While the US has finally implemented a comprehensive legal framework for stablecoins with its GENIUS Act, Japan’s earlier reforms offer an intriguing contrast. Despite pioneering regulations two years […]
Hong Kong Regulator Warns of Stablecoin License Scams, Urging Caution Against Price Manipulation
The Hong Kong Securities and Futures Commission (SFC) has issued a warning against the potential for fraudulent stock price manipulation using stablecoin license applications. Ye Zhiheng, Executive Director […]
Senate Approves Michelle Bowman for Fed Vice Chair – Impact on Crypto Regulation
Michelle Bowman was confirmed as Federal Reserve Vice Chair for Supervision, signaling a significant shift in the regulatory landscape for cryptocurrencies. Her confirmation has implications for how stablecoins […]
Australia’s Regulator Seeks High Court Review of Block Earner Ruling
Australia’s financial regulator, the Australian Securities and Investment Commission (ASIC), will seek permission from the High Court to challenge a lower court ruling that favored fintech firm Block […]
Anchorage Digital Bank Under Investigation by U.S. Homeland Security Task Force
Anchorage Digital Bank is facing an investigation led by the U.S. Department of Homeland Security’s El Dorado task force, a unit focused on international money laundering and financial […]
South Korea Postpones Credit Information Law for VASP Industry
South Korea’s financial regulatory body has announced a delay in enforcing the Credit Information Act for virtual asset service providers (VASPs). The deadline for implementation has been pushed […]
SEC Nominee Paul Atkins Wins Senate Confirmation
Paul Atkins has been confirmed as the next SEC Chairman by the Senate Banking Committee, marking a significant development in the ongoing regulatory landscape. His confirmation process involved […]
House Committee Debates New Stablecoin Regulations
The U.S. House Financial Services Committee recently held extensive hearings on a proposed bill aimed at regulating stablecoins. This move seeks to establish new guidelines for an industry […]