A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid […]
Category: Regulation News
US Anti-CBDC bill moves a step closer to passing
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee.
Australian regulator sues Kraken provider over margin trading product
The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering […]
International financial group finds gaps in digital euro legislative package
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.
Philippines SEC teams up with US counterpart to combat crypto fraud
The Philippines SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime.
US Democrats speak up for CBDC global leadership, Republicans fear ‘dark side’
Despite approaching the issue from vastly different angles, the two sides were able to agree on a few basics as the bill passed out of […]
Signal hints at leaving UK market following passage of online safety bill
Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption […]
Binance CEO refutes report on $250M loan to BAM Management
Changpeng Zhao said that the loan was the other way around, claiming that he was the one who lent $250 million to BAM Management.
Kansas adjourns crypto bill targeting political donations to January 2024
The bill required politicians to “immediately convert” crypto donations to U.S. dollars, with no scope of expenditures or hodling the funds.
Crypto makes up 70% of South Korea’s reported overseas assets: Tax agency
1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets.