Regulatory News
Regulations are the legal and procedural frameworks governments enact to shape many different aspects of digital assets. Regulations may address how digital money is created, bought, sold, and traded.
Cryptocurrency regulations across jurisdictions can range from detailed rules designed to support blockchain users to outright bans on trading them. A high-quality regulatory framework is crucial for achieving mass adoption of cryptocurrencies.
One key benefit of crypto regulation is the increased protection it offers investors. By imposing stricter compliance requirements on cryptocurrency businesses, regulatory oversight can help minimize fraudulent activities, scams, and Ponzi schemes.
It also clarifies tax rules, boosts investor confidence, encourages blockchain innovation, facilitates interoperability, reduces systemic risk, and promotes inclusion. To get latest changes and amendments in regulations, read from CryptoTale.
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South Korean Woman Arrested for Stealing $480k in Crypto
A South Korean woman stole $480K in crypto to settle debts and fled to North Jeolla. The suspect accessed crypto…
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OTPP Faces Legal Action Over Risky FTX Investment Moves
OTPP invested $95M in FTX before its 2022 bankruptcy, raising due diligence concerns. Members claim the pension board failed to…
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Nasdaq’s Litecoin ETF Filing Could Redefine Crypto ETF
Nasdaq’s filing seeks to bring Litecoin into the regulated ETF market, offering new financing opportunities. LTC’s unique features, like faster…
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Apple, Google Remove Huione Apps Amid $24B Cyberscam Scandal
A $24 billion fraud network used apps and cryptocurrency for large-scale scams and theft. The apps were removed after investigations…
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Upbit Faces Suspension Over KYC Violations in South Korea
Upbit faces suspension as South Korea probes 700K KYC breaches and AML violations. FIU finds Upbit violated KYC laws, risking…
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Arkansas Lawmakers Propose Ban on Crypto Mining Near Military Bases
Arkansas proposes a bill banning crypto mining within 30 miles of military bases. Cabot crypto mine meets state rules but…
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BitMEX Hit with $100M Fine Over Anti-Money Laundering Violations
BitMEX aces a $100M fine and probation for violating U.S. anti-money laundering laws from 2015-2020. Founders Arthur Hayes, Benjamin Delo,…
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SEC Pushes Forward with Ripple Appeal as XRP Reclaims $3.1
The SEC appeals the July 2023 ruling that XRP programmatic sales aren’t securities. Ripple dismisses the SEC’s case, predicting less…
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Financial Oversight Shifts as Michael Barr Exits Key Fed Role
Barr steps down as the Federal Reserve’s top regulator, creating new leadership opportunities. Trump’s administration is expected to shift banking…
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Binance.US to Resume USD Services in 2025 Amid Regulatory Push
Binance.US plans to resume USD services in 2025, marking a key step in regaining user trust. Reed calls fiat services…
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Digital Ruble Gains Momentum: Will Russia Abandon Its BTC Goals?
Russia has introduced a new bill mandating banks and merchants to use the country’s CBDC, a digital ruble. Despite Russia’s…
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Pro-Crypto Conservative Pierre Poilievre Leads Canada Race
Pierre Poilievre leads the leadership race with 88% odds, pushing the pro-crypto agenda. Crypto mentions in Parliament fell 66% in…
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