Regulation

Hong Kong to Approve First Stablecoin Licenses for Banks

HSBC Holdings and a joint venture led by Standard Chartered are reportedly set to become the first authorized stablecoin issuers in Hong Kong.The Hong...

Bank of England Comes Around on Stablecoins

The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue...

Democrats Promise to Oversee Reported DOJ Probe Into Binance

A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance.Senators...

US Senate Leader doesn‘t Expect Market Structure to Pass before April

US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with legislation to establish digital asset market structure...

Hester Peirce Calls For Simpler Disclosure Rules, Tokenization Experiments

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said regulators should avoid micromanaging markets and consider simplifying disclosure requirements as discussions around tokenized...

Senate Includes CBDC Ban Amendment in Housing Affordability Bill

The United States Senate voted on Thursday to include an amendment in the 21st Century Road to Housing Act that would prohibit the Federal...

Coinbase Execs Say They Aren’t Opposing BTC Tax Exemption

Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC) transactions below a certain...

Offshore Crypto Exchanges Create Oversight Gaps, FATF Says

A new report from the Financial Action Task Force (FATF) warns that crypto service providers operating offshore pose risks of money laundering, sanctions evasion...

South Korea Moves to Build AI Platform to Monitor Crypto Gains

South Korea’s tax authority is preparing to deploy artificial intelligence to track cryptocurrency investment gains as the government moves closer to implementing a long-delayed...

Utah Set to Block Prediction Markets Like Kalshi and Polymarket

The US state of Utah is set to block prediction market platforms such as Kalshi and Polymarket, escalating a growing dispute between state regulators...

Popular

South Korea to Test Deposit Tokens for Government Spending

Nine major banks will participate in the pilot, which...

Why PSPs can’t afford to delay

  How can PSPs take their...

France’s finance minister calls for more euro stablecoins, expresses Qivalis support

Europe needs more euro-issued stablecoins and banks across the...

Kraken’s parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock.

Crypto exchange Kraken's parent company has agreed to acquire...

DeFi Hacks Surge After $280M Drift Protocol Exploit

At least 12 DeFi protocols and crypto businesses have...