Blockchain Technology
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Regulations -
1 month ago
The chances of approval for the pending spot Ethereum exchange-traded fund (ETF) applications this May are strained as two US Senators urged the Securities and Exchange Commission (SEC) to reject other crypto ETF proposals.
In the March 11 letter to...
Blockchain Technology
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Regulations -
1 month ago
Hong Kong’s Securities and Futures Commission (SFC) has added Bybit to its list of suspicious virtual asset trading platforms and issued a public warning about its unlicensed operations.
In a March 14 warning, the SFC said the platform is unlic...
Blockchain Technology
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Regulations -
1 month ago
Blockchain analytics firm Elliptic revealed that the North Korea-backed hacker group Lazarus is once again using sanctioned crypto mixer Tornado Cash to obfuscate its transactions.
Last year, the group ceased using the crypto mixer after US governmen...
Blockchain Technology
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Regulations -
1 month ago
Stablecoin issuer Tether collaborated with the US Department of Justice and the Federal Bureau of Investigation (FBI) to seize $1.4 million USDT associated with a tech support scam network, according to a Mar. 12 statement.
The fraudulent scheme targ...
Blockchain Technology
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Regulations -
1 month ago
The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets.
The proposed rules are expected to generate nearly $10 billion in additional...
Blockchain Technology
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Regulations -
1 month ago
Wyoming has passed a law recognizing blockchain-based decentralized autonomous organizations (DAOs) as legal entities.
The bill — titled the Decentralized Unincorporated Nonprofit Association Act (DUNA) — was signed by the state’s Governor on M...
Blockchain Technology
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Regulations -
1 month ago
Worldcoin developer Tools for Humanity has filed a lawsuit to appeal Spain’s recent ban on its data collection and usage within the country for three months.
Worldcoin said in a March 6 blog post that Spain’s regulators circumvented the r...
Blockchain Technology
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Regulations -
1 month ago
Stablecoin issuer Tether Limited has entered a Memorandum of Understanding (MOU) with the Republic of Uzbekistan’s National Agency of Perspective Projects (NAPP) to develop a regulatory and legal framework for digital assets in the country, acc...
Blockchain Technology
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Regulations -
1 month ago
US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC).
Powell made the statement during a March 7 Senate Banking Committee hearing on monetary po...
Blockchain Technology
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Regulations -
1 month ago
The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance.
New regulations
The planned regulation would include licensing, registration, and sc...
Blockchain Technology
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Regulations -
1 month ago
SEC chair Gary Gensler cautioned investors to carefully consider the merits of each project after the market experienced extreme volatility following Bitcoin’s ascent to a new all-time high.
Gensler made the statements during an interview with...
Blockchain Technology
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Regulations -
1 month ago
CFTC chair Rostin Behnam told Congress there is an urgent need for legislation that can provide regulatory clarity for the crypto industry to ensure investors are appropriately protected.
Behnam made the statement during his testimony before the Hous...
Blockchain Technology
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Regulations -
1 month ago
Spain’s Data Protection Agency (AEPD) has ordered Worldcoin to halt personal data collection and processing and cease using already gathered data within the country for the next three months.
This directive, issued on Mar. 6, addresses several...
Blockchain Technology
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Regulations -
1 month ago
The SEC filed a joint motion on March 5 requesting the court to take further action against Binance.US over allegedly failing to comply with regulatory requests for information on customer assets.
According to the filing, the SEC claims that Binance....
Blockchain Technology
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Regulations -
1 month ago
The Indian government has announced a new requirement for technology companies to secure government approval before publicly releasing artificial intelligence (AI) tools that are still in development or considered “unreliable,” Reuters re...