Regulation

SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules

US Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated that Bitcoin is not classified as a security, providing a critical clarification...

South Korea levies $860K fine on Worldcoin for compliance failures related to data collection

South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools...

UAE introduces strict crypto marketing guidelines to curb risks

Dubai’s Virtual Assets Regulatory Authority (VARA) announced updated marketing guidelines for firms promoting virtual assets, marking a significant step toward strengthening investor...

Circle aims to own crypto compliance space while Tether questions ‘price’ of current regulation

Circle has launched Compliance Engine, a tool designed to help businesses meet regulatory requirements through customizable, automated compliance checks. The feature is...

Gensler ignored digital assets in Congressional testimony before 4 hour grilling on crypto

SEC Chair Gary Gensler faced criticism during yesterday’s congressional hearing over the agency’s approach to regulating cryptocurrencies despite omitting any mention of...

SEC charges and settles with TrueCoin, TrustToken over fraudulent TrueUSD claims

The US Securities and Exchange Commission (SEC) has charged TrueCoin and TrustToken with fraudulent and unregistered sales of investment contracts involving the...

Lawmakers call for stablecoin regulation, criticize SEC’s enforcement approach

Congresswoman Maxine Waters, the leading Democrat on the House Financial Services Committee, called for a bipartisan agreement on stablecoins by the close of...

Australia moves to license crypto firms to bolster market security

The Australian Securities and Investments Commission (ASIC) is set to implement a licensing regime for crypto service providers in the country, the Australian...

Swiss crypto bank Sygnum secures license in Liechtenstein for EU expansion

Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary.According to a Sept....
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