Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July...
Regulation
Vivek Ramaswamy Predicts Trump’s Crypto Advantage and Harris’ Digital Asset Policy
Vivek Ramaswamy, a former presidential candidate, has predicted that former U.S. President Donald Trump will gain support from pro-bitcoin and...
FINMA Warns Stablecoins Threaten Swiss Financial Reputation
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says...
Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S....
UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by...
UK’s Coinbase subsidiary fined $4.5 Million for high-risk customer breaches
CB Payments Limited (CBPL) a subsidiary the Coinbase Group fined $4.5 million by FCA for onboarding high-risk customers. Breaches occurred...
UAE Central Bank introduces new Stablecoin regulations
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments....
Gate.io terminates services for Japanese customers amid regulatory pressures
io halts Japanese operations due to FSA regulatory compliance demands. The exchange will assist Japanese customers in migrating to compliant...
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory...
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that...
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators...
Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation
Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach...
Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to...
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized...
Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May
The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange...
South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms
South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to...
Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration
Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted...
JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process
Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds...
IMF Urges Ukraine to Finalize Crypto Legislation, Government Official Reveals
The International Monetary Fund (IMF) has urged Ukraine to finalize its crypto legislation, the country’s Deputy Minister of Digital Transformation...
Ripple’s Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto’
Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps...
Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License
Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the...
Singapore Imposes New Rules for Digital Payment Token Services
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional...
