Category : Regulations

News

HKMA Warns Crypto Firms Misusing “Bank” Terminology

HKMA warns against crypto firms misusing "bank" terminology, clarifying that only licensed banks can offer banking services in Hong Kong. The Hong Kong Monetary Authority...
Bitcoin News

Pennsylvania Introduces Bitcoin Strategic Reserve Bill

Pennsylvania introduced the Bitcoin Strategic Reserve Bill, which allows state funds to invest in Bitcoin, aiming to hedge against inflation and drive innovation. Pennsylvania is...
News

Charles Hoskinson of Cardano Fame Wants to...

Charles Hoskinson hopes to be part of the crypto law-setting circle as the next four years could be pivotal for the crypto industry in...
News

California DFPI Suspends BlockFi License, Ends Harmful...

California DFPI suspends BlockFi license for violating financial laws, halting harmful practices, and ensuring consumer protection in crypto lending. The California Department of Financial Protection...
News

Kenya Generates Over $77M in Taxes from...

Kenya generates $77M in taxes from crypto traders, aiming for $465M with new tech and legal reforms to track transactions. Kenya’s tax authority, the Kenya...
Exchange News

SEC Files Motion to Dismiss Kraken’s Defenses...

SEC files to dismiss Kraken’s defenses, arguing fair notice of securities violations, while Kraken claims SEC policies are inconsistent. The U.S. Securities and Exchange Commission...
Exchange News

CySEC Extends Suspension of FTX Europe Until...

CySEC extends FTX Europe's suspension until May 2025, halting trading and new business while the company regains compliance. In a significant development, the Cyprus Securities...
Regulations

Circle Eyes Hong Kong Expansion Amid New...

Circle intends to hire in Hong Kong, utilizing its stablecoin strategy. The HKMA plans to regulate stablecoins and improve crypto integration by 2025. Circle,...
News

Pakistan Signals Shift Toward Legalizing Cryptocurrency

Pakistan's government plans to legalize digital currencies for the first time. This marks a substantial departure from the country's earlier anti-crypto mindset. Pakistan has...
News

Singapore Advances Commercialization of Asset Tokenization

Singapore is enhancing asset tokenization commercialization with new frameworks, collaborative efforts, and initiatives like Project Guardian and Global Layer One. Singapore is actively pursuing the...
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