Coinbase Secures MiCA Approval in EU: A Game-Changer for Digital Finance Luxembourg is making waves in the world of digital finance as Coinbase, the leading cryptocurrency exchange platform in the United States, gains full recognition under the Markets in Crypto-Assets (MiCA) regulation in the European Union. This milestone marks a significant step forward for Coinbase, […]
Coinbase and Gemini spark EU rift over crypto approvals
Coinbase and Gemini Spark EU Rift Over Crypto Approvals In the ever-evolving landscape of cryptocurrency regulations, the recent actions taken by Malta and Luxembourg have caused quite a stir within the European Union. These countries have been known for their rapid approval of crypto licenses, particularly for major players like Coinbase and Gemini. While this […]
New SEC chief promises clear crypto rules
New SEC Chief Promises Clear Crypto Rules Outdated rules and legal uncertainty have stifled innovation in the crypto space, leaving many investors and companies in a state of limbo. However, there seems to be a glimmer of hope on the horizon as the new Securities and Exchange Commission (SEC) chief, Gary Gensler, steps up to […]
Crypto.com gains EU approval for crypto derivatives
Crypto.com Secures EU Approval for Crypto Derivatives In a significant move for the cryptocurrency industry, Crypto.com has successfully acquired Cyprus-based A.N. Allnew Investments to gain regulatory approval for offering crypto derivatives within the European Union. This strategic acquisition not only marks a milestone for Crypto.com but also opens up new avenues for the company to […]
Hong Kong approves stablecoin licensing law
Hong Kong Approves Stablecoin Licensing Law The world of cryptocurrency is constantly evolving, and Hong Kong is taking a significant step forward by approving a stablecoin licensing law. This new legislation sets standards for reserve management and investor protection in the stablecoin market, ensuring a more secure and regulated environment for digital asset transactions. Stablecoins […]
Democrats shift stance on GENIUS Act
Democrats Shift Stance on GENIUS Act: Senate Advances Bipartisan Deal on Stablecoin Rules In a surprising turn of events, Democrats in the Senate have shifted their stance on the GENIUS Act, leading to the advancement of the bill after reaching a bipartisan deal on new stablecoin rules. This move marks a significant shift in the […]
SEC plans fresh rules for crypto securities
SEC Plans Fresh Rules for Crypto Securities The Securities and Exchange Commission (SEC) is gearing up to implement new regulations for crypto securities in response to what Chair Gary Gensler has deemed a regulatory failure. Currently, only four crypto issuers have registered with the SEC, highlighting a significant gap in oversight and investor protection within […]
SEC official says crypto ETF process was mishandled
Missed Opportunities: SEC Official Criticizes Mishandling of Crypto ETF Approval Process SEC Commissioner Hester Peirce recently voiced her concerns over the mishandling of the approval process for Bitcoin exchange-traded funds (ETFs). Peirce, known for her support of innovation in the financial sector, criticized the Securities and Exchange Commission for the prolonged delays in greenlighting crypto […]
SEC hears proposal on tokenised securities from Ondo Finance
Tokenised Securities: Ondo Finance Proposal Under Review by SEC The world of finance is constantly evolving, with new technologies and innovations reshaping the way we think about investments and assets. One such innovation that has been making waves in recent years is tokenised securities. These digital assets represent ownership in real-world assets such as stocks, […]
SEC targets crypto executive in $198 million Ponzi case
SEC Targets Crypto Executive in $198 Million Ponzi Case The world of cryptocurrencies has been a hotbed of innovation and opportunity, but it is not without its pitfalls. Recently, the SEC set its sights on a prominent crypto executive in a staggering $198 million Ponzi case. PGI Global, a company that promised lucrative returns on […]