Category: Regulation
Cryptocurrency Regulation News
US Court Orders SEC To Review Of Grayscale’s Bitcoin ETF Application
The United States might soon record its first-ever Bitcoin exchange-traded fund (ETF). This exciting development comes on the heels of a recent directive from a…
PM Modi Calls For Uniform Global Crypto Regulatory Framework
During the annual G20 summit, Indian Prime Minister Narendra Modi emphasized the importance of global cooperation in developing comprehensive cryptocurrency regulations. With India currently at…
Crypto Community Kick Against Biden’s Tax Regulation; Here’s Why
The cryptocurrency tax rules proposed by the President of the United States, Joe Biden, have alarmed the crypto community. The new guidelines are based on…
Crypto-Backed Mortgage: What Are They And How Do They Work?
As the cryptocurrency market grows, suggestions for using crypto assets as loan collateral have continued to gain traction. Their high volatility and potential for significant…
FTX Reveals Plans To Recover Losses And Refund Creditors
FTX, the now-bankrupt cryptocurrency exchange, is pursuing a strategy to recover its losses and return funds to its creditors by exploring new avenues. Remember that…
Binance.US Partners With MoonPay To Restore Dollar-Crypto Conversion
Binance.US, the United States arm of the leading global crypto exchange, faces legal and financial challenges amid increased regulatory scrutiny. However, the exchange has partnered…
Oman Unveils $350M Crypto Mining Facility To Boost Economic Growth
The oil-rich Sultanate of Oman has launched its second crypto-mining center in just over ten months. The crypto mining facility is part of the country’s…
Leading Asia-Based Crypto Exchanges Modify Their KYC Requirements; Here’s Why
In response to the evolving regulatory landscape across Asia, several popular cryptocurrency exchanges have recently taken steps to improve their Know Your Customer (KYC) measures….
Republican Lawmakers Probe SEC Chair Over Prometheum’s Approval
Republican US congressional committee members overseeing activities of the Securities and Exchange Commission (SEC) have increased scrutiny of the agency’s processes for approving the operations…
Binance Appeals To Court For Protection Against US Financial Watchdog
The world’s leading crypto exchange Binance is seeking court protection in the ongoing legal battle with the United States Securities and Exchange Commission (SEC). Last…
SEC’s Hesitation On Bitcoin ETFs Reflects Crypto’s Struggle For Mainstream Adoption
The recent non-decision by the SEC (Securities and Exchange Commission) regarding Bitcoin ETF (Exchange-Traded Funds) approvals has ignited fresh debates and a wave of anticipation…
Uzbekistan Expands Crypto Adoption, Approves New Crypto Payment License
Uzbekistan has demonstrated the country’s eagerness to implement a novel regulatory framework for cryptocurrencies. In 2022, the Central Asian nation marked a significant milestone by…
Binance Labs Continues Crypto Funding Dominance Amid Regulatory Scrutiny
Binance Labs, the investment division of the leading cryptocurrency platform Binance, has continued investing in the crypto market. The firm’s commitment to investing remains surprising…
Will Germany’s Current Economic Predicament Boost Crypto Adoption In Europe?
A recent World Street Journal (WSJ) publication revealed that Germany, Europe’s largest economy, is dragging the region down. According to Marcel Pechman, an economic and…
Hong Kong Expands Retail Crypto Trading With Two License Approvals
Multiple reports reveal that Hong Kong has officially approved two service providers to offer retail crypto trading in the region and boost its residents’ exposure…
Why Did Ukraine’s Central Bank Request Financial Reports From Four Crypto Firms?
The Ukrainian government has taken an unprecedented step toward ensuring transparency in the crypto sector through the country’s central bank. Accordingly, the government has requested…
SEC Demanded That Coinbase Disallow Trading On All Digital Assets Besides Bitcoin
According to Coinbase CEO, the US SEC issued a strong directive to Coinbase, the number one US cryptocurrency exchange, before initiating legal action against it….
What is Crypto Hedging? Top Hedging Strategies
Introduction Cryptocurrency aggregate market cap reached $3 trillion during the last Bull Run. The crypto market is expected to print bigger gains in the future….
Bitcoin Miner Bitdeer Launches Bitcoin Green Bitcoin Fund For Bhutan
Bitdeer, a well-known Bitcoin mining company headquartered in Singapore, recently launched the Bitcoin Green Bitcoin (BGB) Fund for the South Asian nation of Bhutan. This…
US Banking Advocacy Group Backs Senator Warren’s Crypto Bill
The Bank Policy Institute (BPI) has revealed its support for Senator Elizabeth Warren’s reintroduced Digital Asset Anti-Money Laundering (AML) Act. The act proposed that dedicated…
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