Singapore’s Monetary Authority (MAS) has issued a strict deadline for local crypto service providers to stop offering digital token services outside the country. The deadline, set for June […]
Judge Blocks DOJ Review in Storm Case, Impacting Crypto Mixers
A federal judge has denied the Department of Justice’s request to review records related to Roman Storm and his alleged involvement in Tornado Cash, a cryptocurrency mixing service. […]
U.S. Brokerage Firms and Government Explore Stablecoin Integration
Brokerage firms are actively engaging in discussions about stablecoins, driven by policy initiatives that aim to boost their use. This comes as the U.S. government seeks to enhance […]
Russia Approves Crypto Investments for Qualified Investors
The Bank of Russia has granted permission for qualified investors in Russia to engage with cryptocurrency-linked financial products, marking a significant regulatory shift in the country’s approach to […]
Russia Allows Trading of Crypto-Linked Financial Instruments for Qualified Investors
The Bank of Russia has granted approval for qualified investors to trade financial instruments tied to crypto prices. These instruments, termed non-deliverable, will grant payouts based on price […]
XRP Price Stays Stable Amid Legal Clarity
Ripple’s recent legal win with the SEC has provided much-needed clarity for XRP, leading to a price increase and boosting investor confidence. XRP currently sits at $2.16 on […]
JPMorgan Faces $566,082 Fine for Regulatory Delay Amid Energy Crisis
Financial giant JPMorgan Chase has been fined $566,082 for failing to respond adequately to a regulatory inquiry during an energy crisis in New York. The fine emphasizes the […]
Russia Opens Doors to Crypto Investments for Qualified Investors
In a move that blends caution and innovation, the Bank of Russia has granted authorization for financial institutions to offer crypto-linked products to qualified investors. This restricted approach […]
Russia Opens Door to Crypto Investments: Qualified Investors Gain Access
Russia is taking a cautious step toward crypto integration, allowing qualified investors access to crypto-linked financial products. These products include derivatives, securities, and digital assets, but must be […]
UAE Unveils First ‘Finfluencer’ License to Regulate Digital Financial Advisors
The United Arab Emirates (UAE) has taken a groundbreaking step in regulating the digital financial space by launching its first ‘Finfluencer’ license. This new authorization framework aims to […]
UAE Unveils Finfluencer License: Boosting Transparency in Financial Advice
The United Arab Emirates Securities and Commodities Authority (SCA) has introduced the region’s first ‘Finfluencer’ license, a crucial step towards enhancing market transparency and investor protection. This new […]
Brian Quintenz Discloses Crypto Assets in CFTC Chair Bid
Brian Quintenz, Trump’s nominee for chair of the Commodity Futures Trading Commission (CFTC), has disclosed millions of dollars worth of crypto-related assets and affiliations. Quintenz’s disclosures under the […]
Lummis Leads Push for Bitcoin Reserve: Senator Spearheads Legislation to Shape Crypto Future
Senator Lummis has positioned herself as a champion for Bitcoin, spearheading legislation to establish a US Bitcoin reserve. The Strategic Bitcoin Reserve Act proposes a significant investment of […]
Thailand Seeks to Enhance Capital Markets through Regulatory Reforms
To attract greater investment, Thailand is set to revise existing regulations governing capital markets. Speaking at an investment seminar, Pichai announced the government plans to amend key regulations […]
Scott Bessent Predicts $2 Trillion Stablecoin Demand for U.S. Treasuries
In a recent interview, Scott Bessent, former Treasury official and CEO of Key Square Group, predicted that stablecoin issuers could inject up to $2 trillion into U.S. Treasury […]