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Regulation
New Jersey Moves Closer to Crypto License With Introduction of Senate Bill
New Jersey has inched closer to implementing its own "BitLicense."
Shanghai, Hong Kong Stock Exchanges Pause Ant Group IPO Over Regulatory Concerns
Ant Group's IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China's regulatory environment for fintech firms.
Hong Kong's Securities Watchdog May Soon Regulate All Crypto Trading Platforms
Hong Kong's government is set to change the rules for cryptocurrency firms operating within the city jurisdiction, according to remarks made Tuesday.
Cayman Islands Announces Legal Framework in Bid to Attract Crypto Businesses
The Cayman Islands is building a regulatory framework for "virtual asset service providers" with some measures already enacted.
Library of Congress Reports Surge in Crypto Law Searches
The surge comes as America's largest library rolls out a crypto regulatory guide.
Ripple Eyeing Move to London Over XRP-Friendly Stance, CEO Says
It would be "advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse.
PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer
PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”
Ex-Coinbase, BitFlyer Lawyer Joins Anderson Kill
Hailey Lennon joins a team of 10 other lawyers who practice in the space, including Stephen Palley, Preston Byrne, and Bob Cornish.
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
