The Italian securities regulator, Consob, is enforcing a strict deadline for crypto service providers to comply with the Markets in Crypto Assets (MiCA) framework. Failure to obtain authorization […]
Italy’s Consob Requires Virtual Asset Service Providers to Comply with MiCAR
Italy’s securities market regulator, Consob, has issued new directives for virtual asset service providers (VASPs). Following the adoption of the European Union’s Markets in Crypto-Assets Regulation (MiCAR), VASPs […]
Malaysia Shuts Down 14,000 Bitcoin Mining Rigs: Impact and Implications
Malaysia has taken a decisive step in curbing illegal cryptocurrency mining by dismantling 14,000 rigs responsible for significant power theft. This action resulted in the recovery of over […]
Citadel Securities Opposes DeFi Exemptions, Raises Concerns about Regulatory Imbalance
Citadel Securities has sent a formal letter to the U.S. Securities and Exchange Commission (SEC) urging them to deny regulatory exemptions for decentralized finance platforms that use tokenized […]
Russia mulls easing Bitcoin regulations amid sanctions.
With Western sanctions significantly impacting its economy, Russia is exploring ways to ease restrictions on Bitcoin and other digital assets. The Bank of Russia’s first deputy chairman, Vladimir […]
Bitcoin Price Predictions & Stablecoin Policy Shift – CoinRank Daily Data Report (Dec 2nd)
Grayscale’s recent report suggests Bitcoin’s historical pullbacks are typical, hinting at a potential price surge in 2026. The study challenges the conventional four-year cycle theory while Grayscale remains […]
South Korea Nears Digital Asset Act Completion, Won-Based Stablecoin Rules Settled
South Korea is on track to finalize its digital asset act by January. A crucial breakthrough on won-based stablecoin rules has paved the way for this progress. The […]
China Tightens Grip on Stablecoins, Shifting Focus to Hong Kong
China’s central bank has taken a decisive stance on stablecoins, outlining their classification as a virtual currency with elevated AML (Anti-Money Laundering) risks. The People’s Bank of China […]
Coinbase Proposes New Regulations for US Crypto Markets
Coinbase has submitted a proposal to the CFTC outlining new regulations for stablecoins, derivatives, and DeFi markets in the US. This proposal reflects their aim to balance innovation […]
South Korea Imposes Stringent Cryptocurrency Regulations
The Financial Services Commission (FSC) in South Korea has announced a comprehensive crackdown on cryptocurrency-related money laundering activities. The country is enacting new regulations, including the expansion of […]
China Tightens Crypto Control: Crackdown Prompts Digital Yuan Surge
China is taking decisive action to control its cryptocurrency landscape, focusing on promoting the digital yuan while tightening restrictions. Recent seizures of Bitcoin and other crypto assets have […]
South Korea Implements New Crypto Regulations: Identity Verification & Targeted Actions
South Korea is taking a significant step towards bolstering its crypto regulations by enacting mandatory identity verification for all cryptocurrency transactions, regardless of transaction size. This comes amid […]
Switzerland Delays Global Crypto Tax Information Exchange to 2027
Switzerland is taking a crucial step towards bolstering global tax transparency for cryptocurrencies. The Swiss Federal Council recently approved the implementation of the OECD’s Crypto-Asset Reporting Framework (CARF), […]
S&P Downgrades Tether’s Stability Assessment: Impact & Outlook
Tether, the world’s leading stablecoin, has seen its stability rating downgraded by S&P Global Ratings. The rating shift from ‘Constrained’ to ‘Weak’, reflects increased risk due to high-risk […]
Switzerland Postpones Crypto Data Exchange Till 2027
Switzerland has pushed back the implementation of its international crypto account data sharing framework until 2027. While CARF (Crypto-Asset Reporting Framework) was initially set to take effect in […]