Crypto Regulations

Highlights: DMM Bitcoin is shutting down after losing $320 million in a May hack affecting over 4500 BTC. Customer assets will be transferred to SBI VC Trade in March next year following the company’s shutdown. Japan is tightening crypto regulations […]

Highlights: The Trump administration plans to expand the CFTC’s role in regulating digital assets. CFTC would gain authority over crypto spot markets, reducing the SEC’s control over the sector. Former CFTC Chair Giancarlo is a top contender for the White […]

Highlights:  The Financial Conduct Authority plans all-round crypto regulations in the UK in line with global standards. The body held a series of meetings with stakeholders including the United States Securities and Exchange Commission. Crypto adoption alongside education and awareness […]

Highlights: FSA plans to introduce a “holding order” to prevent domestic assets from leaving Japan. The development was triggered by the aftermath of FTX’s massive failure. Japan’s financial watchdog aims to protect investors through a crypto regulatory review. Japan’s Financial […]

Highlights: Elizabeth Warren defeated crypto advocate John Deaton, securing her third term in the Senate. Warren advocates for strict crypto regulations, including anti-money laundering and KYC measures. Deaton received strong support from Ripple executives and prominent crypto investors during his […]

Highlights: Russia has passed a law to regulate digital currency turnover and mining activities. The legislation allows banning mining in specific areas and regulating supporting infrastructure. Various federal agencies can now track digital currency transactions for potential illicit activities. According […]

Highlights: South Korea plans to regulate cross-border virtual asset transactions to combat misuse. Businesses must register and report international crypto transfers to the Bank of Korea. Legal revisions are expected to finish by early 2025, with new rules in Q2. […]

Highlights: US stablecoin adoption lags due to regulatory uncertainty amid global demand. Stablecoin transactions on US platforms dropped below 40% in 2024. North America accounted for $1.3 trillion in on-chain value over the past year, leading global activity. According to […]

Highlights: South Korea recognizes cryptocurrency as a marital asset in divorce proceedings. Younger South Koreans increasingly favor digital assets over traditional pension systems. New regulations aim to enhance oversight and protect investors in the cryptocurrency market. South Korea now permits […]

Highlights: Crypto.com sues the US SEC, alleging the agency overstepped its authority in regulating cryptocurrencies. The lawsuit contends the SEC unlawfully classifies most crypto assets as securities, except Bitcoin and Ether. Crypto.com seeks to halt the SEC’s actions and filed […]

Highlights: The new bill aims to create a Joint Advisory Committee between the SEC and CFTC for crypto regulations. The committee will also include 20 non-governmental members, offering guidance on digital asset policies. It will also explore blockchain technology’s potential […]

Highlights: CoinDCX launches Crypto Investors Protection Fund (CIPF) with INR 50 crore for user protection CIPF serves as insurance, and CoinDCX enhances security with multi-location storage and regular audits Following WazirX’s $230M hack, CoinDCX aims to build trust and set […]