#Crypto Regulation

Highlights: South Korea will create a permanent unit to fight cryptocurrency crimes as fraud and money laundering cases increase. The crypto crime unit has seized assets worth $97.5 million and arrested 18 suspects linked to illegal activities. Authorities plan to […]

Highlights: Senator Cynthia Lummis says that Congress should only set crypto rules, and the SEC is overstepping its authority. Coinbase fights SEC claims that it runs an unregistered exchange and says current laws do not fit digital assets. The SEC’s […]

Highlights: Jordan approves a virtual asset regulatory framework within a year to strengthen its digital economy.   A ministerial committee will oversee governance and regulatory processes for virtual assets.   The framework aims to ensure FATF compliance and attract foreign investments.  The […]

Highlights: Bitpanda receives a MiCA license from Germany’s BaFin, strengthening compliance and operational reach across the EU. The license enables expansion into all 27 EU member states with one unified framework. MiCA sets a global standard for regulating crypto assets […]

Highlights: The House Oversight Committee is investigating improper debanking of the crypto industry. Crypto executives accuse the previous administration of imposing banking restrictions.  The former administration has denied claims of crypto suppression and other unethical services. The U.S. House Oversight […]

Highlights: Coinbase is seeking court clarity on whether crypto trades are securities to resolve regulatory confusion. The lawsuit against Coinbase raises key legal questions about digital assets and securities regulations. The court decision on the Coinbase appeal could redefine crypto […]

Highlights: Hong Kong’s stablecoin bill requires the issuers to apply for a license from the HKMA. Authorities will seek to ensure that stablecoin backing is high quality liquid. The existing public consultation for crypto custodians and OTC trading regulation will […]

Highlights: Upbit and Bithumb will pay users 3.5 billion won for system failures during the martial law declaration. Financial regulators have demanded improved servers and emergency plans to protect cryptocurrency investors in South Korea.  The former CEO of Bithumb has […]

Highlights: Gemini selects Malta as its MiCA compliance hub after securing a Virtual Financial Assets license. Malta’s proactive approach supports Gemini’s European operations under MiCA regulations. MiCA’s implementation has streamlined compliance for crypto firms across Europe, enhancing regulatory clarity. Gemini […]

Highlights: South Korea has begun the second phase of crypto regulations to protect investors. FSC may soon allow corporate crypto accounts after an extensive review. South Korea has joined other countries in combating North Korean cyberattacks. South Korean regulators have […]

Highlights: CFTC increases enforcement to tackle fraud and ensure transparency in the crypto industry. Mosaic Exchange misled investors and misused funds, resulting in penalties of over $1.1 million. CFTC reviews Crypto.com football contracts over potential gaming law violations. The Commodity […]

Highlights: Bybit will implement the suspension beginning January 12, 2025, at 8 AM UTC. The platform is currently pursuing a license in France to resume operations in the country. Bybit also launched its Physical Card for users in Brazil after […]