• 30 November, 2024

Tag: Regulation 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, visit CryptoTale.

News
Congressman Urges Quick Senate Action on FIT21 Before Elections

Congressman Urges Quick Senate Action on FIT21 Before Elections

In a recent interview with Bloomberg’s Balance of Power, Congressman Patrick McHenry, the current Chair of the Financial Services Committee,

Crypto Exchanges
Major Crypto Exchanges Withdraw from Hong Kong Over Regulatory Hurdles

Major Crypto Exchanges Withdraw from Hong Kong Over Regulatory Hurdles

Hong Kong’s vision of establishing itself as a global hub for virtual assets has encountered a significant roadblock. Several leading

News
Ethereum ETF Issuers To Submit First Round of S-1 Filings by Friday

Ethereum ETF Issuers To Submit First Round of S-1 Filings by Friday

The SEC has asked the Spot Ethereum ETF issuers to hand in their updated S-1 filing by Friday. At least

News
EU Parliamentary Elections Could Impact Crypto Regulations

EU Parliamentary Elections Could Impact Crypto Regulations

As the European Union gears up for its Parliamentary Elections from June 6 to June 9, 2024, the crypto industry

News
Judge Orders SEC to Pay $1.8M in Fees, Dismisses Debt Box Crypto Case

Judge Orders SEC to Pay $1.8M in Fees, Dismisses Debt Box Crypto Case

U.S. District Court Judge Robert J. Shelby has decided that the SEC must pay more than $1.75 million in attorney

Features
The Legislative Push to Overturn SEC’s SAB 121 and Unblock Bank Crypto Custody

The Legislative Push to Overturn SEC’s SAB 121 and Unblock Bank Crypto Custody

The crypto market has been tense over the past few weeks because of the U.S. legislature’s action against SEC’s controversial

News
Delaware Supreme Court Revives BitGo’s $100 Million Lawsuit Against Galaxy

Delaware Supreme Court Revives BitGo’s $100 Million Lawsuit Against Galaxy

The Delaware Supreme Court has breathed new life into BitGo’s $100 million lawsuit against Galaxy Digital. In a decisive move,

News
Supreme Court Decides Jurisdiction in Coinbase Dogecoin Sweepstakes Dispute

Supreme Court Decides Jurisdiction in Coinbase Dogecoin Sweepstakes Dispute

On May 23, 2024, the United States Supreme Court ruled that disputes involving Coinbase’s sweepstakes promotions are to be resolved

News
Binance Executive Collapses During Nigerian Money Laundering Trial

Binance Executive Collapses During Nigerian Money Laundering Trial

A Nigerian court has adjourned the money laundering trial of Tigran Gambaryan, a Binance executive after he collapsed during a

News
SEC Opens Gate for 8 Spot Ethereum ETFs; Bitcoin ETFs Dominate with 9-Day $108M Inflows

SEC Opens Gate for 8 Spot Ethereum ETFs; Bitcoin ETFs Dominate with 9-Day $108M Inflows

The approval of 19b-4 forms for eight spot Ethereum ETFs marks a significant milestone for the cryptocurrency market. The U.S.

News
SEC Chair Gary Gensler Criticizes FIT21 Act, Citing Risks to Investor Protection

SEC Chair Gary Gensler Criticizes FIT21 Act, Citing Risks to Investor Protection

On May 22, the Financial Innovation and Technology for the 21st Century Act (FIT21), led by the Republican Party was

News
Judge Declares Craig Wright Fabricated Claims of Being Bitcoin Creator

Judge Declares Craig Wright Fabricated Claims of Being Bitcoin Creator

Judge James Mellor concluded that Craig Wright’s assertions of being Bitcoin’s mysterious creator, Satoshi Nakamoto, are false. This judgement comes