The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive […]
The settlement between Kraken (Payward Ventures) and the United States Securities and Exchange Commission set off alarm bells in the crypto community this month. Apparently, Kraken — one of the most compliance-minded crypto exchanges in […]
Stefan Rust, CEO of Truflation, says the SEC’s ruling about BUSD being a security has no sense legally. The former Bitcoin.com CEO believes there’s a political angle to the action, pointing to Binance’s freezing out […]
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are currently processed by eight banks, […]
Crypto exchange Coinbase’s executives are standing up for its crypto staking services, claiming it cannot be classified as a security, and threatening to bring the matter to the courts in the United States. Brian Armstrong, […]
The UK financial services sector wants to be a leader in crypto regulation. The consultation paper addresses stablecoins, NFTs and ICOs. There however won’t be a separate regulatory system for the crypto space according to […]
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered offering” related […]
Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs. In a Feb. 9 announcement, the SEC said it had charged Kraken with […]
The Bank of England and HM Treasury published the consultation paper for a Digital Pound on Tuesday, 7 February 2023. The central bank digital currency (CBDC) is envisioned as digital money to work alongside, not […]
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’s Lee Su-young, security token investors […]
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