The Japanese government is poised to make a significant move in the crypto space by officially recognizing cryptocurrency assets as legal entities. This action could profoundly impact regulatory […]
Shibtoshi Highlights Barriers to Institutional Adoption in DeFi
Shibtoshi, founder of SilentSwap, the privacy-preserving trading platform, has identified key concerns preventing institutions from fully embracing decentralized finance (DeFi). Privacy, regulatory uncertainty, and legal accountability are among […]
Congress Challenges IRS Crypto Regulation: Bill Aims to Roll Back Reporting Mandate
The U.S. House of Representatives has taken action to challenge the IRS’s recent regulation impacting decentralized crypto platforms, aiming to repeal the altered transaction reporting policy implemented under […]
South Korea Suspends Upbit for Three Months Over Compliance Concerns
South Korean regulators have imposed a three-month suspension on Upbit, one of the country’s largest cryptocurrency exchanges, due to violations related to compliance and customer verification. The decision, […]
CFTC Shifts Approach: Cooperation Key in Misconduct Cases Before Penalties
The Commodity Futures Trading Commission (CFTC) is modifying its approach to misconduct cases, with a new policy placing greater emphasis on cooperation and self-reporting before imposing fines. This […]
Ohio Legislators Introduce Bill to Safeguard Crypto Rights
The Ohio House has introduced the Ohio Blockchain Basics Act, a bill aiming to secure digital asset ownership and prevent extra taxes on crypto payments. The legislation safeguards […]
SEC Ends Investigation of Robinhood Crypto, Signaling Regulatory Shift
In a significant development for the crypto industry, the SEC has officially ended its investigation into Robinhood Crypto. The decision comes after Robinhood reached a settlement with accusers […]
Upbit Suffers Three-Month Suspension as South Korea Enforces Regulatory Measures
South Korean cryptocurrency exchange Upbit has been temporarily restricted from onboarding new clients, facing a three-month ban on customer transactions imposed by the country’s Financial Intelligence Unit (FIU). […]