crypto regulations

Coinbase Inc. (NASDAQ: COIN) recently announced it has secured an Anti-Money Laundering (AML) registration with the Bank of Spain. The move positions the crypto exchange as an official custodian wallet provider in the country. This development, part of the company's “Go Broad,...

Following the crackdown on crypto exchange JPEX, currently embroiled in a HK$1.3 billion ($166 million) scandal, Hong Kong's Securities and Futures Commission (SFC) is taking decisive steps to bolster transparency and investor protection. One of the most notable actions is the publication...

Hong Kong authorities detained eight individuals in connection with the cryptocurrency platform JPEX on charges of conspiracy to defraud. The police disclosed that they had been inundated with 1,641 complaints regarding JPEX, with users alleging their inability to access their funds on the platform...

The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency firms against using the term "bank" or describing their products as "deposits." This move comes amidst growing concerns over potential misrepresentation by crypto businesses, which could mislead...

Johnny Ng, a member of the Hong Kong Legislative Council, has extended an invitation to Ethereum (CRYPTO: ETH) founder Vitalik Buterin to visit Hong Kong. This was in response to Buterin's reservations about the long-term stability of Hong Kong's stance on cryptocurrency...

The U.S. Securities and Exchange Commission (SEC) has taken action against Stoner Cats 2 LLC (SC2), the creator of the "Stoner Cats" web series, accusing the company of conducting an unregistered offering of crypto asset securities. These securities were in the form of non-fungible...

Crypto-native trade surveillance and risk monitoring firm Solidus Labs on Tuesday identified $2 billion worth of wash trades on Ethereum (CRYPTO: ETH)-based decentralized exchanges (DEXs) since 2020. This alarming revelation underscores the challenges and vulnerabilities present in the rapidly...

JPMorgan Chase & Co (NYSE: JPM) anticipates that the U.S. Securities and Exchange Commission (SEC) may simultaneously greenlight multiple spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). This prediction comes in light of the SEC's recent interactions with Grayscale Investments, a...

The rapid evolution of the crypto-asset landscape has brought forth a plethora of opportunities and inevitable risks. Some nations, including China, Qatar and Saudi Arabia, have implemented outright bans on digital assets. However, a joint policy paper by the International Monetary Fund (IMF)...

Coinbase Global Inc. (NASDAQ: COIN) has unveiled a new cryptocurrency lending service for U.S. institutional investors, aiming to step in where companies like BlockFi Inc. and Genesis Global stumbled. In this fast-changing crypto landscape, such pivotal moves are reshaping digital assets. To...

Crypto analyst Jamie Coutts has spotlighted 2024 as the year for a significant surge in crypto inflows. The Bloomberg Intelligence analyst specifically emphasized the potential of "unlocking billions" from Retail, RIA, and Institutional capital that could be channeled into U.S.-...

South Korean cryptocurrency exchanges are gearing up for tighter regulations as the country mandates a minimum reserve of 3 billion won ($2.3 million) for those with bank-issued real-name accounts. This move is part of South Korea's efforts to bolster consumer protection in the rapidly evolving...

Antonio Juliano, the founder of the decentralized exchange dYdX, has sparked a conversation in the crypto community with a series of tweets emphasizing the potential advantages of focusing on markets outside the United States. Juliano's perspective comes amid growing concerns about the...

Erik Zhang, founder of Neo (CRYPTO: NEO) blockchain, highlighted on Friday the significant challenges faced in drawing traditional developers to the blockchain realm, even as he emphasized the "obscure regulatory landscape" and the "lack of mass adoption" as...

The U.S. Treasury Department has put forth new guidelines suggesting that crypto brokers be treated on par with those handling traditional investments, such as stocks and bonds. Crypto brokers and exchanges must report specific crypto sales, from Bitcoin (CRYPTO: BTC) to non-fungible tokens (NFTs...