Crypto Regulations

Citadel to Double Down on Crypto Trading This Year Under SEC’s New Regulatory Regime

Citadel to Double Down on Crypto Trading This Year Under SEC’s New Regulatory Regime

US market maker Citadel Securities is considering expanding into crypto trading this year, once clear SEC regulations are in place. Citadel President Jim Esposito is confident that the asset class has surpassed the “point of no return.” Speaking at a Piper Sandler conference on Thursday, he said that institutional investors are taking crypto seriously. “Crypto […]

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South Korea Elects Pro-Bitcoin President, Spot Crypto ETFs on the Way?

South Korea Elects Pro-Bitcoin President, Spot Crypto ETFs on the Way?

Lee Jae-myung took the South Korean presidential oath on Wednesday, after winning with 49.42% of the votes. The pro-crypto president made several vows, including the country’s economic renewal and recovery after the martial law crisis. Both leading presidential candidates, Lee Jae-myung (Democratic Party) and Kim Moon-soo (People’s Power Party), are in favor of pro-crypto regulations,

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Crypto Remains Illegal in Pakistan Despite State-Led Bitcoin Initiatives

Crypto Remains Illegal in Pakistan Despite State-Led Bitcoin Initiatives

Despite increasing government-backed initiatives promoting Bitcoin adoption, Pakistan’s top financial authorities the State Bank and Ministry of Finance clarified on Thursday that cryptocurrency remains banned, with all related transactions deemed illegal under existing laws. As per local media reports, during a recent meeting official meeting on Finance and Revenue, Finance Secretary Imdadullah Bosal clarified that

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This Week in Crypto Regulation: Judge Torres Blocks SEC-Ripple Deal, and Trump’s Meme Coin Dinner Sparks Outrage

This Week in Crypto Regulation: Judge Torres Blocks SEC-Ripple Deal, and Trump’s Meme Coin Dinner Sparks Outrage

If you thought crypto regulation in the U.S. was chaotic before, this past week has flung us into an entirely new era of high-stakes showdowns, political grandstanding, and judicial reality checks. From Judge Torres’ bombshell ruling in the SEC-Ripple case to Trump’s meme coin dinners and the Senate’s uneasy embrace of stablecoins, the crypto regulation

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Michigan Lawmakers Introduce Four New Bills Targeting Crypto Regulation

Michigan Lawmakers Introduce Four New Bills Targeting Crypto Regulation

Key Takeaways: Michigan introduced four new bills aimed at defining crypto policy and limiting federal control over digital assets. One bill would allow public pension funds to invest in Bitcoin through regulated exchange-traded products. Another bill proposes a state-level ban on supporting or promoting a U.S. central bank digital currency. Michigan lawmakers introduced four new

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SEC ‘Playing Regulatory Jenga’: Commissioner Crenshaw Slams Agency’s New Crypto Approach

SEC ‘Playing Regulatory Jenga’: Commissioner Crenshaw Slams Agency’s New Crypto Approach

The sole Democratic Commissioner at the US Securities and Exchange Commission (SEC), Caroline Crenshaw, recently criticized the agency’s new regulatory approach toward cryptocurrencies, warning that the watchdog is playing a “dangerous” game. Crypto Regulation’s Jenga Tower In her remarks at the SEC Speak event, SEC Commissioner Caroline Crenshaw said that the regulatory agency is undermining

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South Korea FSC Implements Strict KYC for Crypto Exchanges, Allows Selling of Crypto From June

South Korea FSC Implements Strict KYC for Crypto Exchanges, Allows Selling of Crypto From June

The South Korean Financial Services Commission (FSC) will mandate non-profit organizations and cryptocurrency exchanges to comply with a strict customer verification process from June. In an official release, the country’s top financial regulator announced that these entities will be allowed to sell digital assets under the new regulations. Non-profits are allowed to sell cryptos that

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Senate Votes 66-32 to Advance GENIUS Act, Marking Progress in Stablecoin Regulation

Senate Votes 66-32 to Advance GENIUS Act, Marking Progress in Stablecoin Regulation

The Senate made big progress on stablecoin regulation Monday, advancing the GENIUS Act with a bipartisan vote of 66-32. This bill, which would regulate stablecoins for the first time at the federal level, marks a key step toward establishing comprehensive oversight for digital currencies pegged to fiat currencies, like the US dollar. The vote to

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Failed Stablecoin Bill Gets Bipartisan Push From US Senators

Failed Stablecoin Bill Gets Bipartisan Push From US Senators

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nearly a week after failing to pass a vote in the US Senate, the crypto industry-backed stablecoin legislation is reportedly getting a bipartisan push to be revived in the upcoming days. US Senators Push For Stablecoin Bill Revival On Tuesday, news outlet

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Failed Stablecoin Bill Gets Bipartisan Push From US Senators

Senators Slam Stablecoin Bill Failure Over Partisan Politics

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On a negative development for the US crypto industry, the highly anticipated stablecoins legislation has failed to advance in the US Senate after not receiving enough support from Senate Democrats. Several Republican senators have slammed the Democratic lawmakers for putting “partisan politics

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