Coinbase, a major player in the cryptocurrency market, has taken a significant step by applying for a national trust charter with the U.S. Office of the Comptroller of […]
Coinbase Seeks Federal Trust Charter for Enhanced Crypto Compliance
Coinbase has filed for a federal trust charter, seeking to strengthen its regulatory compliance and expand its capabilities in the financial industry. The application aims to integrate cryptocurrencies […]
U.S. and EU Embrace Crypto Integration with New Regulatory Framework
Major financial institutions in the U.S. and Europe are rapidly integrating crypto services into their offerings, aligning with the GENIUS Act’s regulatory framework. This shift reflects a growing […]
Nasdaq Halts $132 Billion Crypto Treasury Plan After New Shareholder Approval Rule
The Nasdaq has implemented a new rule requiring shareholder approval for crypto-related stock issuance, halting approximately $132 billion in planned public company treasury allocations. This impactful change will […]
Russia Tightens Cash Controls on Crypto Trading: Potential Disruptions Ahead
Russia has implemented a new rule requiring banks to flag suspicious ATM withdrawals and impose limits on daily cash withdrawals. Effective September 1, if a transaction appears questionable, […]
SEC Sets New Course for Digital Assets: Clarity & Growth Drive Regulatory Agenda
The SEC’s crypto regulatory agenda has taken center stage in Washington, signifying a major shift in how the U.S. intends to regulate digital assets. The agency’s new strategy […]
South Korea Tightens Crypto Lending Rules, Bans Leveraged Loans
South Korea’s Financial Services Commission (FSC) has implemented new regulations for crypto lending platforms. Interest rates are now capped at 20%, and leveraged loans are strictly prohibited. These […]
Nasdaq Enforces Stricter Oversight of Digital Asset Reserves
The Nasdaq is stepping up its oversight on companies using digital assets as reserves, tightening regulations for firms listed on the exchange and affecting those issuing new shares […]
Nasdaq Tightens Oversight of Companies Holding Crypto Assets
The Nasdaq has announced stricter regulations for publicly traded companies holding significant cryptocurrency in their reserves. The aim is to enhance transparency regarding the scale, strategy, and risks […]
Federal Reserve Ends Crypto Oversight Program, Streamlining Stablecoin Regulation
The Federal Reserve has decided to end its specialized crypto oversight program for banks, integrating supervision of crypto-related activities into standard regulatory frameworks starting in 2023. This shift […]
SEC Probe Rocks World Liberty Financial: Inflated Profits Under Scrutiny
A significant investigation by the U.S. Securities and Exchange Commission (SEC) has cast a spotlight on World Liberty Financial Partners (WLFI), focusing on allegations of inflated profits related […]
Dazhihui: Clarification on Stablecoins and Virtual Assets
Dazhihui recently clarified its position regarding stablecoins, virtual asset trading, and cross-border payments in response to recent market inquiries.
Wisconsin Senate Bill SB386: New ID Requirements for Bitcoin ATMs
The Wisconsin legislature is considering Senate Bill SB386, a proposal to regulate Bitcoin ATM transactions with stricter identification requirements. The bill would mandate government-issued photo IDs for every […]
El Salvador Approves Bitcoin Banks for Accredited Investors
El Salvador has taken a major step towards becoming a global crypto hub by granting licenses to investment banks to operate solely as Bitcoin banks, specifically for sophisticated […]
The GENIUS Act: Reshaping U.S. Stablecoin Regulation
The GENIUS Act marks a significant step forward in regulating stablecoins in the United States. Enacting a comprehensive framework for oversight, this legislation impacts both DeFi lending and […]