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...
Regulation
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...
SEC confirms X account hack happened after “SIM swap”
SEC says hacker that compromised its X account used a “SIM swap” attack. The unauthorised access had seen the hacker...
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...
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...
Genesis to pay $8M fine, forfeit BitLicense as NYDFS settlement
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender...
Turkey’s crypto regulation is at the final stage: report
Turkey’s crypto regulation seeks to align the country’s anti-money laundering laws with the scope of the Financial Action Task Force...
Honduras’ Próspera Zone recognizes Bitcoin as an official unit of account
Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads...
Argentina’s President Milei proposes incentives for declaring crypto holdings
Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging...
South Korea to disclose top officials’ crypto holdings in 2024 as new crypto exchange launches
South Korea transforms transparency: 5,800 officials disclose assets, incl. crypto, via PETI. Pullix disrupts crypto exchange norms: PLX token presale,...
SEC asks for final changes to spot Bitcoin ETF filings: Report
The US Securities and Exchange Commission (SEC) has set December 29, 2023 as the date for final changes to spot...
Bulgaria closes investigation into Nexo citing no criminal activity
Bulgarian prosecutors have ended the criminal investigations into crypto lender Nexo. A report published on Friday said authorities had found...
Coinbase appeals SEC rulemaking petition denial as promised
Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and...
Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval
Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform. Advertisers looking to promote crypto...
SEC discussing ‘key technical details’ with spot crypto ETF applicants: Report
Officials with the United States Securities and Exchange Commission are reportedly discussing aspects of Bitcoin (BTC) exchange-traded funds, or ETFs,...
Hong Kong bans two crypto sites for misleading investors
Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked...
SEC pushes deadline to decide on Grayscale spot Ethereum ETF
The United States Securities and Exchange Commission has delayed its decision on whether to approve or disapprove of a spot...
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously...
Grayscale Bitcoin Trust aims for ETF shift to narrow discount
Grayscale, a significant player in digital asset management, has expressed enthusiasm about the potential transformation of its Grayscale Bitcoin Trust...
SEC faces sanctions threat as Judge questions DEBT Box case accuracy
United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due...
Sam Bankman-Fried will not file any post-trial motions, say lawyers
Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any...
SEC solicits comments on Fidelity’s spot Ether ETF application
The United States Securities and Exchange Commission called on the public to comment on a proposed rule change that could...
