Regulation

US targets Huione Group in crackdown on billion crypto laundering network

US targets Huione Group in crackdown on $4 billion crypto laundering network

Leave a Comment / Huione, north korea, Regulation, Trading, US /

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia’s Huione Group from accessing the American financial system, according to a May 1 statement. If approved, the proposed rule would prohibit US financial institutions from opening or maintaining accounts for Huione Group or any of its subsidiaries. US authorities identified Huione Group as […]

US targets Huione Group in crackdown on $4 billion crypto laundering network Read More »

“Just One API”: How Kraken’s New ‘Embed’ Lets Banks Tap 0B Crypto Market Overnight

“Just One API”: How Kraken’s New ‘Embed’ Lets Banks Tap $300B Crypto Market Overnight

Leave a Comment / Crypto Regulation News, Kraken, News, Regulation /

Key Takeaways: Kraken’s Embed provides access to Kraken’s infrastructure, including liquidity and compliance support. The product reduces the need for institutions to build their crypto platforms. Embed has already launched with bunq, a European neobank, as its first public partner. Kraken announced the launch of a new crypto-as-a-service product called Embed on April 30. The

“Just One API”: How Kraken’s New ‘Embed’ Lets Banks Tap $300B Crypto Market Overnight Read More »

EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA

EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA

Leave a Comment / European Union (EU), News Bytes, News Bytes - 5, Regulation /

On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA). Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and address the

EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA Read More »

Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges

Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges

Leave a Comment / Australia & Oceania, Cryptocurrency, Regulation /

AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s AUSTRAC is taking decisive action against inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or risk forced cancellation. The agency

Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges Read More »

SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD

SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD

Leave a Comment / Legal, Regulation, Stablecoins /

The U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue enforcement action, according to the company’s latest 10-Q filing. The decision, disclosed in Q1 2025 financials, follows a November 2023 subpoena that had raised industry speculation over whether PYUSD might be treated as an unregistered

SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD Read More »

Gate Secures Key VASP License in Dubai, Eyes Regional Growth

Gate Secures Key VASP License in Dubai, Eyes Regional Growth

Leave a Comment / Regulation, United Arab Emirates /

The United Arab Emirates division of the cryptocurrency exchange Gate has secured a license from Dubai’s Virtual Assets Regulatory Authority, allowing it to offer exchange services to institutional and retail investors. Gate’s Commitment to Operating Within Legal Frameworks Gate Technology FZE, the United Arab Emirates (UAE) division of the cryptocurrency exchange Gate Group, has been

Gate Secures Key VASP License in Dubai, Eyes Regional Growth Read More »

SEC delays 5 crypto ETFs, analysts expect final rulings by October

SEC delays 5 crypto ETFs, analysts expect final rulings by October

Leave a Comment / crypto, ETF, Featured, Regulation /

The US Securities and Exchange Commission (SEC) delayed decisions on five crypto-related exchange-traded funds (ETFs) applications on April 29, a move expected by Bloomberg ETF analysts James Seyffart and Eric Balchunas. The postponements affect Franklin Templeton’s spot Solana (SOL) and XRP ETFs, Grayscale spot Hedera (HBAR) ETF, Bitwise spot Dogecoin (DOGE) ETF, and the staking

SEC delays 5 crypto ETFs, analysts expect final rulings by October Read More »

Senate to vote on GENIUS stablecoin bill before Memorial Day, Senate Majority Leader informs

Senate to vote on GENIUS stablecoin bill before Memorial Day, Senate Majority Leader informs

Leave a Comment / Regulation /

Key Takeaways The Senate will vote on key stablecoin regulation legislation before Memorial Day. The stablecoin bill has bipartisan support and passed the Senate Banking Committee. Share this article Senate Majority Leader John Thune announced behind closed doors that a vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act will take

Senate to vote on GENIUS stablecoin bill before Memorial Day, Senate Majority Leader informs Read More »

SEC pushes back decision on spot XRP ETF from Franklin Templeton

SEC pushes back decision on spot XRP ETF from Franklin Templeton

Leave a Comment / Regulation /

Key Takeaways The SEC extended the review period for Franklin Templeton’s spot XRP ETF to June 17, 2025. Various asset managers like Grayscale and Bitwise are also seeking approval for XRP-based products. Share this article The US SEC has extended the timeline for when it will rule on Franklin Templeton’s spot XRP ETF, with the

SEC pushes back decision on spot XRP ETF from Franklin Templeton Read More »

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Leave a Comment / Abu Dhabi, circle, Partnerships, Regulation, Stablecoins, Technology, uae, USDC /

Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem Read More »

Subscribe
Subscribe