Category: Regulation
Cryptocurrency Regulation News
Hedge Fund Expert Reveals Why Bitcoin Will Be A Better Reserve Currency
With many countries indicating their readiness to develop a gold-backed digital asset as a store of value, James Lavish noted that BRICS nations are taking…
Dubai’s VARA Issues Enforcement Action Against BitOasis
Dubai’s Virtual Asset Regulatory Authority (VARA) has issued an enforcement action against BitOasis, one of the Middle East’s leading crypto trading platforms. The crypto regulator…
Crypto Venture Capital Financing: What Is It And How Does It Work?
Institutional investors have been actively supporting entrepreneurs and startups in the cryptocurrency industry through venture capital financing. This form of funding, which carries more significant…
Israel Proposes New Legislation To Exempt Foreigners From Crypto Tax
A new development has emerged in Israel, as foreign residents may soon be exempted from capital gains taxes when making digital currency transactions. The promising…
South Africa To Introduce Crypto License By Year End – Report
As crypto adoption in Africa continues to surge, South Africa is about to become the first country in the region to license digital asset trading…
Rising Crypto-Related Crimes: Belarus To Suspend Crypto P2P Transactions
Reports suggest that the Ministry of Foreign Affairs in Belarus is considering banning peer-to-peer transactions involving assets like Bitcoin among its citizens. The recent development…
Celsius Network Secures Approval For Altcoin To BTC Conversion
The bankrupt crypto lender, Celsius, has been given the nod to convert its altcoins into Bitcoin (BTC) or Ether (ETH). The US Bankruptcy Court approved…
How Crypto Can Take A Central Role In Future Financial Transactions
Crypto transaction costs are dropping to their lowest thanks to a slew of innovations that have become regular features of the industry. Accordingly, crypto payment…
Australia’s Treasury Department Fears Crypto Debanking Could Cripple Industry
The Australian crypto ecosystem has been in the news in recent weeks following the growing trend of traditional banks cutting their services to the industry….
Blackrock Has 50% Of Securing Bitcoin ETF Approval – Bloomberg Analyst
Following its spot Bitcoin exchange-traded fund (ETF) application, the world’s leading investment management firm BlackRock is on the verge of securing approval from the US…
EU Secures Deal On New Crypto Bank-Capital Legislation
On Tuesday, the European Union (EU) marked a political milestone by agreeing to new bank-capital regulation that covers crypto assets. This move is in response…
Bloomberg Analyst Shares Insights About Current Crypto Market Developments
Following last year’s market turmoil, especially the May 2022 Terra-LUNA debacle, the crypto market has struggled to re-attain its 2021 levels. The leading digital asset,…
Binance.US Resolves Dollar Withdrawal Issues Despite Dispute With US SEC
Binance.US, the US-based crypto exchange and a separate entity to Binance Global Ltd, has announced that it has resolved the dollar withdrawal issue after collaborating…
BTC Price Soars 36% Year-On-Year After China’s Crypto Warning
Despite the Chinese government’s efforts to convince its citizens that Bitcoin (BTC) would lose its value, their predictions have proven to be significantly inaccurate thus…
31% of Risk-Averse Young Australians Embrace Cryptocurrency – Survey
Recent research indicates that more young Aussies hold crypto assets despite viewing themselves as risk averse. The report revealed that close to a third of…
Binance.US And SEC Reach Agreement On Assets’ Access
On Friday, June 16, the US Securities and Exchange Commission (SEC), Binance, and Binance.US reached an agreement that temporarily restricts customer fund access solely to…
eToro Set To Delist 4 Crypto Tokens Amid SEC Clampdown
Following the US Securities and Exchange Commission (SEC) filing a lawsuit against two leading crypto exchanges, Coinbase and Binance, the broader digital asset ecosystem has…
Labeling Crypto Tokens As Securities Will Delay Blockchain Decentralization – Bernstein
According to a newly released report by the globally renowned financial auditing firm Bernstein, applying decades-long securities laws is the reason for classifying some crypto…
Binance Chief Shares Opinion Regarding Current Crypto Market Conditions
The global crypto market continued its massive decline on Saturday as traders feared that the recent regulatory clampdown by the US SEC would have massive…
EU’s Official Journal Publishes MiCA Crypto Law
The European Union’s proposed crypto law, the Markets in Crypto Assets (MiCA) regulation, has been published in its official journal. This move marks a significant…
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