A recent report from blockchain research firm Chainalysis has suggested that the United States government's regulatory influence over the stablecoin market is waning. The study, published on October 23, revealed that a substantial portion of stablecoin activity now occurs...
The Markets in Crypto Assets (MiCA) regulatory framework is the European Union (EU)'s attempt to provide regulatory clarity in the region's crypto and digital asset sector. It introduces a unified, comprehensive, and consistent set of rules for crypto-assets and...
Popular cryptocurrency exchange Kraken has marked a significant stride in its European expansion drive. On September 26, 2023, the exchange announced that it had secured licencing approvals from the Central Bank of Ireland and the Bank of Spain. These...
Taiwan's Financial Supervisory Commission (FSC) has released comprehensive guidelines for cryptocurrency platforms operating in the country in a move towards bolstering regulatory oversight of the crypto industry. The guidelines, published on September 26, 2023, underscore a commitment to protecting...
The UK's Financial Conduct Authority (FCA) has announced that it will give crypto firms an extended grace period to implement the required changes as it begins to enforce new regulations in the sector from October 2023. In a statement...
On Thursday, September 7, 2023, the Financial Stability Board (FSB) and the International Monetary Fund (IMF) jointly published a comprehensive paper outlining policy and regulatory frameworks for crypto assets. Alongside these frameworks, the two key players in the global...
India's Finance Minister, Nirmala Sitharaman, has revealed that the G20 nations are actively discussing the introduction of a unified framework for cryptocurrency regulations in their jurisdictions. Speaking at an event in Mumbai ahead of the upcoming G20 summit on...
Bitwise has withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on August 3, 2023. This development has surprised investors as Bitwise did not...
Cheongju, the capital city of South Korea's North Chungcheong province, has revealed its plans to seize cryptocurrency assets from individuals evading local taxes. According to a local report from Yonhap on August 22, 2023, Cheongju's municipal authorities have engaged...
Kenyan Authorities have asked its citizens to participate in shaping the country's policy toward cryptocurrencies and blockchain technology. The Financial Reporting Centre (FRC), on August 16, 2023, announced that all Kenyans are invited to participate in a public survey...
