The UK government expects the country’s stablecoin and staking legislation within six months. Economic Secretary to His Majesty’s Treasury (HMT), Bim Afolami, said this during an event hosted by Coinbase in London. The UK government […]
Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that prohibits institutions from trading crypto. The banking regulator reached the resolution on Monday and cites fraud and money […]
Crypto.com applies for Hong Kong license amid regulatory crackdown. Hong Kong SFC emphasizes swift closure for unlicensed exchanges, urging investor protection. The outcome of Crypto.com’s application remains uncertain. In a bid to establish a stronger […]
Montenegro Court revokes Do Kwon’s extradition, citing procedural violations. Former Terra CFO Han Chang-joon extradited to South Korea after Montenegro sentence. US SEC trial postponed, hinting at legal manoeuvres amidst extradition proceedings. In a significant […]
Bybit applies for a VATP license in Hong Kong through Spark Fintech Limited. Hong Kong’s favourable regulatory environment contrasts with China’s crypto crackdown. Harvest Fund Management’s spot bitcoin ETF application signals Hong Kong’s growing crypto […]
Treasury and BOE intensify efforts to explore CBDC feasibility and design options. Emphasis is on privacy and security in the CBDC design process. Discrepancies over holding limits highlight debates within the banking sector. The United […]
The new bill seeks to introduce a crypto regulatory framework that aligns with the EU’s MiCA. Poland’s Financial Supervision Authority (KNF) will supervise cryptocurrencies and impose penalties where applicable. Poland’s financial markets regulator plans to […]
Turkey’s crypto regulation seeks to align the country’s anti-money laundering laws with the scope of the Financial Action Task Force (FATF) as it looks to get off the “grey list”. Minister of Treasury and Finance […]
Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads the initiative, emphasizing the right to financial flexibility. Despite temporary limitations, entities opting for Bitcoin […]
India issues show-cause notices to Binance, Kucoin, and others for PMLA violations. Finance Ministry urges blocking URLs of offshore exchanges operating illegally in India. 1% tax on local exchanges prompts 3-5 million Indian users to […]