Spain’s financial watchdog, the CNMV, has taken a decisive step in enforcing its crypto asset advertising regulations, initiating disciplinary proceedings against the technology provider Miolos
Category: Regulation
SEC Counters Binance Plea, Citing Legal Misinterpretation
The Securities and Exchange Commission (SEC) has maintained its stance in a recent filing that Binance’s dismissal plea lacks legal substance. The filing on Wednesday
SEC’s Gary Gensler Targets Multiple Crypto Fraudsters
The landscape of cryptocurrency regulation is witnessing intensified oversight as Securities and Exchange Commission (SEC) Chair Gary Gensler underscores the prevalence of fraud within the
Senator Ted Budd Brings Crypto Custody Bill to Senate Floor
In response to the need for enhanced security in the cryptocurrency space, Senator Ted Budd has introduced the “Keep Your Coins Act” to the United
CFPB Targets Tech with Crypto Asset Regulation
The Consumer Financial Protection Bureau (CFPB) has unveiled a proposal to expand its regulatory reach to include major non-bank digital wallet and app providers. This
Kenyan Lawmakers Empower BAK to Advance Crypto Bill Draft
The Blockchain Association of Kenya (BAK), an East African lobby group, recently issued a statement proclaiming that the National Assembly’s Departmental Committee on Finance and
Ant Group’s Bailing Breakthrough Boosting Alibaba’s AI Realm
In an exciting development for the AI industry, Ant Group, the fintech affiliate of Alibaba, has received approval from the Chinese government to launch products
Abu Dhabi Pioneers DLT Regulation for DAOs and Web3
Abu Dhabi has officially launched its regulatory framework for Decentralised Autonomous Organisations and other digital ledger entities. Consequently, this places the emirate at the forefront
Brazil’s Committee Suggests Indicting Binance Officials
In a recent development from Brazil, a congressional committee has recommended indicting three high-ranking officials from Binance cryptocurrency exchange. These officials include CEO Changpeng Zhao,
Chase Bank Bans Crypto-Linked Payments for UK Customers
In a recent communication, Chase Bank has resolved to decline cryptocurrency-linked payments for its UK clientele. The decision, set to roll out on October 16th, was detailed
