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Crypto regulation

Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’

Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations. Two Pieces of Legislation Could Provide Greater Clarity in Digital Assets Congressman Patrick McHenry […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration

Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer RegistrationCryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has the potential to be a leader in the global cryptoeconomy,” Coinbase noted. ‘Crucial Milestone in Coinbase’s […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

IMF Urges Ukraine to Finalize Crypto Legislation, Government Official Reveals

IMF Urges Ukraine to Finalize Crypto Legislation, Government Official RevealsThe International Monetary Fund (IMF) has urged Ukraine to finalize its crypto legislation, the country’s Deputy Minister of Digital Transformation for IT industry development has revealed. “In the face of war, we have to exploit the full range of opportunities and develop new sectors of the economy,” he stressed, adding that “Legalization of the crypto […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC Director

US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC DirectorOver the past decade, the U.S. Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market participants to avoid its jurisdiction. According to the SEC’s enforcement director, the commission has regularly prevailed in its numerous court cases against these participants. A ‘Decade’s Worth of Arguments’ In the past decade, […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License

Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider LicenseDeribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain non-operational until Deribit meets the regulator’s localization requirements. Meeting Dubai’s Localization Requirements Deribit FZE, a wholly owned entity of the crypto […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

Nigerian Central Bank Not in Charge of Crypto Regulation, Says GovernorAccording to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country

Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the CountryThe Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to be incorporated and maintain an office within Nigeria. The regulator has also suggested a fivefold increase in the registration fee, which must be submitted alongside license applications from prospective crypto exchanges. Proposed Regulations to Foreign Operators Targeting Nigerian Users According to […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Hong Kong Securities Regulator Issues Warning Against ‘Unlicensed’ Crypto Platform Bybit

Hong Kong Securities Regulator Issues Warning Against ‘Unlicensed’ Crypto Platform BybitThe Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator has also added Bybit’s products to its alert list of suspicious investment products. The Hong Kong regulator also advised the public to stop patronizing unlicensed entities. Regulator Threatens Enforcement Action The Hong Kong Securities and […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

South African Regulator Set to Issue Licenses to 60 Crypto Platforms by End of March

South African Regulator Set to Issue Licenses to 60 Crypto Platforms by End of MarchA South African regulator has said it plans to issue licenses to 60 crypto platforms by the end of March. The Financial Sector Conduct Authority has said it is still processing the more than 300 applications it received late last year. South African regulators plan to oversee the activities of cryptocurrency entities through the Financial […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs

Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFsThailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain exposure to the premier crypto asset. Only Institutional Investors and Ultra-High-Net-Worth Individuals Are […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union