US lawmakers questioned Securities and Exchange Commission (SEC) Chair Paul Atkins at a hearing on Wednesday about the agency’s enforcement actions against the crypto industry and why several cases were dismissed since the leadership change. […]
The United Kingdom’s financial watchdog has launched court action against cryptocurrency exchange HTX, alleging it illegally promoted crypto asset services to British consumers in breach of financial advertising rules. The UK Financial Conduct Authority (FCA) […]
Vietnam is preparing to introduce a tax framework for cryptocurrency transactions that would align digital assets with securities trading, according to a draft policy circulated by the Ministry of Finance. Under the proposal, individuals transferring […]
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged […]
The People’s Bank of China (PBOC), the country’s central bank, and seven Chinese regulatory agencies published a joint statement on Friday banning the unapproved issuance of Renminbi-pegged stablecoins and tokenized real-world assets (RWAs). The ban […]
World Liberty Financial (WLFI), a crypto company linked to US President Donald Trump’s family, is facing scrutiny from House Democrats over a reported $500 million investment by an entity linked to an Abu Dhabi royal […]
Pavel Durov, the co-founder of the Telegram messaging platform, sounded the alarm about the Spanish government’s plan to usher in online age verification and restrict social media platforms for individuals under the age of 16. […]
The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September. Lawmakers in the US House of Representatives have approved a bill that will […]
The meeting came more than two weeks after the Senate Banking Committee postponed a markup on the CLARITY Act, adding that everyone “remains at the table“ to work on the bill. Officials in US President […]
A hard-start approach may force compliant firms to stop operations. The HKSFPA urges a 6–12 month grace period for applicants. The association also raised concerns over the CARF framework. Hong Kong’s plan to tighten oversight […]
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