EU Workshop Gathers Support and Scrutiny for the DSA Global civil society is rallying behind the DSA’s risk-based approach as a fairer way to govern digital spaces. The Digital Services Act (DSA) has been a hot topic of discussion in recent times, with stakeholders from various sectors weighing in on its implications for the digital […]
Kazakhstan to license crypto-to-fiat exchanges
Kazakhstan to License Crypto-to-Fiat Exchanges Kazakhstan is making a significant move in the world of cryptocurrencies by announcing plans to license crypto-to-fiat exchanges. This decision comes as National Bank officials in the country have taken the initiative to regulate crypto platforms, including those dealing with stablecoins. This proactive approach showcases Kazakhstan’s willingness to adapt to […]
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 […]
US Senate blocks stablecoin regulation bill
US Senate Blocks Stablecoin Regulation Bill The recent setback in the US Senate regarding the GENIUS Act has left many in the fintech industry disappointed. The bill, which aimed to introduce much-needed regulations for stablecoins, failed to advance with 48 votes against it, showcasing the challenges of navigating legislative processes in the ever-changing landscape of […]
Ghana plans to regulate digital assets with new legislation
Ghana Plans to Regulate Digital Assets with New Legislation The financial landscape is rapidly evolving, with digital assets playing an increasingly significant role in the global economy. In line with this trend, Ghana is taking proactive steps to regulate digital assets within its borders. The Bank of Ghana, the country’s central bank, has announced its […]
El Salvador proposes a tokenised real estate sandbox to the US SEC
El Salvador’s Bold Move: Proposing a Tokenised Real Estate Sandbox to the US SEC In a groundbreaking development that could potentially revolutionize the real estate industry, El Salvador recently presented a bold proposal to the US Securities and Exchange Commission (SEC). The Central American nation outlined a pioneering sandbox initiative focused on tokenised real estate […]
Ethena Labs shuts down German subsidiary amid regulatory pressure
Ethena Labs Halts Operations in Germany in Response to Regulatory Scrutiny Ethena Labs, a prominent player in the crypto industry, recently announced the closure of its German subsidiary, Ethena GmbH. This decision comes as a response to the escalating regulatory pressure faced by crypto firms in Europe, particularly in light of the impending full implementation […]
South Korean crypto insiders criticise the stablecoin regulation bill
South Korean Crypto Insiders Criticize the Stablecoin Regulation Bill South Korea’s cryptocurrency market has been a hotbed of innovation and growth in recent years, with a particular focus on stablecoins. These digital assets, pegged to stable assets like the US dollar or gold, have gained popularity due to their ability to reduce price volatility in […]
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 […]