Regulation

Highlights: OpenSea calls on the SEC to clarify NFT marketplace classification under securities law. OpenSea states it does not act as a broker or exchange in any legal or functional sense. The company seeks informal guidance and exemption from proposed […]

Highlights: Bitget secures a DASP license in El Salvador, enhancing its services. The company joins Binance and Bitfinex as major exchanges in El Salvador. El Salvador’s regulatory framework attracts global crypto companies. Bitget, a global cryptocurrency exchange and Web3 company, […]

Highlights: OKX was fined $1.2M by Malta for past anti-money laundering breaches. FIAU flagged OKX’s onboarding, monitoring, and risk assessment failures. OKX recently improved compliance and hired a new legal officer amid regulatory scrutiny. Malta’s Financial Intelligence Analysis Unit (FIAU) […]

Highlights: Coinbase secures registration with the FIU allowing it to offer crypto services in India. The company plans to launch retail services in India by late 2025. India’s growing developer ecosystem is a major opportunity for Coinbase’s expansion. Coinbase, a […]

Highlights: South Korea is set to test a CBDC by allowing users to use deposit tokens for real transactions at select stores. The Bank of Korea will pilot the CBDC for three months. The test may lead to the adoption […]

Highlights: South Korea reports its first virtual asset price manipulation case under the Virtual Asset Act. The suspect profited using a pump-and-dump strategy within 10 minutes. Authorities aim to strengthen market regulations and prevent unfair trading practices. South Korea has […]

Highlights: Ledger’s Seth Hertlein criticizes MiCA’s complexity and cost, arguing it will stifle EU crypto startups’ competitiveness. Robinhood’s Bitstamp acquisition is seen as a response to MiCA, highlighting concerns over the impact of the regulation. Despite criticisms, MiCA has been […]

Hong Kong’s cryptocurrency exchange licensing fees have reduced, contrasting with figures from a year ago. According to Livio Wang, the Chief Operating Officer of HashKey Group, the expenses associated with obtaining these licenses have decreased from tens of millions to […]

Highlights: Rep. McHenry calls for a broader vehicle for stablecoin legislation in the Senate. Recent pro-crypto laws bring digital asset regulations into focus, says McHenry. McHenry highlights the Financial Innovation and Technology for the 21st Century Act as a landmark […]

Highlights: US Treasury report identifies NFTs as potential channels for illicit finance like money laundering and terrorist financing. Despite broader market threats, most illegal finance activities still occur via traditional methods, not digital assets. Treasury recommends new regulatory measures for […]

Highlights: Nigeria’s Senate proposes cryptocurrency regulation to stabilize the national economy. Senator Izunaso emphasizes the need for accountability in Nigeria’s growing crypto market. New SEC Director-General Dr. Agama pledges to enhance capital market growth and create jobs. The Senate Committee […]

Highlights: The EU’s new MiCA regulation targets the elimination of MEV to ensure fair cryptocurrency trading. MultiversX stands out by preventing transaction reordering and aligning with EU standards for market fairness. ESMA’s draft standards call for detailed reporting on MEV, […]