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Regulations
EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators
Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.
UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission
The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.
Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada's Financial Institutions Division previously indicated that Prime Trust had a massive deficit on its books.
Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
The judge had already denied some of the motions.
EU Seals Deal on Crypto Bank-Capital Rules
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
Leading House Democrat Solicits Feedback From Gensler and Yellen on Crypto Bill
The bill would provide guidelines for U.S.-based crypto exchanges to register with regulators.
U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
The exchange had complained that regulators made “misleading” public statements about the Binance’s handling of customer funds.
Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.
Bybit Gains Crypto License in Cyprus
The Dubai-based crypto exchange strengthens its foothold in the European Union after its exit from Canada and the U.K.
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
Token issuers in the country were taxed for unrealized gains from holding on their own tokens.
