New York City Mayor Eric Adams unveiled a proposal to create a groundbreaking financial instrument: the
UK Crypto Regulation: FCA Launches Public Consultation on Stablecoins and Custody
The United Kingdom is taking a significant step toward establishing clear and robust regulatory frameworks for digital assets. The Financial Conduct Authority (FCA), the nation’s financial watchdog, has […]
UK FCA Unveils New Stablecoin & Crypto Custody Rules
The UK Financial Conduct Authority (FCA) has proposed new regulations aimed at stabilizing the cryptocurrency market by strengthening rules around stablecoins and crypto custody services. The proposal aims […]
UK’s FCA and BoE Collaborate on Stablecoin & Crypto Regulation Regime
The UK Financial Conduct Authority (FCA) and the Bank of England are joining forces to establish comprehensive regulations for stablecoins and crypto custody services. This move marks a […]
Ripple Calls for SEC to Adopt Network Maturity Standard
In a bid to clarify cryptocurrency regulation in the U.S., Ripple Labs has proposed a shift from the current ‘sufficient decentralization’ standard to a new ‘network maturity’ framework. […]
Ripple’s Legal Team Asks for SEC Clarification on Digital Asset Classification
Stuart Alderoty, Ripple’s Chief Legal Officer (CLO), has written to the US Securities and Exchange Commission (SEC) in response to Commissioner Hester Peirce’s inquiries. The letter addresses when […]
Ripple Proposes ‘Network Maturity’ Test for Crypto Token Classifications
In a bid for clarity on cryptocurrency classification, Ripple’s Chief Legal Officer, Stuart Alderoty, has proposed a new framework known as the ‘Network Maturity’ test. This test aims […]
Labor Department Revokes Crypto Restrictions in 401(k)s
The U.S. Department of Labor has reversed its stance on cryptocurrencies in retirement plans, withdrawing a directive that discouraged fiduciaries from offering digital assets within 401(k)s. The department […]
FCA Soliciting Input on Stablecoin Regulations and Crypto Custody Frameworks
The Financial Conduct Authority (FCA) has initiated a consultation process regarding stablecoins and crypto custody frameworks, marking a significant development in the UK’s evolving regulatory approach to digital […]
ASIC Suing Former ACX Exec Allan Guo Over Crypto Exchange Collapse
The Australian Securities & Investments Commission (ASIC) has initiated legal action against former ACX executive, Allan Guo, alleging mismanagement during the exchange’s demise. The lawsuit highlights growing scrutiny […]
Ripple Takes On SEC: XRP Community Pushes for Regulatory Clarity
Ripple has launched a counteroffensive in its ongoing legal battle with the SEC, pushing back against the agency’s interpretation of digital assets as securities. The company issued a […]
South Korea’s First Crypto Market Manipulation Case: Suspects Granted Bail
A significant development in the world of crypto regulation has unfolded in South Korea. For the first time under their new virtual asset law, suspects accused in a […]
US Senate Approves Key Bill for Stablecoin Regulation
The U.S. Senate has made significant progress towards regulating stablecoins, a move that could reshape the digital asset market in the country. A key piece of legislation known […]
Ripple Calls for Clearer Legal Framework in Crypto Market
Ripple’s legal team has intensified its push for clarity regarding the SEC’s approach to cryptocurrency regulations, challenging the agency’s broad interpretation of ‘investment contracts’. The firm’s Chief Legal […]
Ripple Urges SEC to Clarify Crypto Classification for Increased Innovation
Ripple’s legal team, led by Stuart Alderoty, has criticized the SEC’s interpretation of ‘investment contracts’ in cryptocurrencies. Alderoty argues that true contracts between buyers and sellers are not […]