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Browsing Category
Regulations
Ripple seeks congressional clarity to prevent SEC crypto ‘backdoor’
Ripple Labs has urged the US Senate to revise its proposed crypto legislation, warning that the current draft introduces more confusion than clarity.The blockchain firm submitted its response on Aug. 5, addressing concerns about regulatory…
China’s iris data warning raises red flags for Worldcoin operations
China’s Ministry of State Security (MSS) has warned that a foreign crypto company is collecting iris scan data under the guise of token distribution, raising serious concerns about personal and national security.In an Aug. 5 statement, the…
SEC official warns liquid staking guidance adds confusion, raising Lehman-like risks
US Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw has criticized recent staff guidance on liquid staking, warning that it fails to reflect the practice’s complexities.On Aug. 5, the SEC’s Division of Corporation…
SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs
Fresh US Securities and Exchange Commission (SEC) staff guidance on liquid staking is stoking expectations that US regulators will soon allow staking within spot crypto exchange-traded funds (ETFs).Co-founder of The ETF Institute Nate…
SEC clarifies liquid staking tokens are receipts, not securities
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance issued new staff guidance stating that liquid staking does not automatically constitute a securities offering.According to an Aug. 5 statement, neither the…
US GENIUS Act sparks stablecoin boom with record $1.5 trillion transaction volume in July
The total on-chain stablecoin transaction volume surged to a new all-time high of $1.5 trillion in July, marking a significant milestone in the sector.According to Sentora’s (formerly IntoTheBlock) data, this figure represents a sharp…
Philippine SEC cracks down on 10 unlicensed crypto platforms
The Philippine Securities and Exchange Commission (SEC) has flagged ten prominent crypto exchanges, including OKX, Bybit, KuCoin, and Bitget, for operating in the country without the necessary approval.On Aug. 4, the SEC issued a public…
SEC takes crypto roundtables nationwide, opens with Aug. 4 stop in Berkeley
The US Securities and Exchange Commission (SEC) will expand its series of crypto roundtables and take its crypto policy outreach on the road beginning Aug. 4 in Berkeley, California.According to an Aug. 1 statement, the tour is meant to…
UK regulators ease path to retail crypto investment
The UK Financial Conduct Authority (FCA) has formally lifted its 2021 ban on crypto exchange-traded notes (cETNs) for retail investors.In an Aug. 1 announcement, the regulator confirmed that these products will now be available on…
El Salvador paves way for Nayib Bukele’s indefinite re-election
El Salvador’s legislature has approved major constitutional reforms that will significantly reshape the country’s political structure and electoral timelines.The new bill, passed on July 31 by 57 lawmakers, enables indefinite presidential…
