Tom Emmer has been named Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence in the U.S. House of Representatives. The Subcommittee, established in 2023, is tasked with shaping regulations on cryptocurrency assets, fostering AI...
Thailand is exploring the launch of its first locally listed Bitcoin exchange-traded fund (ETF) as it aims to establish itself as a digital asset hub in Asia, according to a report by local news outlet, The Edge Malaysia. Pornanong...
South Korea’s Financial Services Commission (FSC) has reportedly initiated the second phase of discussions on the country’s crypto regulations, the Virtual Asset User Protection Act. During a recent meeting in Seoul, FSC Vice Chairman Kim So-young emphasized the importance...
HashKey Group announced on January 13, 2025, that its subsidiary in the Middle East and North Africa has received conditional approval for its Virtual Asset Service Provider (VASP) license application from the Dubai Virtual Assets Regulatory Authority. The license...
The Reserve Bank of India (RBI) has not been shy about voicing its concerns over cryptocurrencies, boldly claiming that "crypto poses risks to India's financial stability." This might sound dramatic, but it reveals the central bank's apprehensions over how...
The UK Treasury has officially updated its regulations, confirming that crypto staking will no longer be classified as a Collective Investment Scheme (CIS) under the Financial Services and Markets Act 2000. Effective January 31, this change aims to differentiate...
The International Monetary Fund (IMF) has released a technical assistance report urging Kenya to establish a transparent and stable regulatory framework for the cryptocurrency sector in response to a request from the Capital Markets Authority. To help safeguard consumers...
Banco de Investimentos Globais (BiG), one of Portugal's leading banks, has blocked fiat transfers to cryptocurrency platforms. This was revealed in a notification shared by José Maria Macedo, co-founder of Delphi Labs. The notification stated that the action aligns...
HashKey Europe, the European branch of Hong Kong's cryptocurrency exchange, is expanding its presence in Ireland by obtaining a virtual asset service provider (VASP) license from the Central Bank of Ireland, as announced on January 7. In Ireland, all...
Crypto trading firm and liquidity provider GSR has secured regulatory approval from the Financial Conduct Authority (FCA) for its British operations, making it a registered crypto asset business in the U.K., the firm announced on January 6. The FCA...
