Regulation

India’s Supreme Court Calls for Crypto Regulations

The Supreme Court of India criticized the Union government on July 27 over its failure to implement clear regulations for cryptocurrencies, as reported by...

Grayscale Advocates for Simultaneous Approval of Bitcoin ETF Proposals

Grayscale, a renowned cryptocurrency fund manager, has urged the U.S. Securities and Exchange Commission (SEC) to give simultaneous approval to all proposed spot Bitcoin...

SEC Deems Major Firms’ Bitcoin ETF Filings Inadequate

The US Securities and Exchange Commission (SEC) has reportedly communicated to Nasdaq and Cboe that recent filings for spot Bitcoin ETFs are not up...

IMF Encourages Cryptocurrency Regulation, Warns Against Outright Ban

The International Monetary Fund (IMF) has reinforced its appeal for cryptocurrency regulation in several countries, suggesting that an outright ban might not be the...

Congressman Proposes Legislation to Dismiss Chair Gary Gensler

In a recent development in the U.S. Congress, Representative Warren Davidson, a noted advocate of cryptocurrencies, proposed a bill aiming for an overhaul of...

New York Legislation Proposes Acceptance of Stablecoins for Bail Payments

New York has proposed a law that could significantly alter the digital asset landscape in the United States. Assembly Bill number 7024 aims to...

SEC Campaign to Regulate Cryptocurrencies

The Securities and Exchange Commission (SEC) has been pushing to regulate cryptocurrencies since 2017, claiming it has the authority to oversee many digital coins...

Hong Kong Set to Launch Crypto Exchange Licensing Guidelines in May 2023

Hong Kong's ambition to become a crypto hub is on the verge of being realized as the Securities Futures Commission (SFC) of the region...

US Draft Bill Proposes Federal Reserve as Stablecoin Regulator

A recent draft bill outlining a regulatory framework for stablecoins in the United States has been published on the House of Representatives' document repository,...

UK Taxpayers Required to Report Crypto Holdings Separately on Tax Forms

The UK government has announced that taxpayers will need to separately report their cryptocurrency holdings on their tax returns, a move that is expected...

India Tightens Crypto Regulations to Curb Money Laundering

The Indian government has notified crypto companies to comply with the Prevention of Money Laundering Act (PMLA) of 2002. The Gazette of India published...

G20: IMF, FSB, and BIS to Establish Global Crypto Regulatory Framework

The G20, consisting of the 20 largest economies in the world, has announced that it will establish a global crypto regulatory framework. The Financial...