Tag Archives: Regulatory

The SEC’s case against Binance centers on its claim that BUSD was sold as an investment contract, primarily because Binance marketed it as offering yield through reward programs. In a recent development, renowned stablecoin issuer Circle has intervened in the US Securities and Exchange Commission’s (SEC) case against Binance, arguing …

In response to the initial rejection, Microsoft has introduced a new proposal that both companies have mutually accepted. The terms of this agreement have been adjusted to align with the stipulations of the UK Competition and Markets Authority. Microsoft has submitted a revised agreement to the UK Competition and Markets …

With the approval, Coinbase has become the first native crypto company to provide both derivatives and spot trading services directly to customers.  Leading American crypto exchange Coinbase has received regulatory approval to offer eligible customers in the United States the opportunity to trade Bitcoin (BTC) and Ethereum (ETH) futures contracts. …

MAS said that only stablecoin issuers meeting the requirements of the newly introduced guidelines would only be considered for regulation.  Singapore, a global financial hub known for its innovative approach to technology and finance, has taken a decisive step in shaping the future of stablecoins within its jurisdiction. The Monetary …

Binance is expanding its presence in Asia. The reports about its potential entrance into Taiwan come after the company re-entered the Japanese market last year. Leading global cryptocurrency exchange Binance is seeking a regulatory license in Taiwan to enable the company to offer crypto services in the country. According to a …

The former Chief of the US Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed Stark, stated an ongoing “unprecedented financial regulatory onslaught” against the US crypto space.  On August 10, Stark took to social media platform X making these claims based on the crypto-related policies set by …

The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. On July 13, the United States judicial system through a ruling by District Judge Analisa Torres declared XRP exchanges’ sales as non-security. However, the ruling also tied the XRP institutional sales …

From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies. UK-based fintech Revolut has announced it is terminating all crypto services in the United States. Revolut has decided to abandon crypto in the US because of the regulatory …

Binance Smart Chain (BNB) has seen significant growth in its daily active addresses and transactions in the second quarter of 2023, according to a report by blockchain analytics firm Messari.  The increase in activity was primarily driven by LayerZero, a cross-chain messaging protocol that enables lightweight and efficient communication between …

Robinhood may soon be ready to launch a UK business as it recruits a CEO and publishes vacancies for other roles. American financial services and trading firm Robinhood Markets Inc (NASDAQ: HOOD) is seriously working on plans to launch in the United Kingdom. Robinhood has begun hiring for the UK arm and …

The cryptocurrency industry has undoubtedly witnessed tremendous growth and innovation since its inception, attracting millions of users and billions of dollars in investment. However, as the industry evolves, it faces increased scrutiny from regulators worldwide. For this reason, Binance, the world’s leading crypto exchange, has taken significant steps to establish …

This is an opinion editorial by Byron Donalds, the U.S. representative for Florida’s 19th congressional district, and Perianne Boring, founder and CEO of the Chamber Of Digital Commerce. There are many reasons that businesses relocate to Florida, the welcoming regulatory and tax environments and the skilled and ready workforce among …