services Committee Passes Stablecoin Act, Details Inside

The US House Financial Services Committee approved a Republican-backed stablecoin framework bill today after a lengthy debate. The Committee passed the STABLE Act with...
Crypto Regulations News

Russia Unveils New Mechanism to Convert Seized Crypto into State Revenue

The Russian government has taken a rather surprising step towards laws about seizing crypto assets in the nation. In order to turn Bitcoin which...
Crypto News

UK Trade Groups Urge PM Starmer To Appoint Crypto Envoy & Develop Digital Asset Strategy

A coalition of British trade associations is pushing the government to take a more proactive approach toward blockchain and digital assets.  In a letter sent...
Crypto News

Musk’s X Urges SC To Block Law Enforcement’s Demand For Users’ Data From Crypto Exchanges

Elon Musk’s social media platform X is taking a stand against government efforts to access user financial data without a warrant. The company has...
Crypto Regulations News

Binance Suspends $USDT Spot Trades in Europe, Keeps Perpetual Contracts Open

As part of its attempts to adhere to the new MiCA (Markets in Crypto-Assets) laws, Binance has banned $USDT spot trading in Europe. While...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

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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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