A European Parliament-commissioned study proposes all crypto assets be treated as securities by default and calls for decentralized finance (DeFi) organizations to receive legal status. A recent study commissioned by lawmakers at the European Parliament proposes that all crypto assets should be treated...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied South Korea plans to implement a system that allows real-time monitoring of wallet addresses and freezing funds on crypto exchanges and Binance, among others. A meeting will be held...
The International Organization of Securities Commissions (IOSCO) has proposed the first-ever global approach for regulating the crypto asset and digital markets. This game-changing development aims to fortify consumer protection and uphold market integrity across the expansive and evolving crypto landscape. In a paradigm...
In a shocking turn of events, an attacker who recently hijacked the governance of Tornado Cash has proposed to undo their hack, sparking hope and skepticism within the community. The attacker’s initial malicious proposal on May 21 granted them complete control over Tornado...
The treasury select committee, a prominent cross-party group of U.K. lawmakers, has released a report suggesting that retail investing in unbacked cryptocurrencies, such as bitcoin, should be regulated similarly to gambling. In their findings published on May 17, the committee “strongly recommended” the...
New York State has proposed new legislation that would authorize fiat-collateralized stablecoins as a means of bail payment. The bill, known as New York Assembly Bill 7024, introduced on May 10, would add stablecoins to the list of approved methods of paying bail...
New York State Attorney General (NYAG), Letitia James, is urging the state’s legislature to pass a law regulating the cryptocurrency sector that she claims will set the standard for the rest of the country regarding openness and investor protection. In a May 5...
Kenya’s lawmakers are considering introducing a new bill that would impose a tax on cryptocurrency and non-fungible token (NFT) transfers and monetized online content. On May 4, The Finance Bill 2023 was presented to the Kenyan parliament proposing the creation of a digital...
In a recent legislative meeting held by the Nevada Senate Committee on Commerce and Labor, members discussed a cryptocurrency bill aiming to establish a recovery fund to protect vulnerable populations from fraud, abuse, and manipulation within the cryptocurrency sector. The fund in question...
The Rook DAO community has proposed a dissolution of the DAO, citing network stagnation, poor management, and DAO exclusion. Rook DAO to dissolve The ROOK protocol has recently suffered severe criticism, especially from the DAO. On March 22, Wismerhill proposed the network dissolve...