Crypto Regulations

New York AG Urges Congress to Create Robust Crypto Regulatory Framework to Prevent Fraud

New York AG Urges Congress to Create Robust Crypto Regulatory Framework to Prevent Fraud

Letitia James, New York Attorney General (NY AG), has sent a letter to U.S. congressional leaders, urging them to “create common sense federal regulation for digital assets.” She flagged the “unique risks” posed by cryptos, calling for a change in order to “serve America’s national interests.” “We write to identify various of these risks and […]

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Block Inc. Settles with New York Regulators for M Over Cash App Compliance Violations

Block Inc. Settles with New York Regulators for $40M Over Cash App Compliance Violations

Digital payments company Block Inc. has agreed to a $40 million settlement with the New York Department of Financial Services (NYDFS) following allegations of compliance failures tied to its popular Cash App platform, according to a report from Bloomberg on April 10. The settlement stems from a NYDFS investigation into the app’s anti-money laundering (AML)

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18% Income Tax On Gains

18% Income Tax On Gains

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ukraine’s National Securities and Stock Market Commission (NSSMC) unveiled its virtual asset taxation matrix to advance the government’s efforts to legalize cryptocurrencies in the coming months. Ukrainian Regulator Develops Crypto Taxation Matrix Ruslan Magomedov, Chairman of the NSSMC, revealed the long-awaited regulator’s

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Hong Kong Issues New Crypto Rules Allowing Staking Services

Hong Kong Issues New Crypto Rules Allowing Staking Services

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hong Kong’s Securities and Futures Commission (SFC) has issued guidelines to allow crypto platforms and funds in the jurisdiction to offer staking services. The new rules are part of the regulator’s roadmap to develop Hong Kong’s digital assets ecosystem. Hong Kong Allows

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Pakistan Taps Changpeng Zhao to Help Shape National Crypto Strategy

Pakistan Taps Changpeng Zhao to Help Shape National Crypto Strategy

Pakistan has appointed Binance co-founder Changpeng Zhao as a strategic advisor to its Crypto Council, in a move that signals Islamabad’s growing interest in integrating digital assets into its financial system. Zhao, better known as “CZ” in the crypto world, will guide the council on key areas including regulation, infrastructure, education and adoption, according to

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Weekly Crypto Regulation News Roundup: Lawmakers Question if Trump Influences SEC, Fed’s CBDC Bill Blocked

Weekly Crypto Regulation News Roundup: Lawmakers Question if Trump Influences SEC, Fed’s CBDC Bill Blocked

This week saw heightened activity in crypto regulation news as political tensions escalated and lawmakers renewed their focus on digital asset policy. Regulatory developments moved quickly across the digital asset space, with several key actions and proposals reshaping the conversation. Lawmakers Demand SEC Probe Potential Trump Influence in Crypto Enforcement One of this week’s most

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SEC And Gemini Request 60-Day Pause In Crypto Lawsuit

SEC And Gemini Request 60-Day Pause In Crypto Lawsuit

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) and Gemini have requested a pause on the watchdog’s lawsuit against the crypto exchange over its Earn program. This move follows the regulator’s efforts to resolve most major crypto litigations outside of the Court. SEC

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House Financial Services Committee Advances Stablecoin Regulation Bill

House Financial Services Committee Advances Stablecoin Regulation Bill

The U.S. House Financial Services Committee has approved the advancement of a stablecoin bill that seeks to establish clearer regulations for the sector. Known as the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, or the STABLE Act, the legislation passed out of committee on Wednesday with 32 votes in favor and 17

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UK Trade Associations Urge Special Crypto Envoy Appointment and Action Plan

UK Trade Associations Urge Special Crypto Envoy Appointment and Action Plan

A coalition of leading UK trade associations has called on Prime Minister Keir Starmer’s government to appoint a special envoy for crypto and develop a comprehensive action plan to support the digital assets and blockchain sector. In a recent letter addressed to Varun Chandra, Starmer’s special adviser on business and investment, six UK digital economy

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California Adds Bitcoin Rights To Amended Digital Asset Bill

California Adds Bitcoin Rights To Amended Digital Asset Bill

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Californian lawmaker has added Bitcoin (BTC) and crypto rights to the amended Assembly Bill 1052 (AB1052) to recognize digital assets as a payment method, secure self-custody, and protect investors. California Adds Bitcoin Rights To Digital Asset Bill California’s Banking and Finance

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