REGULATION
UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards
The UK is intensifying regulatory standards for crypto exchanges under the Financial Services and Markets Act, aiming for parity with traditional financial services. Exchanges must comply with stringent risk assessments and finance tests, impacting both domestic and offshore entities.
More DetailsUpbit Singapore Secures MAS's MPI Licence
Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector.
More DetailsSpot Bitcoin ETFs: A Pivotal Decision by SEC Awaits
The SEC is nearing a decision on approving spot Bitcoin ETFs, which could significantly impact the cryptocurrency market and investor sentiment, with discussions focusing on minor amendments.
More DetailsCoinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition
Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.
More DetailsCalifornia Spearheads AI Ethics and Safety with Senate Bills 892 and 893
California takes a pioneering role in AI regulation with Senate Bills 892 and 893, aiming to ensure AI safety, ethics, and public benefits.
More DetailsOKX Introduces Mandatory Risk-Awareness Questionnaires for UK Users
OKX aligns with UK financial regulations by introducing mandatory risk-awareness questionnaires for its users, fostering responsible cryptocurrency trading and informed decision-making.
More DetailsZhao Dong's Conviction Highlights China's Stance on Cryptocurrency and Foreign Exchange Regulation
Zhao Dong's conviction in China's OTC crypto trading case underscores the country's strict cryptocurrencies and foreign exchange regulations, warning other entities operating in similar jurisdictions.
More DetailsChina Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies
Chinese authorities have dismantled a $2.2 billion underground banking network that used cryptocurrencies to bypass financial controls, seizing $28,000 worth of digital currencies.
More DetailsHong Kong to introduce comprehensive stablecoin regulation, focusing on innovation and investor protection.
Hong Kong is launching a public consultation to establish comprehensive stablecoin regulations, aiming to balance innovation with investor protection, marking a significant step in cryptocurrency governance.
More DetailsCoinbase Counters Senator Warren's Allegations
Coinbase denies Sen. Warren's allegations of using ex-government officials to resist digital asset regulations, highlighting its commitment to responsible crypto regulation.
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