New York State Assemblyman Clyde Vanel has introduced Assembly Bill AA7716, which urges the State Board of Elections to explore blockchain technology to protect voters' data and ensure the integrity of election results. The proposed bill aims to assess...
Galaxy Digital is moving closer to its long-awaited U.S. stock market debut after receiving approval for its registration statement from the Securities and Exchange Commission. The company officially announced that the SEC had cleared its Form S-4, outlining plans...
Financial Secretary Paul Chan reaffirmed Hong Kong’s ambition to become a global hub for blockchain and digital assets during the Hong Kong Web3 Festival. He underscored the need for a balanced regulatory approach to bridge traditional finance with the...
South Korea plans to open its cryptocurrency market to international investors, involving specific anti-money laundering (AML) regulations. The country’s financial regulatory body is exploring ways to expand opportunities for global participation in the crypto market. This intention was expressed...
Galaxy Digital Holdings Ltd. has received regulatory approval from the UK’s Financial Conduct Authority (FCA), granting its UK subsidiary, Galaxy Digital UK Ltd., a license to conduct derivatives trading from its London office. The approval marks a significant milestone...
On Wednesday, April 3, the House Financial Services Committee voted to advance the STABLE Act, which provides clarity and structure to the stablecoin market. H.R. 2392, the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of...
A coalition of leading UK trade associations has called on Prime Minister Keir Starmer’s government to appoint a dedicated crypto envoy and create a comprehensive action plan to support the growth of the digital assets and blockchain sector. In...
BlackRock has recently secured approval from the UK’s Financial Conduct Authority (FCA) to operate as a crypto asset firm, marking a major milestone for the global investment giant. According to DL News, with approximately $12 trillion in assets under...
Vanuatu has officially completed its crypto regulation and licensing framework, marking a crucial milestone in its digital asset oversight. Recently, the Vanuatu Parliament passed the Virtual Asset Service Provider (VASP) Act, granting the Vanuatu Financial Services Commission (VFSC) the...
The U.S. Senate has voted to repeal a controversial IRS rule targeting decentralized finance (DeFi) platforms, bringing the measure closer to becoming law. The lawmakers passed the resolution with a 70-28 vote, overturning a regulation that sought to impose...
