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XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike

Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move…

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Ireland Moves to Draft Urgent Legislation for Cryptocurrency Regulations Ahead of EU Deadline

Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this…

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South Korean Finance Regulators to Investigate Upbit’s Monopoly: Report

Financial Services Commission Chairman Kim Byung-hwan said he would “look into it” regarding the market domination of the country’s leading crypto exchange Upbit. In a national assembly meeting, legislator Lee…

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UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies…

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Bitcoin and Crypto Become a Critical Factor in the US Elections: Research

A new survey by ConsenSys and HarrisX reveals that nearly half of U.S. voters (49%) consider a pro-crypto stance important when choosing political candidates. Additionally, 62% are willing to cross…

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Taiwan Regulator Approves Foreign Crypto ETFs for Professional Investors

Taiwan’s Financial Supervisory Commission (FSC) has introduced a new policy allowing professional investors to invest in foreign cryptocurrency exchange-traded funds (ETFs) through local brokers. The policy restricts access to these…

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Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations

The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024.…

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