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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Infini Suffers $49M Hack, Assures Compensation Amid Crisis
Infini’s $49M theft exploited smart contract admin privileges, raising security alarms. Hackers used Tornado Cash to launder $49M in stolen…
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Bybit, Phemex Hacks Linked to Lazarus Group’s Cyber Crimes
Lazarus Group is linked to Bybit and Phemex hacks laundering $1.4B and $29M respectively. Bybit’s $1.4B loss marks the largest…
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Franklin Templeton Has Filed for Solana ETF with the SEC
Franklin Templeton wants to launch a spot Solana ETF and has filed for SEC approval. If approved, the ETF will…
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SEC Drops Coinbase Case, Ripple Ruling May Follow Soon
Garlinghouse praises SEC’s shift away from past policies, signaling crypto industry growth. Coinbase escapes penalties as SEC dismisses the case,…
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SEC Closes OpenSea Probe Without Action, Boosting NFT Market
The SEC has closed its investigation on OpenSea with no legal action, relieving traders. OpenSea plans to launch its SEA…
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Bybit Hack Exposes $1.4B ETH Theft, Linked to Lazarus Group
A hacker used malware to alter a smart contract and steal ETH from Bybit’s cold wallet. Binance and Bitget sent…
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Hong Kong Crypto Firms Seek ETF Staking Under SFC Roadmap
Hong Kong’s SFC roadmap aims to expand crypto offerings, including staking and derivatives. Major crypto firms in Hong Kong actively…
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SEC Forms Cyber Unit to Fight Crypto Fraud and Digital Scams
The SEC launches a new cyber unit to tackle fraud in crypto and digital assets. The unit will focus on…
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Brazil Embraces XRP as Braza Bank Introduces BBRL Token
Braza Bank plans to launch BBRL stablecoin to improve payments and financial stability. Brazil approved its first XRP spot ETF…
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SEC Reviews Crypto ETF Proposals, Eyes Staking in ETH ETFs
SEC reviews XRP ETF filing from Canary Capital, joining proposals from other major firms. 21Shares and Grayscale seek SEC approval…
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SEC Drops Broker-Dealer Rule Challenge: What’s Next for DeFi?
SEC withdraws appeal, ending legal battle over broker-dealer rule for DeFi protocols. Court ruling blocks SEC’s attempt to redefine “dealer”…
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Dubai Grants MANTRA a VASP License to Lead Asset Tokenization
MANTRA’s VASP license offers virtual asset services and expands in the Middle East. The company partners with firms to bring…
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