Search
Circle CEO spells doom scenario for US dollar in warning to Congress
14.7.2023
Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar
BIS develops framework against CBDC cyberattacks
7.7.2023
The institution cited rising exploits against DeFi as a need for more secure CBDCs
Italy’s central bank calls for framework to prevent stablecoin runs
29.6.2023
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
UK Law Commission Calls for Special Legal Framework for Crypto as Collateral
28.6.2023
Read More: UK Law Commission Calls for Special Legal Framework for Crypto as Collateral
UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission
28.6.2023
The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations
MAS designs a framework for digital asset networks
27.6.2023
The Monetary Authority of Singapore has successfully designed a valid framework, making it easier for digital asset networks to operate in the region. It will basically help in designing a network of digital assets that are open and interoperable. Titled Enabling Open & Interoperable Networks...
Dubai: Launching a Crypto Regulatory Arm to Become a Global Financial Power
27.6.2023
The center of the crypto universe has been shifting toward the UAE since March 2022, when Dubai announced the world’s first independent crypto regulator, the Virtual Asset Regulatory Authority. With its state intention to provide legal clarity for crypto, the No. 5 spot in CoinDesk’s Crypto Hubs...
Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks
26.6.2023
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes
Pop social incorporates Polygon’s zkEVM framework
23.6.2023
Pop Labs takes pleasure in coming out with its official announcement of Pop Social, having incorporated Polygon’s zkEVM framework. Through this incorporation, both entities will be involved in furthering the growth of Web3 social media acceptance. In the case of the Pop social media platform, it...
Coinbase blasts SEC for ‘no straight answers’ following court order
19.6.2023
The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase's rulemaking petition
Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing
15.6.2023
The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support...
US lawmaker invokes SEC lawsuits in considering crypto regulatory framework
13.6.2023
According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework "could reward bad actors with a ‘get out of jail free’ card"
UN report highlights ‘serious and urgent’ concerns about AI deepfakes
13.6.2023
The UN wants to address AI-generated fake news and information as the organization looks to bring in voluntary guidelines for the technology
SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan
12.6.2023
Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
9.6.2023
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown
7.6.2023
In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on cryptocurrencies that have pinpointed various risks...
The Philippines delays publishing crypto framework
7.6.2023
Despite a tumultuous year, the Philippines’ financial regulator decided not to rush a legal framework on the crypto industry, which was initially planned for late 2022
Markets in Crypto-Assets (MiCA) Framework Signed into Law by EU Officials
1.6.2023
The European Union’s new Markets in Crypto-Assets (MiCA) rules were on Wednesday signed into law by European officials.
The signing into law of the new and comprehensive regulatory framework for crypto was done by European Parliament President Roberta Metsola and Swedish Rural Affairs Minister...
EU officials sign Markets in Crypto Assets framework into law
31.5.2023
First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets among the European Union member states