Regulation

China tightens grip on crypto with new foreign exchange rules

China has rolled out new regulations to identify and control risky foreign exchange activities, including those involving cryptocurrencies, the South China Morning...

FCA struggles with crypto ads as UK looks to encourage crypto compliance

The United Kingdom faces mounting challenges in regulating crypto advertising as the Financial Conduct Authority (FCA) grapples with widespread violations, the Financial...

Tether boosts Bitcoin reserves amid EU MiCA’s regulatory tension

USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data...

MoonPay approved under MiCA to operate in the EU

MoonPay, a crypto payment solutions provider, has officially received approval to operate under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according...

A16z is suing IRS over new DeFi rules

Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their new DeFi...

Bybit shut down in Malaysia over unlicensed operations

Malaysia’s Securities Commission (SC) has directed crypto exchange Bybit and its CEO Ben Zhou to cease all operations within the country.In a...

Treasury and IRS finish broker rules for DeFi, require KYC from protocols

The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to...

Japan cracks down on unregistered crypto exchanges

Japan’s Financial Services Authority (FSA) plans to strengthen internal audit processes at financial institutions, including crypto exchanges. According to a recent statement,...

SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD...
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