Russia’s new initiative will create a regulated crypto exchange accessible only to high-net-worth individuals and institutional investors. This platform operates under an experimental legal regime (ELR), designed to […]
15 Crypto Firms Seek U.S. Banking Licenses: New Guidance Simplifies Cryptocurrency Activities for Banks
The OCC has issued new guidance clarifying the role of banks in cryptocurrency transactions, leading to streamlined processes for institutions involved in crypto-related activities. This revised guidance aims […]
Paul S. Atkins Takes Helm as New SEC Chairman
Paul S. Atkins officially assumed the role of the U.S. Securities and Exchange Commission’s (SEC) 34th Chair, following a successful Senate confirmation vote on April 9th. His appointment, […]
Paul Atkins Returns as SEC Chairman: Shifting Regulatory Focus
The appointment of Paul Atkins as SEC Chair signals a potential shift in regulatory strategy, particularly concerning cryptocurrency regulation. Under Trump’s administration, Atkins will hold the position again, […]
SEC Files Charges Against Miami-Based Cryptocurrency Firm
The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against a Miami-based cryptocurrency company, signaling growing regulatory scrutiny of the industry. The SEC alleges that the […]
Crypto Firms Consider Bank Charters Amid Regulatory Pressure
The crypto industry is exploring the potential of securing U.S. bank charters, driven by increased regulatory scrutiny and efforts to solidify its position in the financial system. Companies […]
South Korea’s Central Bank Sets Course for Stablecoin Regulation
In a bid to safeguard financial stability, South Korea’s central bank is gearing up to actively participate in the development of stablecoin regulations. The move aims to minimize […]
Italy’s Finance Minister Highlights US Stablecoins as Bigger Threat Than Tariffs
Italy’s finance minister has cautioned that US stablecoin policies pose a more significant threat to financial stability than trade tariffs, arguing these digital assets could undermine the euro’s […]
Abu Dhabi Regulator Fines Hayvn Group $12.45 Million for AML Violations
The Abu Dhabi Financial Services Regulatory Authority (FSRA) has imposed a hefty $12.45 million penalty on cryptocurrency trading company Hayvn Group, following an investigation into their inadequate anti-money […]
FDIC Unveils New Crypto Banking Rules: Impact & Implications
On October 12, 2023, the Federal Deposit Insurance Corporation (FDIC) released comprehensive guidelines for U.S. banks’ handling of cryptocurrency. This move marks a significant shift in how banks […]
South Korea Cracks Down on Unregistered Crypto Apps in iOS App Store
The Financial Intelligence Unit (FIU) of South Korea has taken action against 14 unregistered offshore crypto applications available on the Apple App Store, effectively limiting their access for […]
South Korea Blocks 14 Unregistered Crypto Exchanges: Impacts and Implications
On April 14, 2025, South Korea’s Financial Intelligence Unit (FIU) blocked 14 unregistered cryptocurrency exchanges, including KuCoin and MEXC, from Apple’s App Store, impacting residents’ access to certain […]
Abu Dhabi Fines Crypto Firm $12M for Unlicensed Activities
The Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has levied a hefty penalty of over $12 million on crypto firm Hayvn and its former CEO, […]
NY Judge Grants Approval for DCG Securities Fraud Case
A significant legal development in the cryptocurrency world has taken place: a New York judge has approved the Attorney General’s civil securities fraud case against Digital Currency Group […]
SEC Mandates Enhanced Transparency for Crypto Firms
The U.S. Securities and Exchange Commission (SEC) has introduced new guidelines mandating greater transparency for crypto firms operating within the country. The rules require these companies to disclose […]