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Bank of Korea given right to investigate local crypto firms: Report

[Apr 23, 2023 10:28 PM] The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.

Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation

[Apr 23, 2023 3:30 AM] Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of…

With MiCA Past the Finish Line, UK's Crypto Industry Calls for Rules of Its Own

[Apr 21, 2023 9:17 AM] The finalization of the landmark law puts “significant pressure” on the U.K. to deliver its own crypto rules, one industry group said.

EU Crypto Industry Applauds MiCA – But Looks to What’s Next

[Apr 21, 2023 4:23 AM] A Thursday vote sealed the deal on the long-awaited crypto law, but there’s still plenty of details to settle.

Abu Dhabi's Financial Free Zone Proposes Legal Framework for Decentralized Economy

[Apr 21, 2023 3:47 AM] The proposals target projects built on distributed ledger technology to provide clarity on governance structures and disclosures.

SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm

[Apr 20, 2023 9:44 PM] The venture capital firm pointed out the fundamental differences between crypto assets and securities.

U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients

[Apr 20, 2023 1:00 PM] The U.S. Securities and Exchange Commission (SEC) is advising brokers and investment advisers that they need to use heightened scrutiny when it comes to making crypto recommendations to ensure the risky products are in the best interests of their…

Tornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules

[Apr 20, 2023 5:09 AM] Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol

EU Parliament Approves Crypto Licensing, Funds Transfer Rules

[Apr 20, 2023 4:33 AM] The vote clears the way for landmark MiCA regulation to take effect in 2024.

Collapsed Turkish Crypto Exchange Thodex's CEO Faruk Özer Extradited, Arrested in Istanbul: Report

[Apr 20, 2023 3:49 AM] Faruk Fatih Özer, the founder of Thodex, one of Turkey's largest crypto exchanges, facing charges of fraud and running a criminal organization, has been extradited to Turkey and was detained by police upon arrival in Istanbul.

U.S. Government Allows the Bulk of Voyager-Binance.US Deal to Proceed

[Apr 20, 2023 3:09 AM] A new court filing suggests non-contentious elements of the $1 billion deal could go ahead even before an appeal is heard.

EU Lawmakers Skeptical on Digital Euro Plans

[Apr 19, 2023 9:44 AM] Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency.

Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue

[Apr 19, 2023 8:44 AM] Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.

EU’s Crypto Licensing Regime Set for Approval as Lawmakers Signal Support

[Apr 19, 2023 6:37 AM] Leaders of the European Parliament’s largest political groupings indicated they’ll support the landmark MiCA law ahead of a vote Thursday

Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin

[Apr 19, 2023 5:42 AM] The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.

SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing

[Apr 19, 2023 2:05 AM] Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday.

Central Banks Successfully Test DLT in Linking Financial Settlement Systems

[Apr 19, 2023 1:30 AM] The experiment, called Project Meridian, shows it's possible to settle large synchronized transactions in central bank money, a report said.

What’s in the House Financial Services Committee’s Stablecoin Bill?

[Apr 18, 2023 4:29 PM] The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while…

FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report

[Apr 18, 2023 11:20 AM] The collapsed exchange's creditors are working with the company "to evaluate all options to reboot or sell the FTX exchanges."

Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing

[Apr 18, 2023 7:56 AM] Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing…

UAE Securities Regulator to Start Accepting License Applications From Crypto Firms

[Apr 18, 2023 5:05 AM] The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates.

Israel's Central Bank Outlines Scenarios for Issuing a Digital Shekel

[Apr 18, 2023 2:13 AM] The bank made it clear that no decision has yet been made on issuing a central bank digital currency.

Crypto Exchange Bybit Opens Global HQ in Dubai

[Apr 18, 2023 1:10 AM] Crypto exchange ByBit has opened its global headquarters in Dubai, nearly an year after it had revealed plans based on an in-principle approval to move its global headquarters to the city.

Hong Kong's Central Bank Digital Currency Could be On Permissioned Blockchain: Source

[Apr 17, 2023 11:18 PM] At least one bank is leaning towards developing it on a permissioned blockchain.

SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules

[Apr 17, 2023 1:00 PM] The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary…

BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules

[Apr 17, 2023 10:17 AM] The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit.

NY Financial Regulator Adopts Virtual Currency Assessment Rule

[Apr 17, 2023 9:17 AM] The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision.

Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit

[Apr 17, 2023 8:11 AM] The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global…

Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations

[Apr 17, 2023 8:00 AM] According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice…

SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ

[Apr 17, 2023 6:43 AM] The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation.