Regulation

House Republicans release draft bill to establish federal framework for crypto regulation

The House Financial Services and Agriculture Committee leaders published a discussion draft outlining a federal crypto framework to regulate the industry in the...

Worldcoin faces regulatory setback in Indonesia over compliance issues

Indonesia’s Ministry of Communication and Digital has temporarily suspended World (formerly Worldcoin) and its digital identity platform, World ID, citing registration issues and...

U.S. stablecoin regulation could be delayed as pro-crypto Democrats pull support

A group of nine Democratic Senators announced that they will withdraw their support for the landmark U.S. stablecoin legislation unless changes are made...

Hong Kong’s web3 moment: Blink and you’ll miss it

The following is a guest post and opinion from Sandy Peng, Co-Founder of Scroll. Over 1,000 FinTech companies and nearly 5,000 startups now call...

FCA aims to curb risky crypto lending and credit purchases to protect UK investors

The Financial Conduct Authority (FCA) is preparing to introduce stricter regulations for the UK’s crypto sector as it looks to reduce risks for...

Senate looks to push through GENIUS stablecoin bill before end of May

Senate Republicans have accelerated efforts to bring the first comprehensive federal stablecoin legislation, the GENIUS stablecoin bill, to a floor vote before the...

US targets Huione Group in crackdown on $4 billion crypto laundering network

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia’s Huione Group from accessing the American financial system, according to a...

Solana Policy Institute, Superstate, and Orca seek SEC approval for securities trading on public blockchains

A coalition led by the Solana Policy Institute, decentralized exchange Orca, and registered investment adviser Superstate has filed a request with the US...

SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD

The U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue enforcement action, according...
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