#Crypto Regulation

Highlights: Coinbase CEO Brian Armstrong urges SEC to drop ‘frivolous’ crypto cases, stressing the need for regulatory clarity. Armstrong warns SEC’s inconsistent crypto rules harm U.S. innovation, calling for clear, stable guidelines. With U.S. elections approaching, Armstrong backs pro-crypto candidates […]

Highlights: The Netherlands aims to enhance crypto transparency with new tax reporting rules under the EU’s DAC8 directive. Crypto firms in the Netherlands will need to report user transactions to tax authorities for compliance. Public feedback on the Dutch crypto […]

Highlights:  Binance halts referral program in Turkey to comply with new requirements,  The program will be closed to new Turkish referrers, but existing Turkish referrers will continue receiving commissions. Turkish cryptocurrency users are guaranteed continued service by Binance stressing its […]

Highlights: Blockchain.com executives face prosecution for delayed financial filings, highlighting regulatory pressures on cryptocurrency firms. Legal action against Blockchain.com executives stems from failure to submit 2022 accounts on time, citing restructuring issues. Blockchain.com, valued at $7 billion in 2023, faces […]

Highlights: Kraken launched a regulated derivatives platform in Bermuda, offering over 200 contracts, including perpetual and fixed-maturity futures. Bermuda’s clear regulatory framework attracts major crypto firms like Kraken, Coinbase, HashKey Global, and Binance. Kraken is expanding offshore after facing regulatory […]

Highlights: Gensler affirms Bitcoin as a commodity, distinguishing it from other digital assets classified as securities. SEC aims to enhance transparency and enforce stricter regulations on ICOs and crypto firms. The crypto community debates the SEC’s stance on balancing innovation […]

Highlights: Gensler and SEC commissioners faced their first congressional hearing on crypto oversight since 2019. Congressman Emmer labeled Gensler “destructive” and criticized his crypto enforcement approach at the SEC. SEC Commissioner Peirce argued the agency has failed to provide clear […]

Highlights: Industry leaders hint at China possibly easing its crypto ban by 2024, although these claims are later retracted Despite rumors, experts like Yifan He remain skeptical about China permitting open cryptocurrency trading using local currency China’s latest regulatory changes […]

Highlights: Binance returns to India after paying $2.25M fine, resumes trading services Compliance with Indian regulations crucial for Binance’s market re-entry and future dominance Binance’s return may boost India’s crypto market and inspire other global exchanges to follow Binance, the […]

Highlights: Coinbase relaunches in Hawaii, enabled by regulatory updates The platform offers over 500 crypto trading pairs and staking options Coinbase’s return may inspire regulatory changes in other states Coinbase, the leading crypto exchange, has announced its return to Hawaii […]

Highlights: Canada sets deadline for crypto platforms to meet full regulatory compliance South Korea enacts VAUPA to regulate and stabilize the crypto market CIRO introduces a Readiness Questionnaire to ensure crypto platforms meet legal standards. Canada’s financial regulators have set […]

Highlights: Qatar shifts from banning Bitcoin to developing a digital assets regulatory framework The QFC launches a Digital Assets Lab to foster blockchain and digital asset innovation  Qatar aims to finalize and enact the digital assets framework by Q4 2024 […]