Christine Lagarde, President of the European Central Bank (ECB), has stated that Bitcoin will not be included in the official reserves of central banks within the European Union (EU). According to Bloomberg, Lagarde stated this in response to recent...
A Chinese court has ruled that BKEX, a crypto exchange known for futures trading, operated as an illegal gambling platform. According to local reports, the People's Court of Pingjiang, Hunan Province, recently ruled BKEX's contract trading as outright gambling....
The U.S. Securities and Exchange Commission, under Acting Chairman Mark Uyeda, has formally recognized Canary Capital's Litecoin ETF filing. Bloomberg ETF analyst James Seyffart confirmed on X that the SEC is reviewing Nasdaq’s 19b-4 application. This filing serves as...
Coinbase has gained Argentina's National Securities Commission (CNV) approval to operate as a Virtual Asset Service Provider (VASP). This development marks a key step in the company's global expansion efforts, enabling it to offer services under Argentina’s legal framework....
Bitpanda has become the first major crypto platform to secure the MiCAR (Markets in Crypto-Assets Regulation) license, granted by Germany's Federal Supervisory Authority (BaFin). This allows Bitpanda to expand its services across all EU member states under a unified...
Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) has issued a severe warning regarding the increasing use of cryptocurrencies to launder proceeds from synthetic fentanyl and opioid trafficking. In its latest "Operational Alert", published on January 23, 2025, FINTRAC...
OKX has achieved pre-authorization under the European Union's Markets in Crypto-Assets Regulation (MiCA), marking a significant milestone in its expansion across Europe. This development, announced in a press release on January 23, 2025, paves the way for the crypto...
The U.S. Securities and Exchange Commission (SEC) has introduced Staff Accounting Bulletin No. 122 (SAB 122), which replaces the controversial SAB 121 guidance for accounting practices related to custodial crypto assets. The update provides regulated banks and financial institutions...
Hong Kong's Securities and Futures Commission (SFC) is preparing to issue new cryptocurrency trading licenses following a comprehensive review process of applicants. Chinese media outlet SINA Finance reported that Ye Zhiheng, Executive Director of the Intermediary Department at the...
The U.S. Securities and Exchange Commission (SEC) has announced the creation of a crypto task force to develop a comprehensive regulatory framework for digital assets. Acting Chairman Mark T. Uyeda unveiled the initiative on January 21, 2025, according to...
