Gary Gensler will be replaced as chair of the SEC by crypto lawyer Mark Uyeda

Jan 21, 2025

Gary Gensler will be replaced as chair of the SEC by crypto lawyer Mark Uyeda

Uyeda has been a consistent advocate of creating a clear regulatory framework for the crypto industry to foster its growth

South Korea will present a new bill on crypto regulation in the second half of the year

Jan 15, 2025

South Korea will present a new bill on crypto regulation in the second half of the year

Officials intend to add rules for issuers of stablecoins to the document

Broker Robinhood will pay a $45 million fine for numerous violations of the US Securities Act

Jan 14, 2025

Broker Robinhood will pay a $45 million fine for numerous violations of the US Securities Act

The company violated more than a dozen provisions of the document, including those related to the secure storage of client data

Dubai’s regulator approves the issuance of a crypto license to HashKey Group

Jan 13, 2025

Dubai’s regulator approves the issuance of a crypto license to HashKey Group

It launched HashKey MENA FZE to operate in the local market

Singapore overtakes Hong Kong in the number of issued cryptocurrency licenses

Dec 24, 2024

Singapore overtakes Hong Kong in the number of issued cryptocurrency licenses

Experts interviewed by Bloomberg note that Singapore has a more favorable regulatory environment compared to Hong Kong

German regulator takes tough action against Worldcoin over biometric data

Dec 20, 2024

German regulator takes tough action against Worldcoin over biometric data

The Bavarian data regulator has ordered Worldcoin to develop a GDPR-compliant data deletion protocol by the end of January

Hong Kong to speed up licensing of crypto exchanges

Dec 11, 2024

Hong Kong to speed up licensing of crypto exchanges

To this end, the securities and futures regulator will promptly form an advisory panel

GRVT receives a license in Bermuda and becomes the first regulated decentralized exchange

Dec 9, 2024

GRVT receives a license in Bermuda and becomes the first regulated decentralized exchange

The platform will launch after meeting the preconditions of the local exchange authority

Czech authorities have adopted a law on crypto regulation and appointed the central bank as the main supervisory body

Dec 9, 2024

Czech authorities have adopted a law on crypto regulation and appointed the central bank as the main supervisory body

A clear regulatory framework is designed to provide a comfortable environment for crypto firms and attract long-term investors

Czech authorities have approved the abolition of income tax for profits from the sale of cryptocurrencies

Dec 6, 2024

Czech authorities have approved the abolition of income tax for profits from the sale of cryptocurrencies

The amendment was unanimously approved by the lower house of Parliament and sent to the Senate for consideration

Bybit will stop servicing clients in Uzbekistan from December 6

Dec 5, 2024

Bybit will stop servicing clients in Uzbekistan from December 6

By early January, all open positions and loans of local users will be closed and repaid automatically

EAG member states have reported the growing popularity of cryptocurrencies for the legalization of criminal proceeds

Nov 29, 2024

EAG member states have reported the growing popularity of cryptocurrencies for the legalization of criminal proceeds

Following monitoring, the group reported that money laundering is taking place in multi-layered schemes involving drops