The WEF has released a comprehensive report suggesting global guidelines to regulate the complex and rapidly-evolving crypto industry, emphasizing the need for harmonized regulations to ensure market stability and investor protection. The World Economic Forum (WEF) has released a significant study on the...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase has taken a proactive stance in urging the establishment of a comprehensive regulatory framework for the U.S. digital asset industry. The company highlighted the need for clear guidelines...
One of the most significant developments in the financial industry has been the advent of cryptocurrencies and blockchain technology. With their exceptional advantages over traditional investments, cryptocurrencies have gained massive popularity in recent years. However, these assets’ decentralized and unregulated nature has often...
Following a calm week, there were more regulatory actions, especially in the United States. Meanwhile, more hacks and rug-pull spilled over from the previous week. The buzz surrounding meme coins, fueled by the success of PEPE, created an opening for malicious actors who...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A recent ruling by the Third Circuit Court of Appeals has given Coinbase an advantage in its legal battle with the Securities and Exchange Commission (SEC) over allegations of...
Ukraine has announced its commitment to adopt the European Union’s new regulation on Markets in Crypto-assets (MiCA) which aims to provide a clear and comprehensive legal framework for the European crypto industry. The European Parliament approved MiCA on April 20, and the new...
The U.S. has excluded the World Bank’s International Development Association (IDA) from the requirements of the Securities Exchange Act of 1934 and the Securities Act of 1933. According to the World Bank, the exemption laws will result in significant savings for the Multilateral...
The Bank of England (BoE) is considering implementing restrictions on stablecoins for payments and developing new regulations to ensure financial stability, according to deputy governor Jon Cunliffe. The Bank of England (BoE) is considering imposing restrictions on stablecoins as a form of payment...
Mike Novogratz has urged US authorities to take a more liberal approach toward regulating crypto. The Galaxy Digital CEO says the current onslaught on the web3 space, majorly due to Sam Bankman-Fried’s alleged fraudulent practices, is akin to “throwing away the baby with...
The international Group of Seven, better known as the G7, is reportedly primed to push for stronger cryptocurrency laws to boost the sector’s transparency and improve consumer protection. A report published by a leading Japanese news agency, Kyodo News, claims that G7 intends...