A significant penalty of $37,000 has been imposed on Cryptolink, an Australian crypto ATM provider, for failing to meet its anti-money laundering (AML) and counter-terrorism financing (CTF) obligations. […]
BoJ Calls For Reform To Keep Pace With Stablecoin Surge
Bank of Japan Deputy Governor Ryozo Himino has urged global regulators to update financial oversight frameworks in response to the growing impact of stablecoins and non-bank institutions. He […]
Stablecoins: Potential Revolution for Global Payments, Says Bank of Japan Official
Bank of Japan Deputy Governor Ryozo Himino believes stablecoins could reshape global payments systems. He suggests they may even partially replace traditional bank deposits, as non-bank financial institutions […]
China Halts Stablecoin Projects After Regulatory Warning
Leading Chinese tech companies have paused their plans for stablecoins after Beijing intervened, raising concerns about private issuance of digital currencies. Ant Group, backed by Alibaba, and JD.com, […]
OCC Dismantles Crypto Debanking: A Major Shift for Web3 Access in Finance
American banking regulations are undergoing a significant shift as the Office of the Comptroller of the Currency (OCC) announces an end to
US Regulators Take a Step Forward for Spot Crypto Trading
The SEC and CFTC have jointly announced support for spot crypto trading on registered exchanges, a move that signals a significant shift in U.S. regulatory approach towards digital […]
SEC and CFTC Collaborate: Greenlight for Cryptocurrency Trading on Major U.S. Exchanges
In a significant development, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a joint statement clarifying that registered exchanges are permitted […]
Stock Exchanges Push for Stronger Regulation of Tokenized Equities
Global stock exchanges are sounding the alarm, urging regulators to act urgently on tokenized equities to prevent potential investor harm and damage market trust. The World Federation of […]
Regulators and Exchanges Push Back on Tokenized Stocks
Global financial authorities and industry associations are joining forces to curb the rise of tokenized stocks, citing concerns that these products lack essential investor protections. In a letter […]
Indian Court Denies Bail in $240 Million Crypto Fraud Case
An Indian high court has denied bail to Abhishek Sharma, accused of orchestrating a $240 million cryptocurrency scam affecting over 80,000 investors using platforms voscrow and Hypenext. This […]
OKX and Bybit Shut Down in Thailand: SEC Launches Major Crackdown on Crypto Exchanges
The Thai Securities and Exchange Commission (SEC) has issued a major blow to the cryptocurrency industry, shutting down OKX and Bybit, two prominent exchanges, and others operating without […]
OCC Clarifies Banks’ Role in Crypto Custody, Driving Institutional Adoption
The Office of the Comptroller of the Currency (OCC) has paved the way for banks to offer cryptocurrency custody and execution services, according to its latest regulatory clarification. […]
UK Mandates Crypto Data Reporting by 2026 to Combat Tax Evasion
The UK government has announced plans to implement OECD’s CARF framework for reporting crypto data from 2026 onwards, aiming to enhance tax transparency and combat illicit activities. This […]
Crypto Firms and Banks Collaborate in New Era with Trump’s Regulatory Shift
The crypto industry is experiencing a shift in relationships with traditional financial institutions as Donald Trump’s second term begins, with regulations loosening to encourage collaboration. President Trump’s promises […]
South Korea Unveils Plans to Launch Crypto ETFs & Reform Banking Rules
South Korea’s ruling party, the People Power Party (PPP), has announced plans for spot cryptocurrency ETF trading and expanded banking access by late 2025. This initiative aims to […]