Category: Regulation
Cryptocurrency Regulation News
FTX Debacles Spurs Vigilance as US Senate Banking Committee Warns SoFi over Imminent Compliance Deadline
Democrat members of the Senate Banking Committee issued tough warnings to SoFi Digital Assets over insufficient evidence indicating compliance with the Fed’s expiring order. Chairing…
FTX Group Downfall Triggers Appetite for Aggressive Regulation
The aftermath of the sudden FTX collapse triggered support for stricter regulatory input around digital assets. As the calls grow louder, rushed regulations will likely…
Brazil Seeks To Define Status Of Cryptocurrencies Within Jurisdiction
In the past couple of weeks, the overall cryptocurrency market has seen nothing but one hindrance after another. Because of that, the entire cryptocurrency industry…
Ripple Pens another Deal with a Payments Platform in Africa, XRP Surges Nearly 3%
Ripple adds yet another deal to its collection where it is to facilitate a major payments platform. In an announcement made on November 14, Ripple…
Ukraine’s Cyberpolice Identifies Members Of Crypto Fraud Scheme
According to a report, the Ukrainian Cyberpolice exposed members of a group that had used fake crypto investment offers for defrauding people all over the…
Stock Market Rises After Fed’s Expected Decision
75bps Increment in FFR skyrockets Stock Market Finally, the most anticipated decision of today’s time had surfaced. The Central Bank of the US has finally…
It Is Possible For Voyager Digital Users To Recover 72% Of Their Frozen Crypto
The latest court documents involving Voyager Digital suggest that its users would be able to recover 72% of their total crypto funds lost. Customers to…
Visa Is Making Its Way Into The Crypto Market With New Trademarks
One of the defining characteristics of the crypto market has been its ability to become one of the biggest financial markets in the world right…
SEC Chair Wishes Bitcoin White Paper Happy Birthday
Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has wished the Bitcoin white paper of Satoshi Nakamoto a happy birthday. The…
Bitcoin Mining Firm Sees Shares Drop by Excessive 40% as Fundraiser is Cancelled
Following the almost spontaneous act of China banning cryptocurrencies throughout the country, companies were quick to move their operations across different countries. The move was…
RBI To Launch Digital Rupee Pilot In November
The Reserve Bank of India (RBI) first announced its central bank digital currency (CBDC) project back in February and it is now on track to…
Survey Shows Majority Of Voters Want Crypto Regulation
The Crypto Council for Innovation said that the results of a new survey showed that most voters want to see greater crypto regulation. It said…
Western Union And Paypal File Trademarks For Crypto Services
Financial services giants Western Union and PayPal both filed three trademark applications recently, which are related to a number of crypto services. The applications put…
Japan Credit Department To Lead Inward CBDC Tests For Settlements
Japan’s Credit Bureau, JCB. is developing framework tests for a Central Bank Digital cash (CBDC), per multiple local media outlets. The organization said it would…
Turkey Is Set To Launch Its New Blockchain-Based Project, Announced Made By President Erdogan
Tayyip Erdogan, the Turkish President has just announced that they have new details on the e-Human project. The President made the announcement on the project…
Sanctions By EU Force Blockchain.Com To Deprive Russians Of Crypto Custody
Blockchain.com, a cryptocurrency wallet provider has just made an announcement involving Russia and cryptocurrencies. The company has announced that it may soon stop providing services…
US Financial Regulator Investigates Yuga Labs; Can Bored Ape NFTs Be Securities?
According to a Bloomberg report, the US Securities and exchange commission (US SEC) is launching an investigation into Yuga Labs inc., the company behind Bored…
ShimmerEVM Beta Becomes Next DeFi To Launch, With New Rules For Governance Through Wallet Voting
The co-founder of IOTA has lately been very vocal about the ideas that he has about how the Shimmer community should move forward. Schiener has…
South Korean Dismisses Arrest Warrant Issued Against Yoo Mo Due To A Couple Of Difficulties
Just like Do Kwon, the founder of Terraform Labs, Yoo Mo, the head of the business team at the same company was wanted by the…
Community Members Of Ether Staking Are Concerned About Protocol’s Difficulty
It has not been long since the Ethereum blockchain underwent a great transition from the PoW to the PoS consensus protocol. However, the Ether community…
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