The rules require DeFi brokers to report overall proceeds from certain digital assets transactions they facilitate for customers. The suit also added Janet Yellen, in her official capacity as Secretary…
This new restriction adds to China’s series of regulations against cryptocurrency activities. The country views digital assets like bitcoin (BTC) as a potential threat to the nation’s financial stability. Since…
by Jude Ayua and Senator Ihenyen
The European Union (EU)’s Markets in Crypto Assets (MiCA) Regulation entered into force on 30 December 2024. MiCA is the first European regulation governing the cryptocurrency…
by Jude Ayua
The US Internal Revenue Service (IRS) has introduced 2024 regulations applicable to brokers that provide services to enable special digital asset sales and exchanges. Approved 5 December and…
If the details of IMF’s reforms are anything to go by, bitcoin (BTC) would have been robbed of its legal tender status in El Salvador. However, BTC will remain a…
The licensing showcases Hong Kong’s friendly approach to digital assets regulation, compared with mainland China’s restrictive approach. Hong Kong has also been proactive, as Eric Yip, SFC’s Executive Director of…
The DSS opened for applications in September 2024. Among the first applicants, ClearToken CSD Limited and Montis Digital UK Limited passed the first stage (Gate 1) in mid-December.
At the meeting, Dr. Agama emphasized the importance of consultation, transparency, and integrity in the regulatory process, acknowledging concerns about communication and the need for stakeholder input in regulation-making. He…
he meeting between Marszalek and Trump, which focused primarily on crafting a clearer regulatory framework for the US crypto industry, invariably yielded positive results. Discussions reportedly centered on Trump’s pro-crypto…
he regulations will limit public offers of crypto assets to authorized crypto platforms. Following the publication of its Discussion Paper on the proposed regulations, the FCA issued a statement on…