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Browsing Category
Regulations
Federal Reserve relaxes crypto partnership rules for banks
The US Federal Reserve confirmed that it rescinded earlier directives concerning banks’ involvement with crypto and dollar tokens, according to an April 24 statement.One significant change involves the 2022 supervisory letter, which…
SEC delays decision on HBAR, Polkadot ETFs for additional review time
The US Securities and Exchange Commission has extended its timeline for deciding on proposed exchange-traded funds (ETFs) tied to Polkadot (DOT) and Hedera (HBAR).According to regulatory filings posted on April 24, the SEC has pushed the…
Ondo meets with SEC Crypto Task Force to discuss tokenizing US securities
Ondo Finance and legal counsel from Davis Polk & Wardwell met with the US Securities and Exchange Commission’s Crypto Task Force on April 24 to discuss regulatory pathways for tokenized versions of publicly traded US securities,…
Dubai’s VARA alerts public about fake participants in real estate tokenization initiative
The Dubai Virtual Assets Regulatory Authority (VARA) has issued a public warning about unauthorized entities falsely claiming to be part of the Dubai Land Department’s (DLD) Real Estate Tokenization Project.According to an April 23 official…
US SEC and El Salvador’s CNAD explore tokenization with cross-border trials
The US Securities and Exchange Commission (SEC) is exploring a cross-border approach to digital asset oversight through early-stage discussions with El Salvador’s National Commission of Digital Assets (CNAD).According to the meeting memo,…
Binance introduces stricter compliance measures for South African users
Binance is implementing new compliance measures for users in South Africa, effective April 30.According to an April 23 statement, the changes will require all its South African users to provide detailed information about the sender and…
Kuwait bans Bitcoin mining over energy concerns and legal violations
Kuwait’s Ministry of Interior has outlawed Bitcoin mining, citing excessive power consumption and violations of national regulations.In an April 22 statement, the government warned that crypto mining operations in the country are…
Former SEC adviser warns regulation by enforcement persists despite federal shakeup
The departure of former Securities and Exchange Commission (SEC) Chair Gary Gensler has not ended the agency’s regulation-by-enforcement approach toward the crypto industry.According to Justin Slaughter, Paradigm’s vice president of…
European Central Bank warns of ‘contagion’ stemming from Trump’s pro-crypto…
The European Central Bank has raised alarm over President Donald Trump’s pro-crypto agenda, warning that a wave of dollar-backed stablecoins could threaten financial stability across the eurozone and overwhelm the EU’s new crypto regulatory…
Paul Atkins takes over as SEC chair today aiming to usher in new pro-crypto era
Paul Atkins officially took office as the 34th US Securities and Exchange Commission (SEC) chairman on April 21.This marks a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 during the George…
