Ripple CLO Stuart Alderoty criticizes U.S. regulatory framework for lacking clarity. Ripple unlocks 1 billion XRP from escrow, impacting market dynamics. Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple,…
Browsing: Crypto regulation
South Korea is preparing to implement tough cryptocurrency regulations, which include conditions for listing and delisting virtual assets for investor protection. The rules are meant to introduce self-regulation in the…
The Biden administration threatens to veto a bill allowing regulated financial firms to hold Bitcoin, sparking debate over cryptocurrency regulation. Supporters argue that overturning SEC regulations would foster innovation, while…
Norway’s new law regulates crypto mining due to environmental worries, aiming to align with global climate goals. The law targets data centers facilitating mining, reflecting Norway’s commitment to responsible digitalization.…
Worldcoin has introduced an “unverify” function to help users better manage their data. With this move, implemented based on regulatory scrutiny, WLD has stayed resilient in the green position. Worldcoin,…
Senator Warren criticizes the SEC for approving Bitcoin ETFs, citing concerns about crypto regulation and the need for anti-money laundering rules. Warren pushes her Digital Asset Anti-Money Laundering Act, gaining…
The Ripple vs. SEC legal battle escalates, with questions about U.S. securities laws’ global reach and Ripple’s resolve to fight. Lawyers disagree on the case’s outcome, but Ripple’s CEO is…
The US Federal Reserve has expanded its Novel Activities Supervision Program. This program will now tight place crypto under its scrutiny across the board. In the latest move to limit…
The G20 under the leadership of India are mulling a global crypto regulatory framework. The framework will take into account input from the FSB and other core agencies. G20 nations…
SEC Chairman Gary Gensler wants more money to fight the crypto ecosystem. The markets regulator has carried out a number of intense crackdowns over the past 12 months. Gary Gensler,…
VeChain is more aligned to the MiCA energy rules as affirmed by its Carbon Calculator tool. The VeChain tool may come in handy for other protocols tilting towards achieving compliance.…
Central bank leaders at the WEF in Davos agreed on the need for comprehensive crypto regulation. This regulation may be welcome by industry leaders as they have been clamoring for…
Despite the 2022 crypto winter, new investors continue to invest in Indonesia’s crypto market. Meanwhile, Indonesia tightened its crypto regulatory policies last October following events in the crypto space since…
Senator Liz Warren sponsored bill seeks to block all possible means that bad actors use to launder money through the crypto industry. The digital asset anti-money laundering act will introduce…
The investment banking giant has rolled out the possible regulatory changes that will take place in the crypto industry following the FTX debacle. JPMorgan further said consumer protection would become…
The SEC claims all Ethereum transactions fall under US jurisdiction in its civil complaint against a crypto influencer. Ethereum price has gained 4 percent in the last 24 hours despite…
The plan involves lending out DAI against fiat assets and accumulating ETH but the end goal is to turn the stablecoin into a free-floating asset. The MakerDAO community members have…
Mendoza residents can use DAI or USDT stablecoins to pay for government services. The rising inflation rate in Argentina may have contributed to Mendoza authority’s preference for inhabitants to transact…
The militant group considers digital assets such as Bitcoin as fraud. Shut down of crypto-related businesses is highest in Herat, Afghanistan’s third largest city. The Popular militant group, the Taliban,…
SEC chair crypto targeting shows his intent to expand the agency’s powers. Gensler seems more interested in enforcing crypto regulation than providing clarity about the regulation. The SEC chair, Gary…