South Korea has unveiled plans for a new law that will bring cryptocurrencies and other digital assets into the countryβs state asset management framework, expanding rules that have remained largely unchanged for more than seven decades. South Koreaβs Ministry ofβ¦
Sometime in the week of July 13, according to people briefed on the negotiations, Senate staff will release a unified draft of the Digital Asset Market Clarity Act, merging months of parallel work by the Banking and Agriculture Committees intoβ¦
Hyperliquid Policy Center and Phantom have urged the U.S. Commodity Futures Trading Commission to update its rulebook for onchain trading, arguing that existing regulations built for traditional financial markets do not fit decentralized infrastructure. According to a joint comment letterβ¦
The Hong Kong Securities and Futures Commission has ordered licensed crypto trading platforms and online brokers to replace SMS-based authentication with phishing-resistant login methods within the next 12 months. According to the Hong Kong Securities and Futures Commission (SFC), virtualβ¦
The Bank of Korea has reaffirmed that won-denominated stablecoins should initially be issued through bank-led consortiums, reinforcing its position as South Koreaβs digital asset legislation remains stalled. According to local reports from Digital Asset and EDaily, the Bank of Koreaβ¦
XRP has slipped below a key short-term support near $1.10, with sellers regaining control as traders lock in profits after Rippleβs latest European regulatory win and macro risk sentiment weakens across global markets. The token traded around $1.08 on Tuesdayβ¦
Kraken has secured a $22 million arbitration award against its former auditor Mazars USA, with co-CEO Arjun Sethi linking the dispute to what he described as Operation Chokepoint 2.0. According to a letter published Tuesday by Kraken co-CEO Arjun Sethi,β¦
Sheriffs and police chiefs oppose the CLARITY Act. NOBLE just endorsed it. Inside Section 604, the vote math, and the cop-vs-cop fight deciding crypto law.
South Korea has given Polymarket an opportunity to defend its operations before regulators decide whether to seek corrective action over concerns that the prediction market platform may violate the countryβs gambling laws. The Broadcasting, Media and Communications Review Committee saidβ¦
Belgiumβs financial markets regulator has added six crypto platforms to its warning list after finding they are operating in the country without the authorization required under the European Unionβs Markets in Crypto-Assets MiCA framework. According to Belgiumβs Financial Services andβ¦
Revolut has confirmed it will remove Tetherβs USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework. According to an email sent by Revolut to affected customers, the fintech companyβ¦
Europeβs securities regulator has warned that prediction market contracts offered in the European Union could already fall under existing financial rules, potentially triggering a long-standing retail ban on binary options. According to the European Securities and Markets Authority (ESMA), firmsβ¦
Brazil has approved new prudential rules that will require virtual asset service providers to meet capital, risk management, and disclosure standards from 2027. According to a local media report, Brazilβs Central Bank has approved a new set of prudential requirementsβ¦
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