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.
-
DOJ Charges Russian in $530M USDT Crypto Laundering Case
Gugnin used his crypto firm Evita to convert USDT into U.S. dollars for sanctioned clients. He lied to U.S. banks…
Read More » -
Sui Teams Up with Dubai’s VARA to Support Crypto Startups
Sui and VARA Dubai partner to support startups and expand the virtual asset ecosystem. The alliance will provide licensing guidance,…
Read More » -
SEC Postpones Its Decision on Canary Spot SUI ETF Proposal
Canary’s push for SUI ETF highlights growing efforts to merge crypto with traditional finance. The SEC stated that it needs…
Read More » -
Fed Confirms Bowman as Vice Chair in 48–46 Senate Vote
Senate confirms Bowman as Fed Vice Chair for Supervision in narrow 48–46 vote. Bowman’s role may help shape fair crypto…
Read More » -
Australia Limits Crypto ATM Cash to Protect Users From Scams
AUSTRAC reports high scam losses from crypto ATMs, with many victims over 50 years old. Crypto ATM cash deposits and…
Read More » -
Ripple Stablecoin RLUSD Approved for Use in Dubai’s DIFC
Ripple’s RLUSD stablecoin gets regulatory approval from the DFSA for use in Dubai’s DIFC zone. RLUSD is designed for enterprise-grade…
Read More » -
Singapore Tells Crypto Firms to Stop Overseas Deals by June 30
Firms in Singapore without licenses must stop global crypto services by June 30. Unlicensed firms must wind down or apply…
Read More » -
FTX Starts $5B Distribution Using Stablecoins and Partners
FTX is distributing over $5B to creditors through BitGo and Kraken partnerships. Each class has a different recovery rate, but…
Read More » -
Thailand SEC to Block Bybit, 4 Others for Unlicensed Operation
Thailand’s SEC moves to close Bybit and other unlicensed cryptocurrency exchanges by June 28. New laws let authorities quickly block…
Read More » -
SEC Guidance: Crypto Staking Rewards Are Not Securities
SEC clarifies that self and custodial crypto staking aren’t considered securities offerings. Staking rewards are viewed as compensation for services,…
Read More » -
SEC Officially Drops Lawsuit Against Binance With Prejudice
The SEC drops lawsuit against Binance and CZ, marking a major win for the crypto exchange. The case dismissal is…
Read More » -
UK Regulators Seek Public Input on Stablecoin Governance
FCA seeks input on stablecoin plans, aims to boost innovation and economic opportunity. Businesses must establish robust systems to prevent…
Read More »
