Regulations

Regulations

City to Accept Bitcoin, Ethereum for Public Services

City to Accept Bitcoin, Ethereum for Public Services

Panama City’s council is all set to accept cryptocurrency payments for taxes, fees, tickets, and permits. The decision, announced on April 16th, marks a significant step in Panama’s integration of digital currencies into everyday public services. The city will initially accept major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), as well as stablecoins like USD […]

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US House Passes STABLE Act for Stablecoin Regulation

US House Passes STABLE Act for Stablecoin Regulation

On April 2, the US House Financial Services Committee passed the STABLE Act, which now needs to pass a full House vote and then a Senate vote in its next stages of approval into law. The Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act was passed with a 32 to 17 vote.

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BitMEX, KuCoin Among Exchanges Reportedly Facing Sanctions in S. Korea: Here’s Why

BitMEX, KuCoin Among Exchanges Reportedly Facing Sanctions in S. Korea: Here’s Why

South Korean financial authorities are considering imposing sanctions on several crypto exchanges that have failed to comply with local regulations. According to a report from local media Korea Economic Daily, the crypto exchanges include BitMEX, KuCoin, CoinW, Bitunix, and KCEX. S. Korea to Sanction Crypto Exchanges The Financial Intelligence Unit (FIU) of South Korea’s Financial

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