Taiwan's Financial Supervisory Commission (FSC) has taken a step toward embracing the crypto world, allowing professional investors to access foreign crypto exchange-traded funds (ETFs) through local brokers. This move is about giving investors more options while keeping things safe. A ...
READ MORE +The UK's crypto scene is facing some serious growing pains. The Financial Conduct Authority (FCA) has revealed that a whopping 87% of crypto registration applications were rejected in the last fiscal year. Ouch! 🤕 Why the Strict Stance? The FCA has been playing gatekeeper since 2020, ensuring ...
READ MORE +BitGo has expanded its operations within Europe’s crypto market by receiving approval as a custodian under the SIX Exchange Regulation Crypto-Asset Rule. This approval means BitGo can now offer regulated custodial services in Switzerland, complying with Swiss financial regulations. BitGo is ...
READ MORE +The Financial Intelligence Unit-India (FIU-India) is gearing up to grant clearance to two more offshore crypto exchanges to resume operations in India by March next year, following its approval of Binance and KuCoin. FIU-India, responsible for anti-money laundering compliance, is currently ...
READ MORE +The Commodity Futures Trading Commission (CFTC) has fined Uniswap Labs $175,000 for allegedly facilitating illegal digital asset derivatives trading. The move has sparked debate about the impact of regulation on the decentralized finance (DeFi) sector. Regulation Through Enforcement? CFTC ...
READ MORE +Switzerland's financial watchdog, FINMA, has taken a step towards regulating the rapidly growing stablecoin market. They've released new guidelines that classify stablecoin issuers as financial intermediaries, meaning they'll be subject to stricter rules. New Rules for Stablecoin Issuers These ...
READ MORE +Stablecoins are becoming increasingly popular, and regulators are taking notice. The Swiss Financial Market Supervisory Authority (FINMA) has released new guidance for stablecoin issuers, and this could have a significant impact on the future of stablecoin regulation globally. What does FINMA's ...
READ MORE +The US presidential election is heating up, and cryptocurrency is taking center stage. Former President Donald Trump, a Republican candidate, has outlined a bold vision for the US to become a global crypto leader, with Bitcoin at the heart of his strategy. Trump's Shift Towards Bitcoin Trump's ...
READ MORE +Switzerland's financial regulator, FINMA, has expressed concerns about stablecoins, suggesting they could threaten the country's reputation as a stable and reliable financial center. FINMA's concerns stem from the potential risks associated with stablecoins, particularly those pegged to fiat ...
READ MORE +ByBit is a popular cryptocurrency exchange known for its strong trading features and user-friendly design. However, its legality in the United States is a crucial factor for American crypto traders. This guide will explore ByBit's legal situation in the US, the regulatory environment, and the ...
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