Switzerland’s Federal Council has proposed significant regulatory changes for stablecoins and crypto institutions, aiming to strengthen the Swiss financial ecosystem. The proposal seeks to amend the Financial Institutions […]
Switzerland Proposes New Regulations for Crypto Institutions
The Swiss Federal Council has proposed amendments to the Financial Institutions Act (FinIA), seeking to modernize the country’s financial regulatory framework while ensuring stability and consumer protection in […]
China Tightens Crypto Controls While Hong Kong Paves the Way for Stablecoin Regulation
The regulatory landscape of cryptocurrencies is shifting dramatically, with China implementing stricter controls and Hong Kong taking a more progressive approach. 🇨🇳ðŸ‡ðŸ‡° This divergence in approaches could significantly […]
Canada Aims for Stability: New Regulations Expected for its Crypto Landscape
As the Canadian crypto scene awaits a major regulatory shift, new stablecoin regulations are anticipated in the near future. Industry leaders and regulators warn that if action isn’t […]
Binance Doubles Down on Lobbying to Secure Regulatory Success
Binance is making a strategic move to regain its foothold in the U.S., significantly expanding its lobbying efforts in Washington D.C. by hiring top political advisors. The company […]
Thailand Raids Target Worldcoin: Sparks Licensing Debate in Crypto Space
Thai authorities have taken action against Worldcoin operations, conducting simultaneous raids across the country on several iris scanning sites. This move underscores growing regulatory scrutiny within the virtual […]
Senate to Meet with Crypto Leaders on Oct 22nd to Discuss DeFi Regulation and Market Structure
A meeting between Senate Democrats and top crypto executives will take place on October 22nd, aiming to address stalled discussions regarding digital asset regulations. The session follows a […]
Ant Group and JD.com Halt Stablecoin Issuance in Hong Kong Amid Regulatory Pressures
Ant Group and JD.com have paused their stablecoin issuance plans in Hong Kong due to new regulatory pressures stemming from the Hong Kong Stablecoin Ordinance, which comes into […]
SEC: The US Lags in Crypto Regulation, Emphasizing Catching Up
SEC Chair Paul Atkins has explicitly acknowledged the United States’ ten-year lag in developing robust regulations for the crypto industry. This admission underscores the urgent need for regulatory […]
Tornado Cash Developer Raises Alarm About Potential Retroactive Charges Against DeFi Developers
Roman Storm, developer behind the decentralized privacy protocol Tornado Cash, has raised serious concerns within the open-source community about potential retroactive prosecution by U.S. authorities. His questioning of […]
Binance Investigated by French Authorities Over Money Laundering
French regulators are taking a closer look at cryptocurrency exchanges, including Binance and Coinhouse, to prevent money laundering. This intensified effort is part of the ongoing process to […]
Binance Investigated for Anti-Money Laundering Violations in France
French financial regulators are launching an investigation into Binance and other cryptocurrency exchanges, targeting compliance with anti-money laundering (AML) standards. This probe is part of a broader effort […]
Bank of England: Stablecoin Caps Are Temporary Safety Nets
The Bank of England (BoE) has clarified that the proposed limits on stablecoins are temporary measures designed to ensure a smooth transition to a multi-money system. The BoE’s […]
Ripple CEO Slams Banks for Hypocrisy on Crypto Access
In a scathing address at DC Fintech Week, Ripple CEO Brad Garlinghouse criticized banks for demanding stringent compliance measures from crypto firms while simultaneously denying them access to […]
Bank of England Reassures Over Stablecoin Limits: Temporary Measures
The Bank of England has clarified that its temporary limits on stablecoin holdings are designed to ensure financial stability during the early stages of digital money adoption and […]