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Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill seeks regulatory clarity to the digital assets industry, including on self-custody, payments and taxation. Pennsylvania has passed “The Bitcoin Rights Bill”, a new legislation that seeks regulatory clarity to the crypto industry. While the US […]
CFTC’s subcommittee recommends using DLT-based collateral in trading. Approval could broaden access to digital assets for smaller market participants. Strong ETF inflows signal growing institutional interest in digital assets. In a significant development for the digital assets market, the US Commodity Futures Trading Commission (CFTC) is reportedly considering a proposal that would enable the use […]
Olumide Osunkoya pleaded guilty to FCA charges of illegal offer and use of cryptocurrency automated teller machines (ATMs). The 45-year old Osunkuya will be sentenced at a later date. Olumide Osunkoya has pleaded guilty to several charges involving the illegal operation of cryptocurrency automated teller machines in the UK. Osunkuya, 45, pleaded guilty when he […]
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase, push back against expanding regulatory scope. In recent statements, SEC Chairman Gary Gensler has firmly reiterated that Bitcoin is classified as a non-security under existing […]
60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation. Presidential veto possible. In a landmark decision, the US Senate has voted to overturn a key Securities and Exchange Commission (SEC) rule that barred regulated financial firms from holding Bitcoin and other cryptocurrencies. The […]
The US Securities and Exchange Commission (SEC) has been sued in Texas for “unlawful targeting” digital asset businesses. The lawsuit was filed in the United States District Court for the Northern District of Texas on Wednesday by crypto startup LEJILEX and Crypto Freedom Alliance of Texas LEJILEX is filing the lawsuit ahead of its plans […]
The UK government expects the country’s stablecoin and staking legislation within six months. Economic Secretary to His Majesty’s Treasury (HMT), Bim Afolami, said this during an event hosted by Coinbase in London. The UK government expects new regulations on stablecoins and staking services to roll out in the country within the next six months, Economic […]
Bitpanda ceases operations for Dutch residents. The exchange has cited regulatory compliance concerns for the exit. The decision aligns with the exchange’s commitment to cooperate with local regulators in the Netherlands. Bitpanda, a leading cryptocurrency exchange platform, has announced its decision to cease operations for Dutch residents due to regulatory compliance issues in the Netherlands. […]
Thailand lifts restrictions on real estate-backed tokens for retails: Should you buy Everlodge? This project aims at disrupting the vacation property space. $EGLD’s presale continues to attract attention from traders. In latest crypto news, Thailand’s Securities and Exchange Commission (SEC) has updated its regulatory restrictions on retail participation in real estate-backed tokens. The development could […]
Crypto exchange Gemini is now registered as a cryptocurrency services provider in France. The exchange will offer its services and products to customers in France in coming weeks. Coinbase also recently received a VASP license from the French regulator. On January 17, the US-based crypto exchange co-founded by the Winklevoss twins Cameron and Tyler, announced […]