Category: Regulation
Cryptocurrency Regulation News
Dubai Financial Authority Introduces New Digital Asset Law
The Dubai International Finance Center (DIFC) is a special economic zone that resides more than 5000 workers. The DIFC administration recently announced new digital asset…
UK Regulators Adapt a New Approach for CBDCs and Stablecoins
The policymakers in the United Kingdom are working on introducing a regulatory framework to establish clarity for stablecoins and CBDCs. The coordinated approach was proposed…
Hong Kong Blocks Fake Cryptocurrency Exchange Websites
A blockchain security analytics firm Hacken has indicated that detecting fake crypto trading platforms is not an easy task. Bartosz Barwikowski, layer-1 security expert at…
Indonesia’s Regulatory Agency Proposes Taxation Changes for Cryptocurrencies
The Commodity and Futures Trading Regulatory Agency has initiated the request to revise taxation policies for cryptocurrencies. The federal regulatory authority of Indonesia noted that…
Former US President Donald Trump Changes his Stance on Bitcoin
The latest political trend on X has indicated a change of stance on crypto policy among one of the US presidential candidates. People on social…
UK Financial Regulator Issued 450 Consumer Alerts for Illegal Crypto Ads in 2023
The Financial Conduct Authority (FCA) of the UK recently ordered the withdrawal or editing of more than 10,000 finance-based advertisements last year. FCA is an…
US Treasury Asks Congress to Crack Down Against Illegal Activities in Crypto
Brian Nelson, an official at the United States Treasury recently initiated a directive addressing Congress about cryptocurrency investments. The House Financial Services Committee received the…
All You Need To Know About Nigeria’s eNaira CBDC
What is CBDC? CBDCs stand for Central Bank Digital Currencies. CBDCs are a type of cryptocurrency that is issued on blockchain networks. A mainstream cryptocurrency…
DoJ Charges Two District School Staff Over Crypto Mining
Penalizing Crypto Miners Two high-ranking members of the Patterson Joint Unified School District have been charged by the US Department of Justice (DoJ) with allegedly…
Understanding IRS’s Bitcoin ETFs Taxation: A Simple And Effective Guide
Amidst the growing interest in the crypto market, the introduction of Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention. This guide delves into the intricacies…
Commissioner Peirce Criticizes SEC’s Gag Rule Modification Rejection
A US Securities and Exchange Commission (SEC) official is concerned about a rule that forbids defendants from criticizing the agency’s claims while enforcement cases are…
Taylor Swift’s Deepfakes: US Lawmakers Hasten AI Regulatory Efforts
Legislative Response To Swift’s Deepfakes After Taylor Swift’s deepfake scandal, US lawmakers are ramping up efforts to introduce comprehensive legislation targeting the production and dissemination…
US NSF Join Forces With Nvidia To Expand AI Innovation
Partnering For AI Discovery And Innovation Prominent artificial intelligence (AI) chip manufacturer Nvidia, in collaboration with the US National Science Foundation (NSF), is set to…
ChatGPT Will Make Better Crypto Regulations – Ripple CEO
Garlinghouse Criticizes SEC’s Regulatory Approach Ripple CEO Brad Garlinghouse has taken a swipe at Gary Gensler, the United States Securities and Exchange Commission (SEC) chairman,…
Tether Counters UN Report Linking USDT With Money Laundering
UNODC’s Research On USDT A recent report published by the United Nations Office on Drugs and Crime (UNODC) has labeled USDT as the preferred asset…
Do Kwon Seeks SEC’s Trial Delay: Here’s Why
Extradition Challenges Multiple reports reveal that Do Kwon, Terraform Labs’ co-founder, formally petitioned the United States District Court for the Southern District of New York…
Honduras Economic Zone Recognizes Bitcoin As Official Currency
Bitcoin As A Standard Unit Of Value A special economic region in Roatan, Honduras, called Próspera, has legally accepted Bitcoin as a standard of value…
South Korea’s FSC To End Credit Card Payments For Crypto
Concerns Over Money Laundering In order to prevent residents from using credit cards to make purchases of cryptocurrencies, the Financial Services Commission (FSC) of South…
Artificial Intelligence Trends For 2024: Here’s What To Expect
Experts in artificial intelligence (AI) are predicting and discussing trends affecting businesses in 2024. They offer an overview of what the AI landscape will look…
Ripple Labs’ 310 Million XRP Unlock Sparks Reaction: Here’s Why
Ripple Labs’ surprise unlocking of 310 million XRP tokens from its escrow wallet has signaled a substantial shift in the XRP market. Accordingly, the remaining…
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