Tag: regulatory framework

New Hampshire House approves Bitcoin reserve bill

New Hampshire House Approves Bitcoin Reserve Bill In a bold move towards embracing the digital economy, the New Hampshire House has recently approved the groundbreaking Bitcoin reserve bill, known as HB302. This bill could potentially authorize up to 10% of the state funds to be allocated to digital assets, specifically Bitcoin. This decision marks a […]

Nigerian court postpones Binance hearing over jurisdictional challenge

Nigerian Court Delays Binance Hearing Amid Jurisdictional Challenge The recent postponement of the Binance hearing by a Nigerian court has sparked renewed interest and debate within the cryptocurrency community. The world-renowned digital asset exchange, Binance, is currently contesting the court’s approval of substituted service, citing concerns that Nigerian authorities may have circumvented essential judicial procedures […]

South Korea faces industry pushback on AI Basic Act

South Korea’s AI Basic Act: Industry Pushback Over Regulatory Concerns South Korea’s AI Basic Act is meant to pave the way for the country to become a global leader in artificial intelligence (AI) technology. However, the ambitious legislation is facing pushback from industry players who are concerned about the potential regulatory burdens it may bring […]

UK trade bodies urge government action on crypto and blockchain policies

UK Trade Bodies Push for Blockchain Envoy to Drive Crypto Innovation and Compete Globally As the world of cryptocurrency and blockchain technology continues to expand, industry leaders in the United Kingdom are advocating for decisive government action to ensure the country remains at the forefront of digital asset innovation. One of the key proposals put […]

CFTC removes crypto derivatives advisories to align with traditional finance

CFTC Removes Crypto Derivatives Advisories to Align with Traditional Finance In a significant move that signals a shift towards mainstream acceptance of cryptocurrencies, the Commodity Futures Trading Commission (CFTC) has decided to remove crypto derivatives advisories. This decision is aimed at aligning the regulatory framework for digital assets more closely with traditional financial markets, thereby […]

EU regulators seek common approach on DSA

EU Regulators Strive for Consistency in Regulating Digital Services Act Coimisiún na Meán, the leading enforcer of the Digital Services Act (DSA) in Ireland, is facing a significant challenge. The varying interpretations of the law among different EU member states have made it clear that a unified approach to regulation is crucial. As the digital […]

Wyoming stablecoin WYST set for launch by July 2025

Wyoming’s Blockchain Leadership Paves the Way for WYST Stablecoin Launch by July 2025 Wyoming, known for its progressive stance on blockchain technology and cryptocurrency, is once again making headlines in the digital currency space. Governor Mark Gordon recently announced that the state is gearing up to launch its own stablecoin, WYST, by July 2025. This […]

Singapore and Vietnam strengthen ties with digital asset agreement

Singapore and Vietnam Strengthen Ties with Digital Asset Agreement In a move that underscores the ever-increasing economic cooperation between Singapore and Vietnam, the two nations have solidified their partnership with a groundbreaking agreement focusing on digital assets. This agreement not only reflects the deepening relationship between the countries but also signifies a significant step towards […]

FERC calls for clearer rules on co-located data centres

FERC Calls for Clearer Rules on Co-Located Data Centres The Federal Energy Regulatory Commission (FERC) has recently issued a directive to PJM Interconnection, a regional transmission organization, to either update its policies or provide justification for the existing rules concerning co-located data centers. This move by FERC underscores the increasing importance of regulatory clarity in […]

Hong Kong explores new virtual asset regulations

Hong Kong’s Strategic Push to Become a Leading Digital Finance Hub Hong Kong is making significant strides in solidifying its position as a premier digital finance hub by exploring new regulations for virtual assets. As the global financial landscape continues to evolve rapidly, the region recognizes the importance of adapting to emerging trends and technologies […]

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