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Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance
20.6.2024
This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins in the European Economic Area (EEA). Uphold...
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
13.6.2024
Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an event in Sydney on Wednesday
Australia cracks down on online gambling with crypto, credit card ban
11.6.2024
The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000)
Ethereum’s next upgrade: Prague-Electra (Pectra), explained
11.6.2024
Ethereum is gearing up for its next major upgrade in the first quarter of 2025, codenamed “Pectra,” which will combine the Prague and Electra upgrades
Crypto mining regulation rules St. Petersburg International Economic Forum
7.6.2024
At this year’s St. Petersburg International Economic Forum (SPIEF), the regulation of cryptocurrency mining emerged as a central theme, capturing the attention of policymakers, industry leaders, and economic experts from around the world. As digital currencies continue to gain prominence,...
Turkey Rules out Taxes on Crypto Profits, Considers Limited Transaction Tax
6.6.2024
Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics...
Block Earner spared penalty in regulator’s crypto yield suit
4.6.2024
The Australian federal court relieved Block Earner from paying a penalty after an Australian regulator’s legal action over unlicensed crypto yield-bearing products
Binance prepares for MiCA rules, updates stablecoin strategy
3.6.2024
Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy
Dubai financial regulator updates crypto token rules for funds
3.6.2024
The changes encompassed several areas, including the ability of both external and domestic funds to invest in crypto tokens
Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules
2.6.2024
The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin...
Senate Urged to Pass Landmark Crypto Bill After Biden Vetoes Resolution to Overturn SEC Rules
1.6.2024
Following President Joe Biden’s veto of the resolution to overturn the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules in SAB 121, U.S. lawmakers in both the Senate and House of Representatives have intensified their efforts to pass the landmark crypto bill...
US President Joe Biden vetoes SAB 121 repeal
1.6.2024
Joe Biden said he vetoed the resolution because "he will not support measures that jeopardize the well-being of consumers and investors."
Telegram Wallet enforces new KYC rules, switches provider
30.5.2024
Before the KYC change, Telegram Wallet users did not have to provide any personal information to use the default version of the wallet
Binance listing rules update opens doors for smaller projects; RWA tokens find opportunity to become Unicorns
29.5.2024
Most cryptocurrencies around the market get traction due to their utilities, adoption, and popularity, and exchange listing plays a significant role. The Real World Asset (RWA) sector is one of the trending narratives within the crypto market, and it is getting a substantial number of eyeballs....
South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive
28.5.2024
The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC aims to tighten regulations by requiring CASPs...
Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally?
27.5.2024
As President Biden nears a decision on SEC crypto regulations, Bitcoin's cautious market response sees a minor drop to $68,400.
The post Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally? appeared first on Cryptonews
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
26.5.2024
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto...
BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules
24.5.2024
Cryptocurrency custodian BitGo will get a fresh chance to sue financial services firm Galaxy Digital over the two companies’ failed $1.2 billion merger agreement after Delaware’s Supreme Court reversed an earlier ruling to dismiss BitGo’s lawsuit
EU says ChatGPT outputs too much false information to comply with rules
24.5.2024
While the assessment remains ongoing, OpenAI appears to have made little in the way of progress since 2023
May Is The Month Of Puzzle Games And It Rules
24.5.2024
At the beginning of this year, I could not have predicted how jam-packed May would be when it came to games. The biggest release on the calendar was Senua’s Saga: Hellblade 2, which we now know is good, but beyond that, it didn’t feel like May would be a huge month for games Then the month started...