Tag: Cryptocurrencies
SEC Reverses Course, Withdraws Gensler’s DeFi and Custody Rules
Reading time: < 1 minuteThe SEC has officially withdrawn two major crypto-related proposals from the Gensler era, signaling a potential regulatory pivot.
Senate Nears Stablecoin Regulation Decision with June 17 GENIUS Act Vote
Reading time: < 1 minuteThe US Senate will take a critical step toward stablecoin regulation next Tuesday, June 17, with a final vote on the GENIUS Act.
Bitcoin Leads Crypto Fund Boom as Hedge Against Market Risks
Reading time: < 1 minuteBitcoin’s resurgence is fueling record inflows into crypto funds, with assets hitting $167 billion in May.
Bipartisan Support Pushes Crypto CLARITY Act Toward House Vote
Reading time: < 1 minuteThe Digital Asset Market Clarity (CLARITY) Act has gained momentum in Congress after securing approval from two House committees with strong bipartisan margins.
SEC Begins Crafting Crypto-Specific Exemption Framework
Reading time: < 1 minuteSEC leadership has initiated work on a conditional exemption program for blockchain-based financial products, Chair Paul Atkins announced.
Hong Kong Expands Crypto Ecosystem with Caution: Derivatives Next
Reading time: < 1 minuteHong Kong regulators are preparing to authorize digital asset derivatives trading – but exclusively for professional investors and with stringent safeguards.
California Could Soon Accept Crypto Payments After Assembly Vote
Reading time: < 1 minuteCalifornia is one step closer to allowing cryptocurrency payments for state services after the Assembly passed AB 1180 in a 68-0 vote.
South Korea Elects Pro-Bitcoin President in High-Stakes Snap Election
Reading time: < 1 minuteLee Jae-myung’s victory in South Korea’s snap presidential election marks a pivotal shift toward crypto adoption.
New AUSTRAC Rules Target Crypto ATMs, Exchanges May Follow
Reading time: < 1 minuteAustralia’s financial watchdog has rolled out fresh regulations for crypto ATMs, setting a $5,000 AUD transaction limit and stricter fraud controls.
Singapore Crypto Firms Forced to Choose: Exit Overseas Markets or Get Licensed by June 30
Reading time: < 1 minuteSingapore’s crypto industry faces a major shakeup as the Monetary Authority of Singapore (MAS) demands local digital token service providers (DTSPs) cease foreign operations by June 30.
