Regulation

South Africa to License 60 Cryptocurrency Platforms, Leading African Regulation

South Africa is poised to become one of the first countries in Africa to mandate licenses for cryptocurrency platforms, with plans to authorize about...

PancakeSwap to Launch Version 4 for Enhanced Trading Efficiency

PancakeSwap, a leading decentralized exchange (DEX), is set to introduce version 4 (v4) in the third quarter of this year, bringing substantial improvements to...

Indonesia Strengthens Crypto Industry with New Regulations

Indonesia's Financial Services Authority (OJK) is taking significant steps to bolster the cryptocurrency sector with the introduction of new regulations aimed at integrating technological...

EU Sets Draft Rules for Multi-Currency Stablecoins Under MiCA Regulation

The European Union's banking and markets regulators have unveiled a series of draft technical standards for stablecoins linked to multiple currencies or assets, marking...

ClearToken Secures $10M Investment to Launch Crypto Clearing House in the UK

ClearToken, a burgeoning cryptocurrency clearing house, has successfully secured a $10 million seed investment from a group of institutional investors, including Nomura's digital asset...

India’s SEBI Signals Move Towards Instant Settlement to Rival Crypto

India's market regulator, the Securities and Exchange Board of India (SEBI), has underscored the necessity for instant settlement in traditional markets to maintain competitiveness...

OKX Gains Approval for Major Payment Institution License in Singapore

OKX, a prominent crypto exchange, has achieved a significant regulatory milestone in Singapore, obtaining in-principle approval for a Major Payment Institution (MPI) license from...

EU Parliament Passes Sanctions Laws Affecting Crypto

In a significant move to strengthen its sanctions regime, the European Parliament has unanimously approved a new set of rules aimed at enhancing the...

Sweden’s Central Bank Chief Advocates for Minimal Bitcoin Use

The head of Sweden's central bank, Riksbank Governor Erik Thedeen, has expressed a strong stance against incorporating Bitcoin (BTC) into the country's financial ecosystem,...

President Biden’s 2025 Budget Eyes Crypto Regulations to Boost Revenue

In a move aimed at tightening regulations on digital assets, President Joe Biden has reintroduced proposals in his 2025 fiscal year budget that target...

FDIC Vice Chairman Critiques US Crypto Banking Restrictions

Travis Hill, the Federal Deposit Insurance Corp.'s Vice Chairman, has voiced concerns over the United States' regulatory stance on banks managing digital assets for...

U.K.’s FCA Removes Barriers to ETNs Resulting Crypto Markets Surge

In an unprecedented surge, Bitcoin soared past $71,000, marking its highest value ever, closely followed by Ether, which also broke the $4,000 barrier. This...