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The recent price plunge of cryptocurrencies has alarmed global authorities about the risk in some projects – like Terra’s ecosystem. In the context that regulatory overhauls targeting the industry may…
Following years of lack of regulatory clarity, the US authorities finally received a bill proposition that aims to shed some light on how the local watchdogs could oversee the cryptocurrency…
Bitcoin mining is about to become way harder for US-based miners, not because of the automatic difficulty adjustments but because of local politicians. This time, the state of Washington announced…
The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s…
The Japan Virtual and Crypto assets Exchange Association (JVCEA) – the country’s watchdog responsible for overseeing digital coin listings on local exchanges – would loosen up its screening process, according…
The New York Department of Financial Services (DFS) has released a new set of guidelines for regulated cryptocurrency firms with BitLicense, which issue U.S. dollar-backed stablecoins. Stablecoin Regulations for BitLicense…
According to CFTC Commissioner Summer Mersinger, U.S. policymakers are moving closer to putting the agency at the helm of crypto regulation. The designation would expand the CFTC’s mandate and pave…
Digital banks keep dealing with a lot of painful regulatory measures and impediments when applying for their operating permits; however, in this case, the Bitcoin Bank Custodia decided to deal…
TerraUSD and its sister token LUNA Classic’s (LUNA) dramatic collapse have pushed the South Korean policymakers to call for swift crypto regulations. Call for Draft Regulation According to a new…
The New York Department of Financial Services (NYDFS) has issued new regulatory guidance for companies that create stablecoins. NYDFS Sets Out Guidance The NYDFS’ guidance sets out three baseline requirements...