UK stablecoin and staking regulation likely within six months: Report
The UK government expects the country’s stablecoin and staking legislation within six months. Economic Secretary to His Majesty’s Treasury (HMT), Bim Afolami, said this during...
Honduras regulator bans institutions from trading crypto
Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that prohibits institutions from trading crypto. The banking regulator...
Crypto.com seeks Hong Kong license amid regulatory crackdown
Crypto.com applies for Hong Kong license amid regulatory crackdown. Hong Kong SFC emphasizes swift closure for unlicensed exchanges, urging investor protection. The outcome of Crypto.com’s...
Montenegro Court of Appeal revokes Do Kwon’s extradition again
Montenegro Court revokes Do Kwon’s extradition, citing procedural violations. Former Terra CFO Han Chang-joon extradited to South Korea after Montenegro sentence. US SEC trial postponed,...
Bybit applies for a Virtual Asset Trading License in Hong Kong
Bybit applies for a VATP license in Hong Kong through Spark Fintech Limited. Hong Kong’s favourable regulatory environment contrasts with China’s crypto crackdown. Harvest Fund...
UK accelerates Digital Pound design amid privacy concerns and banking criticism
Treasury and BOE intensify efforts to explore CBDC feasibility and design options. Emphasis is on privacy and security in the CBDC design process. Discrepancies over...
SEC confirms X account hack happened after a “SIM swap”
SEC says hacker that compromised its X account used a “SIM swap” attack. The unauthorised access had seen the hacker publish a fake spot Bitcoin...
South Korea president’s office urges FSC to reconsider its spot Bitcoin ETFs stance
Will South Korea allow spot Bitcoin ETFs? The Financia Services Commission had warned brokerage firms against offering recently listed US spot Bitcoin ETFs. President’s office...
Poland to introduce crypto regulation bill in Q2: report
The new bill seeks to introduce a crypto regulatory framework that aligns with the EU’s MiCA. Poland’s Financial Supervision Authority (KNF) will supervise cryptocurrencies and...