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Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government

[Sep 15 3:30 AM] The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies…

Stakeholders urge Nigeria to adopt compliance-focused crypto regulation

[Aug 25 10:49 AM] While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

Harris campaign aims to repair Democratic Party ties with crypto sector

[Jul 28 5:29 AM] As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve.

EU releases crypto-asset classification tools to help firms comply with MiCA

[Jul 19 7:51 AM] EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play.

Hong Kong unveils new stablecoin licensing regime

[Jul 17 5:32 AM] The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback.

Nigeria’s SEC boss says crypto can aid 38M unbanked

[Jun 28 5:31 AM] Emomotimi Agama noted that cryptocurrencies like Bitcoin can considerably lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home.

Nigerian blockchain group calls for fair resolution in Binance case

[Jun 27 1:25 AM] BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive.

Australian MP says the country needs blockchain ‘more than ever’

[Jun 10 9:18 PM] Australian Parliament Member Andrew Charlton said blockchain technology could add $60 billion to the economy and reverse stagnating productivity growth.

Dubai financial regulator updates crypto token rules for funds

[Jun 3 5:12 AM] The changes encompassed several areas, including the ability of both external and domestic funds to invest in crypto tokens.

House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans

[May 22 4:38 PM] The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark…

Indian Regulator Advocates Multi-Agency Approach for Crypto

[May 18 5:20 AM] The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the…

SEC Rejects Coinbase’s Call for New Crypto Regulations

[May 13 8:15 AM] In a recent legal filing, the U.S. Securities and Exchange Commission (SEC) pushed back against Coinbase’s demands for a completely revamped regulatory framework for cryptocurrencies. The agency argued that existing rules are adequate and that…

New South Korean leadership will press for Bitcoin ETF trading

[May 7 12:01 PM] The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds, and it expects to follow through — one way or another.

Thailand to Block Access to 'Unauthorized' Crypto Platforms

[Apr 22 2:03 AM] Authorities in Thailand have decided to block "unauthorized" crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said.

Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens

[Aug 16, 2023 3:30 AM] The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated”…

House Financial Services Committee Advances Clarity for Payment Stablecoins Act

[Aug 9, 2023 5:30 AM] On July 27, 2023, The U.S. House Financial Services Committee advanced a stablecoin-focused bill for the first time. The Clarity for Payment Stablecoins Act of 2023 would establish a federal regulatory framework for stablecoins with the U.S…

G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules

[Aug 6, 2023 8:30 PM] The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed to enforce international standards in the field and…

Circle CEO spells doom scenario for US dollar in warning to Congress

[Jul 13, 2023 7:32 PM] Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar.

Dubai: Launching a Crypto Regulatory Arm to Become a Global Financial Power

[Jun 27, 2023 5:37 AM] The center of the crypto universe has been shifting toward the UAE since March 2022, when Dubai announced the world’s first independent crypto regulator, the Virtual Asset Regulatory Authority. With its state intention to provide legal clarity for…

Coinbase blasts SEC for ‘no straight answers’ following court order

[Jun 18, 2023 11:09 PM] The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase's rulemaking petition.

Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown

[Jun 7, 2023 11:30 AM] In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on…

Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO

[May 19, 2023 12:45 AM] Bittrex Global CEO Oliver Linch believes crypto conferences won’t exist in five to 10 years — because crypto will become just a part of traditional finance.

Where crypto can grow: Digital asset regulations around the world

[Apr 28, 2023 8:01 AM] While many countries have sped up their efforts to regulate cryptocurrencies following a crisis-filled 2022, most still lack a clear framework for the industry to build around.

Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto

[Dec 20, 2022 6:30 AM] Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian…

FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

[Nov 27, 2022 8:02 PM] Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from "hype cycles" and towards "real utility."