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UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards

A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial…

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SEC Charges Cumberland DRW for Unregistered $2 Billion Crypto Securities Dealings

The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as…

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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive…

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UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and…

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Makerdao Co-Founder Rune Christensen: Defi Frontends Might Need Licenses to Operate in Europe

Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said…

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‘Near impossible to know’ what is and isn’t a security: Mark Cuban on SEC

The billionaire is the latest to argue that the United States Securities and Exchange Commission hasn’t provided crypto firms with a registration process to follow.

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Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for…

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Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market…

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