The International Monetary Fund (IMF) stated that although digitalizing the payment system can help people shift to more environmentally friendly payment methods and promote financial inclusion, it ca...
Tag: Regulatory
Iran Impart Association Calls For Regulatory Clarity About Crypto In Foreign Trade
Iran’s association of importers have now called for regulatory framework for cryptocurrency. This is after the Iranian government has officially used crypto to pay for the imports. In order to continu...
Iran Import Association demands regulatory clarity to use crypto in foreign trade
In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocu...
Cardano Founder Believes Tornado Cash Banning by the U.S is Setting Dangerous Regulatory Precedent
Commenting on sanctions levied on Tornado Cash by the US government, Charles Hoskinson, founder of Cardano, said it is a ‘dangerous regulatory precedent.’ To the unfamiliar, the U.S Treasury Departmen...
Vitalik Buterin Says Ripple and XRP Lost Their Right to Regulatory Protection Years Ago – Here’s What He Means
Ethereum (ETH) creator Vitalik Buterin says that Ripple and XRP lost their right to be protected by the crypto community from government overreach several years ago. Buterin tells his 4.2 million foll...
Ethereum’s Merge: How serious is the threat of ‘regulatory capture’
Security, scalability and decentralization. These are the core pillars that blockchain networks aim to build on and approve. However, striking the right balance is quite difficult, as most of the top ...
US Regulatory Agency Files Motion Demanding Probe of Celsius Network
Celsius Network is down 12.78% in the last 24 hours Celsius Price at the time of writing – $2.74 United States Trustee Program is overseen by the Department of Justice An administration named le...
Fan Token Issuing Startup Socios.com Receives Italian Regulatory License
The sports-based fan token market has surpassed $440 million in market cap since the football fans’ blockchain app Socios.com announced it has received regulatory approval from the Italian gover...
Socios.com obtains regulatory approval in Italy
Prominent fan token provider, Socios.com has obtained a regulatory license in Italy. The firm announced this development via a blog post on its official platform today. As revealed, the approval will ...
Sports Tokens Surge After Socios.com Gets Regulatory Approval in Italy
In the aftermath of the announcement, the Santos FC fan token shot up by more than 150% from its value the day prior, to a high of about $15, while chiliz, the fansite platform’s main currency, rose b...
US Regulatory Agency Files Motion Demanding Probe of Bankrupt Crypto Lender Celsius Network
A government-appointed trustee is seeking assistance while grappling with the complexities of embattled crypto lending platform Celsius Network’s (CEL) bankruptcy proceedings. In a new motion filed a ...
ECB Creating a Harmonized Regulatory Framework Governing Crypto Activities and Services – Regulation Bitcoin News
The European Central Bank (ECB) is working to harmonize the regulatory framework governing crypto activities and services in the EU. The regulator noted that several regulatory initiatives at the Euro...
We Could Shut Down ETH Staking Under Regulatory Threat
Brian Armstrong, CEO of the American crypto exchange Coinbase, responded on Thursday to a hypothesis raised on Twitter, where he said his company would shut down its Ethereum validator node if regulat...
Socios Gains Regulatory Approval In Key Market, Chiliz (CHZ) Price Jumps
Fan token platform Socios.com on Thursday said it has gained regulatory approval in Italy as a service provider of virtual currencies and digital wallets. It will enable the firm to further boost its ...
Crypto.com obtains regulatory permit in the U.K
The United Kingdom Financial Conduct Authority (FCA) has granted a regulatory permit to a popular crypto exchange, Crypto.com. The exchange also confirmed the development in its Wednesday blog post. A...
Revolut Secures Regulatory License to Offer Bitcoin Trading Services in Europe – crypto.news
Revolut has secured the necessary license that will enable it to offer Europeans access to bitcoin (BTC) trading and other digital assets-related services. The approval granted to Revolut by the Cypru...
Crypto.com Gets Regulatory Approval from the FCA in the UK
Crypto.com has received registration approval from the UK Financial Conduct Authority, also known as FCA. It will now continue its operations in the region by offering its products and services to cus...
Bitcoin Lightning Network at regulatory risk after Tornado Cash saga
Policy Advisor Patrick Hansen posted his thoughts on the regulatory risk now facing the Bitcoin Lightning Network following sanctions against crypto mixer Tornado Cash. U.S. authorities added Tornado ...
Crypto.com granted regulatory approval in the UK
Cryptocurrency platform Crypto.com has announced that it has received regulatory approval from the UK’s Financial Conduct Authority (FCA). The green light will allow the company to offer fully complia...
CryptoCom Scored Regulatory Approval From UK’s FCA
Digital asset exchange – CryptoCom – has received regulatory approval from the Financial Conduct Authority (FCA) in the United Kingdom as a crypto-asset business. On Wednesday, CryptoCom announced the...
Investors Convert $1.6B Worth Of USDC To USDT Amid US Regulatory Sanctions – crypto.news
According to reports, crypto investors have converted their USDC stablecoin worth over $1.6 billion to another stablecoin, USDT. This is due to the ripple effect of the latest US sanction on Tornado C...
Optimism fading? Regulatory discussion on stablecoins postponed until fall
Among a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when stablecoins proved themselves to be not so stable a...
Investors Dump $1.6B in USDC for USDT Amid Regulatory Clampdown
Investors moved around $1.6 billion from USDC to rival stablecoin USDT over the past month as regulators in the U.S. clamped down on cryptocurrency companies. A significant sum switched over to USDT a...
Crypto Exchange Coinify Gets Regulatory Approval to Operate in Italy
Denmark-based cryptocurrency exchange Coinify has announced that it has received regulatory approval to operate in Italy. Coinify said its registration application was approved by the Italian Financia...
Canadian regulatory council creates new preregistration filing for crypto platforms
The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistrat...
Canadian regulatory body allows Crypto.com pre-registration for operations in Canada
Today, August 15, the cryptocurrency platform Crypto.com made the announcement that it has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada. In particular,...
Revolut gets regulatory approval to offer crypto services to its 17 million European customers
After announcing plans to grow its cryptocurrency workforce with, among others, employees in Europe, challenger bank Revolut has received regulatory approval to offer crypto services to millions of it...
Crytpo.Com Gets Regulatory Approval From Cayman Islands
Singapore-based crypto exchange Crytpo.com has announced that it secured regulatory approval to operate as a virtual asset service provider (VASP) in the Cayman Islands. This also gives the crypto exc...
Top US Regulatory Agencies Seek To Mandate New Crypto Disclosure Guidelines for Private Funds
Two prominent US regulators are looking to add beefed-up crypto disclosure guidelines for private hedge funds. According to a recent press release, the US Securities and Exchange Commission (SEC), in ...
Crypto.com gets registration and regulatory approval in the Cayman Islands
The world’s fastest-growing cryptocurrency platform, Crypto.com has received registration and regulatory approval as a Virtual Asset Service Provider in the Cayman Islands. The approval from the Cayma...
Crypto.com Secures Two Important Regulatory Licenses in South Korea – crypto.news
Crypto.com has announced that it has successfully secured the Electronic Financial Transaction Act (EFTA) and Virtual Asset Service Provider (VASP), two important regulatory licenses that will enable ...