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Regulation
The Solution for Stablecoin Regulation
Senators Cynthia Lummis and Kirsten Gillibrand are proposing legislation to address the inadequacies in the stablecoin sector, and foster financial innovation in the United States. "The possibilities for using stablecoins are numerous," they write.
Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules
The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is looking to U.S. lawmakers to provide guidance, while Tether is taking a hands-on approach to tackling fraud and money laundering.
BTC, ETH Rise as Hong Kong Bitcoin ETF Applicants Say They've Been Approved
The Securities and Futures Commission, Hong Kong's markets regulator, has not made an official announcement.
Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan
There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said.
New Zealand Crypto Policy Should Support Industry, Minister for Commerce Says
The country's "wait and see" approach to regulating crypto could risk New Zealand missing out on the benefits of industry developments, a government inquiry found.
Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election
Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crack down on illicit crypto financing.
OneCoin Compliance Chief Sentenced to 4 Years in Prison for Role in $4B Ponzi Scheme
Bulgarian national Irina Dilkinska pleaded guilty to wire fraud and money laundering charges in 2023.
The SEC’s Shot Across the Bow on 'AI Washing'
The agency is right to go after fraudsters seeking to take advantage of investor enthusiasm in novel tech like machine learning and crypto, CryptoWhistleBlower founder Daren Firestone writes.
OKX’s Global Compliance Chief Left After Six Months
Patrick Donegan, whose LinkedIn profile says he managed a team of 300 people around the world, was at OKX from August 2023 to January 2024.
Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal
The initiative is aimed at combating fraud and will kick in at the start of next year.
