The U.S. Securities and Exchange Commission (SEC) is taking decisive action following the Ripple case, launching a new initiative called ‘Project Crypto’. This initiative aims to clarify regulatory […]
SEC Case Against Ripple Ends: Dismissed Appeals Leave Ripple Facing Compliance Obligations
After years of litigation, the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has officially concluded. The SEC has announced a joint stipulation […]
Wisconsin Senate Proposes Strict KYC Rules for Bitcoin ATMs
A new bill from the Wisconsin Senate could significantly alter how Bitcoin ATMs operate within the state. The proposed legislation mandates full Know Your Customer (KYC) verification on […]
Wisconsin Passes Law Requiring KYC for Bitcoin ATMs
A new law in Wisconsin mandates that all bitcoin ATMs must implement Know Your Customer (KYC) procedures. The legislation aims to enhance financial security and transparency within the […]
SEC Ends Ripple Lawsuit, Focusing on Policy Drafting
U.S. Securities and Exchange Commission Chair Paul Atkins has commented on the conclusion of the long-standing legal battle between the SEC and blockchain company Ripple. In a social […]
US Democrats Push for Stronger SEC Control Over Cryptocurrency Market
A clash is brewing in the U.S. over cryptocurrency regulation, with Senate Democrats challenging the House-approved framework. They advocate for stricter oversight by the Securities and Exchange Commission […]
Paxos Reverses Course: Focuses on Stablecoin Compliance Instead of Full Banking License
Blockchain infrastructure firm Paxos has shifted its strategy, abandoning plans to obtain a full banking license in the United States. Instead, Paxos will focus on adhering to the […]
US Crypto Policy Faces Uncertainty as Bo Hines Steps Down
Bo Hines, who headed the White House’s crypto policy initiative, has resigned after a brief tenure. His departure leaves the US crypto policy landscape uncertain, particularly as questions […]
Wisconsin Enacts Stricter KYC for Bitcoin ATMs: Impact & Implications
A new bill in Wisconsin (SB386) has sparked debate about the future of Bitcoin ATM access. The bill mandates stringent Know Your Customer (KYC) requirements for transactions at […]
Warren Vows Resistance to Crypto Market Structure Change
As Congress enters recess, US Senator Elizabeth Warren is already outlining her plan to challenge the recently passed crypto market structure bill. While supporting regulation for the industry, […]
El Salvador Enacts Investment Banking Law Enabling Bitcoin-Focused Banks
El Salvador has enacted a new Investment Banking Law that allows banks to specialize in Bitcoin operations for accredited investors, signaling a major step forward in integrating cryptocurrencies […]
Paxos Secure a Trust Bank License: Paving the Way for US Crypto Innovation
The cryptocurrency industry is witnessing a significant development that could profoundly impact how digital assets integrate with traditional finance. Paxos, a leading stablecoin issuer, has announced its ambitious […]
Beyond Tax Cuts: Japan Enacts New Crypto Regulations
Japan is taking a decisive step beyond mere tax adjustments in the cryptocurrency sector, implementing new regulations that aim to reshape the digital asset market. The Financial Services […]
Elizabeth Warren Calls for Stricter Crypto Regulations to Safeguard the Economy
Senator Elizabeth Warren is urging for stronger regulations of the cryptocurrency industry, warning that lax oversight could expose the economy to significant risk. Warren believes the industry itself […]
Dubai and SCA Unify Crypto Rules with Major Regulatory Partnership
The United Arab Emirates (UAE) has taken a significant step towards streamlining cryptocurrency regulations by aligning its rules under a new partnership between the Securities and Commodities Authority […]