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South Korean Regulators, Ministries ‘At Odds Over Strategic Bitcoin Reserves’

Leave a Comment / Blockchain News, News, Regulation, South Korea / best time

South Korean regulators and government ministries are divided over whether the country should create a strategic Bitcoin reserves, a senior lawmaker has claimed. Per the South Korean media outlet News Who Plus, the Democratic Party MP Ahn Do-geol claimed that “every government agency has a different position on virtual asset reserves.” South Korean Strategic Bitcoin […]

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SEC’s Proof-of-Work Mining Statement Draws Fire From Democratic Commissioner

Leave a Comment / Proof-of-Work (PoW), Regulation, SEC / best time

The sole Democratic voice on the U.S. Securities and Exchange Commission (SEC), Caroline Crenshaw, on Thursday, took aim at the agency’s newest guidance excluding proof-of-work (PoW) crypto mining from securities regulations, denouncing it as a logically unsound and legally ambiguous move. SEC Commissioner Warns SEC’s PoW Guidance Is ‘Not Definitive’ In a written statement dated

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Australia Seeks to Position Itself as a Crypto Leader

Leave a Comment / Australia & Oceania, Regulation / best time

The Australian Treasury is working with the digital asset industry to establish clear regulations, aiming to make Australia a global leader in the sector. Spurring Innovation vs. Protecting Users The Australian Treasury has announced that it is collaborating with the digital asset industry, regulators, and the broader community to position the country as a leader

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South Korea Cracks Down on Unregistered Overseas Crypto Exchanges

Leave a Comment / Regulation, South Korea / best time

South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities are escalating their efforts to regulate the domestic cryptocurrency market by targeting overseas virtual asset exchanges that operate without proper registration. According to a local report, the Financial Intelligence Unit

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Ripple urges SEC to stick to statutes and leave new crypto rules to Congress

Leave a Comment / Regulation / best time

Key Takeaways Ripple argues that the SEC should focus on existing statutes and defer new crypto regulations to Congress. Ripple criticizes the previous SEC administration’s application of the Howey test as distorted and complex. Share this article Ripple has called on the SEC to stick to existing statutes and let Congress establish new legal frameworks

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Australia plans clear crypto laws to boost innovation and investor safety

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Australia is taking decisive steps toward establishing a clear regulatory framework for the crypto sector, according to the Treasury’s Statement on Developing an Innovative Australian Digital Asset Industry. The Treasury said the move aims to provide greater consumer protection, reduce risk, and bring much-needed clarity to the industry. Regulatory framework Under the proposed framework, certain

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US Lawmakers Urge SEC to Explain Lack of Oversight on Meme Coins Amid Rising Scam Losses

Leave a Comment / meme coin, Regulation, SEC, United States US / best time

U.S. lawmakers are demanding answers from the SEC after the agency excluded meme coins from oversight, as scams soar and President Trump and the First Lady launch their own tokens. SEC Challenged Over Meme Coin Guidance as Lawmakers Demand Transparency on Political Ties U.S. Senator Elizabeth Warren (D-MA) and U.S. Representative Jake Auchincloss (D-MA) formally

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IMF updates global standards to include crypto in balance of payments

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The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to the newly released Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced nonfinancial assets, while certain tokens are treated akin to equity holdings. The updated manual,

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US Treasury removes Tornado Cash addresses from blacklist, maintains sanctions on developer

Leave a Comment / Regulation / best time

Key Takeaways OFAC removed Tornado Cash from its sanctions list but maintained sanctions on its founder. The removal stems from a court ruling that Tornado Cash’s smart contracts aren’t ‘property.’ Share this article The US Treasury’s Office of Foreign Assets Control (OFAC) has removed Tornado Cash, the prominent crypto mixing service, from its Specially Designated

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Pakistan to Legalize Crypto, Aims to Attract Global Investment

Leave a Comment / Crypto News, Cryptocurrency, pakistan, Regulation / best time

Pakistan is set to legalize cryptocurrency and implement a regulatory framework to attract foreign investment, according to Bilal bin Saqib, the country’s newly appointed crypto advisor. With millions of Pakistanis already engaged in crypto, the government seeks to establish clear guidelines to support growth and innovation. Pakistan Moves to Regulate Cryptocurrency for Foreign Investment Pakistan

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