Paxos receives two in-principle approvals in Abu Dhabi
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The...
Regulation
FSB calls for global regulation of multifunction crypto firms
The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models...
The end of an era for Binance, troubles for Kraken: Law Decoded
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal. Source link
Crypto exchange Zipmex suspends trading activity in Thailand
Cryptocurrency exchange Zipmex has announced it is taking immediate action by suspending all digital asset trading in Thailand as part...
CZ challenges US gov’t attempt to restrict travel before sentencing date
Former Binance CEO Changpeng “CZ” Zhao has opposed the United States government’s efforts to block his return to the United...
Blockchain devs expect complications from EU smart contract kill switch
The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate...
UK Finance Minister proposes a sandbox initiative for crypto regulations
UK Chancellor Jeremy Hunt has revealed plans for a cryptocurrency legislative initiative. The government aims to pass legislation to officially...
Binance CEO’s downfall is ‘the end of an era’ — Charles Hoskinson
In a Nov. 22 YouTube video, Cardano founder Charles Hoskinson reflected on the news that Binance CEO Changpeng "CZ" Zhao...
Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure
Binance has named its head of regional markets outside of the U.S., Richard Teng, as its new CEO. The change...
Canadian regulator seeks feedback on crypto asset exposure disclosure requirements
Canada’s Office of the Superintendent of Financial Institutions (OSFI) has opened a consultation period on crypto asset disclosure requirements for...
Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning toward a favorable outcome for a...
Cybersecurity expert backs Sen. Warren’s crypto bill in Senate hearing
United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with a...
WisdomTree amends S-1 form spot Bitcoin ETF filing as crypto awaits SEC decisions
The global exchange-traded fund (ETF) provider WisdomTree filed an amended Form S-1 spot Bitcoin (BTC) ETF prospectus with the United States Securities and...
Failed ‘$175M’ real estate token raise draws ire of Texas regulators
The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of...
Germany’s Commerzbank obtains crypto custody licence
Commerzbank has become the first full-service bank in Germany to receive regulatory approval for a crypto custody licence. Commerzbank, among...
Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department
A fake filing published to the State of Delaware’s Division of Corporations on Nov. 13 will be referred to the...
Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations...
Indian Supreme court rejects crypto petition, highlights legislative nature
The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework...
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Proof of Stake Alliance updates recommendations for staking providers
The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity...
How to manage crypto losses on tax returns in the US, UK and Canada
Cryptocurrency taxation is a subject of increasing importance, with governments worldwide working diligently to establish clear rules for taxing digital...
US CFPB proposes supervising digital app providers, including crypto wallets
The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital...
