Regulations


Juridique

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1

The SFC's guidelines prohibit crypto "gifts" designed to incentivize retail investments, which likely includes airdrops, and says stablecoins should not be admitted for retail trading until they are regulated.

(Ruslan Bardash/Unsplash)

Juridique

International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto

The consultation period for the global standard-setter's first set of detailed recommendations for regulating crypto will close on July 31.

Jean-Paul Servais Chair of IOSCO (International Standards of Accounting and Reporting)

Juridique

Crypto Lender BlockFi Ordered by U.S. Court to Withdraw Communication on Unapproved Reorganization Plan

A U.S. bankruptcy court ordered the estate to issue a letter saying that statements relating to a May 13 disclosure were not authorized, and that it was not allowed to solicit support for a reorganization plan at the time.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Juridique

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test

The report is part of the Fed and MAS's ongoing joint Project Cedar/Project Ubin research.

The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.

Juridique

Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees

The New York Attorney General’s office said it reached an agreement for the trading platform to return fees to investors it overcharged and misled.

New York Attorney General Letitia James (Monica Schipper/Getty Images)

Juridique

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.

Karachi, Pakistan - Nov 14, 2021: People are seen at a weekly Sunday bazaar in Bufferzone, an area of central Karachi of Sindh province in Pakistan

Juridique

U.S. Hearing Highlights Stablecoin Rift in Competing House Bills

Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.

(Dean Hochman/Flickr)

Juridique

G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief Says

President of the global financial crimes watchdog, T. Raja Kumar, urged G-7 leaders to "effectively" implement FATF's crypto anti-money laundering norms ahead of their meeting this weekend.

g7.jpg

Juridique

U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy

A Delaware bankruptcy court judge had previously denied a motion to appoint a neutral examiner to avoid a lengthy and costly investigation that would slow the progress of the bankruptcy proceedings.

Oklahoma's new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining (Unsplash)

Juridique

UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath

The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support.

The U.K. Parliament. (Paul Silvan/Unsplash)