Regulation2m read
IMF Warns Tokenization Could Accelerate Financial Shocks Despite Efficiency Gains
The IMF warns that while tokenization can make finance faster and cheaper, it also renders the system more vulnerable to sudden shocks.
◆ #crypto regulation
Regulation2m read
Senator Gillibrand Denies Involvement in Son's Crypto Venture Amidst Regulation Talks
Senator Kirsten Gillibrand denies involvement in her son's derivatives exchange, which is backed by a crypto figure, while she works on a crypto market structure bill.
Regulation2m read
Goliath Ventures Former CEO Christopher Delgado Pleads Guilty in $400 Million Crypto Ponzi Scheme
Christopher Delgado, former CEO of Goliath Ventures, has pleaded guilty to orchestrating a $400 million crypto Ponzi scheme.
Regulation1m read
Taiwan Passes Landmark Crypto and Stablecoin Regulations to Integrate with Global Market
Taiwan's legislative body has enacted its first comprehensive crypto and stablecoin regulations, aiming to align with the global digital asset landscape.
Regulation1m read
Taiwan's Legislature Passes Sweeping Crypto Bill with Licensing and Reserve Mandates
Taiwan's legislature has passed a comprehensive new bill introducing **licensing requirements**, **reserve mandates**, and **tough penalties** for its crypto sector.
Regulation2m read
Australia Implements Crypto Travel Rule, Requiring More Data for Transfers
From July, crypto exchanges in Australia will mandate additional information for all outgoing and incoming transfers due to the new Travel Rule.
Regulation2m read
ESMA Warns Unlicensed Crypto Firms to Wind Down Operations Ahead of MiCA July 1 Deadline
The European Securities and Markets Authority (ESMA) has urged unauthorized crypto-asset service providers to wind down operations by the MiCA July 1 deadline.
Regulation2m read
TRM Labs Reports CoinEx Processed $3.8 Billion for Sanctioned Iranian Entities
TRM Labs identified $3.8 billion in funds moved by 60 sanctioned Iranian entities through CoinEx, which accounted for 8% of illicit transactions.
Regulation3m read
Former Celsius CEO Alexander Mashinsky Receives Permanent CFTC Ban
Alexander Mashinsky, former CEO of the collapsed crypto lender Celsius, is now permanently banned from CFTC registration following fraud charges.
Regulation2m read
Major Crypto Legal Battles Advance: Polymarket, Tornado Cash, and Mashinsky Cases See Developments
Several high-profile cryptocurrency legal cases, including those of Polymarket, Tornado Cash, and Alex Mashinsky, are progressing through the courts.
Regulation3m read
US Government Watchdog Calls for Enhanced Crypto Coordination Among Regulators
A recent report by the US Government Accountability Office highlights the urgent need for better coordination among federal agencies, including the FDIC, to manage blockchain risks.
Regulation3m read
El Salvador Boosts Appeal as Tax Haven with New Residency and Bitcoin Tax Exemptions
El Salvador is enhancing its appeal for foreign investors and digital nomads with new residency rules and explicit tax exemptions on foreign income and Bitcoin gains.
Regulation3m read
Ripple CEO Brad Garlinghouse Criticizes Jamie Dimon's Stance on Crypto Clarity Act
Ripple CEO Brad Garlinghouse publicly challenged JPMorgan chief Jamie Dimon's critical views on the crucial Clarity Act crypto legislation.
Regulation3m read
Senator Warren Pushes CFTC for Clarity on Crypto and Prediction Market Oversight
Senator Elizabeth Warren has intensified her scrutiny of the CFTC's oversight of cryptocurrency and prediction markets, questioning past enforcement shifts.
Regulation2m read
Maryland Democrat Alsobrooks Calls for Ethics and Illicit Finance Resolution in Crypto Clarity Act
Maryland Democrat Alsobrooks emphasizes that bipartisan crypto legislation, known as the Clarity Act, requires ethics and illicit finance concerns to be resolved before a Senate vote.
Regulation3m read
Crypto Billionaires Infuse Millions into Nigel Farage's Reform UK Party
Two prominent crypto industry figures have significantly funded Nigel Farage's Reform UK party, signaling growing political engagement from the digital asset sector.
Regulation3m read
New Defend Developers PAC Enters Crypto Political Arena to Safeguard Blockchain Builders
A new political action committee, Defend Developers PAC, emerges to support lawmakers advocating for crypto developer protection amidst growing regulatory scrutiny.
Regulation3m read
Bitcoin ATM Bans Spark Concern for Crypto's Future Access and Self-Sovereignty
Bitcoin ATMs are facing increasing state-level bans and restrictions, raising alarms for financial access and the future of self-sovereignty in the crypto space.
Regulation3m read
US Crypto Regulation Stalls, While Industry Focuses on Enhancing Traditional Finance
New insights reveal that stalled crypto regulation, like the CLARITY Act, is hindering American consumers, while the industry's future lies in upgrading, not replacing, traditional finance.
Regulation3m read
UK Financial Regulator Cautions Premier League Clubs on Unlicensed Crypto Sponsorships
The UK's financial watchdog has issued a stern warning to Premier League football clubs regarding partnerships with unlicensed cryptocurrency firms, citing risks to fans.
Regulation2m read
Sanders and Warren Advocate for Exclusion of Crypto from 401(k) Retirement Plans
Senators Bernie Sanders and Elizabeth Warren are urging the Department of Labor to prohibit cryptocurrencies and other high-risk assets from 401(k) retirement plans, citing risks to retirees.
Markets3m read
Galaxy Digital Pioneers Institutional Prediction Markets with $10M Arca Trade
Galaxy Digital has launched an institutional over-the-counter prediction market desk, executing a significant $10 million trade with Arca tied to US crypto legislation.
Altcoins1m read
Dogecoin Gains Institutional Access Through Paxos Integration
Paxos's integration of Dogecoin offers institutional and fintech platforms a new, regulated pathway to engage with the popular altcoin amidst evolving market conditions.
Regulation1m read
US Senate Debates CLARITY Act, Democrats Push for Ethics in Crypto Legislation
As the US Senate resumes, discussions around the CLARITY Act intensify, with Democratic lawmakers pushing for ethics provisions to prevent conflicts of interest in crypto legislation.
Regulation2m read
Coinbase Executive Highlights Significance of CLARITY Act for Crypto Regulation
A Coinbase executive underscores the CLARITY Act's potential to provide crucial regulatory clarity for the crypto sector, likening its impact to the Dodd-Frank Act.
Regulation1m read
Jamie Dimon Vows to Fight Crypto Clarity Act, Criticizes Coinbase CEO
JP Morgan CEO Jamie Dimon has vowed to aggressively oppose the crypto market structure bill, reportedly using strong language against Coinbase's CEO.
Regulation1m read
JPMorgan CEO Jamie Dimon Criticizes Clarity Act and Coinbase
JPMorgan Chase CEO Jamie Dimon has voiced strong opposition to the proposed Clarity Act, arguing it lacks sufficient regulatory protections for the crypto industry.
Regulation1m read
CFTC Greenlights U.S. Access to Bitcoin Perpetual Futures
The U.S. CFTC has approved the first Bitcoin perpetual futures contract for a U.S. exchange and granted Coinbase relief to connect U.S. clients to global crypto derivatives.
Markets1m read
Crypto Markets Face Downturn Amid Regulatory Scrutiny and Institutional Moves
Cryptocurrency markets experienced a notable dip, with Bitcoin and Ethereum seeing significant losses, while regulatory challenges and new institutional integrations emerged.