Revolut to terminate US crypto services due to regulatory challenges
Key takeaways Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that it would no...
Regulation
How will Bitcoin halving affect BTC price, and is DeFi dead?
On the latest episode of Market Talks, host Ray Salmond spoke with Blockware Solutions account executive David Gamble about the...
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs...
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
A judge in the bankruptcy case for defunct crypto exchange FTX has issued an order allowing Terraform Labs to subpoena...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory...
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
Pro-XRP lawyer, John Deaton, has said that the actions taken by the United States Securities and Exchange Commission (SEC) against...
Hester Peirce criticizes SEC warning to accounting firms
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief...
France watchdog is investigating Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday. Users...
‘Pro-crypto bill’ passes out of US House Agriculture Committee
Tact was pervasive in the United States House of Representatives Agricultural Committee’s consideration of the Financial Innovation and Technology for...
Canada proposes new capital rules for crypto holdings
Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on...
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority has granted its financial services permission for cryptocurrency firm Rain...
Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia...
Arkansas counties rush to pass noise regulations for crypto miners
Several counties in the U.S. state of Arkansas are rushing to pass emergency legislations allowing them to control noise and...
Celsius Network reaches settlements to exit bankruptcy
Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy...
Couple behind Bitfinex money laundering scheme reach plea deal with US prosecutors
The husband and wife alleged to have laundered billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack...
New DeFi bill has “unworkable obligations”
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According...
Bipartisan bill to regulate DeFi, crypto security risks, introduced into US Senate
United States Senator Jack Reed sponsored a bipartisan bill introduced into the Senate on July 18 that would tighten Know...
Brian Armstrong to meet House Democrats about crypto legislation
Key takeaways Coinbase CEO wants clearer crypto regulation in the US Coinbase Inc. Chief Executive Officer Brian Armstrong is set...
FSB finalises recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients...
Senator Lummis urges clear crypto regulations after XRP ruling
United States Senator Cynthia Lummis has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres,...
Ron DeSantis vows to ban CDBCs in the US if elected president
United States presidential candidate Ron DeSantis once again criticized central bank digital currencies (CBDCs), arguing against the possibility of a...
EU regulator publishes consultation on MiCA standards
ESMA has released a consultation paper on MiCA implementation requirements. Industry players are requested to provide feedback by September 20....
