Binance says its become the first fully-licensed cryptocurrency exchange in El Salvador, the country that was the first to adopt Bitcoin as legal tender.
FSB starts from the definition of “global stablecoin”, which serves as a means of payment and storage and has the potential for adoption across multiple jurisdictions.
Binance said it received two licenses in El Salvador, becoming the "first fully licensed" crypto exchange in the country.
The BoE would be given a power to prevent the FCA from taking action in relation to a stablecoin provider.
Paradigm noted that the US SEC “lacks the authority to regulate secondary markets for crypto assets” as they are not securities transactions.
Ripple CLO argued that the investigation would provide clarity about former SEC Director Hinman motivations for the speech.
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal's stablecoin, PYUSD, as a key pillar for modern payments
On the CBDC logo, two arrows, included in the capital D, picture the evolution of the national currency, real, to its digital version.
China, a country known for its adoption of facial recognition technology, is taking steps to establish more defined boundaries for its usage.
Brazil's Central Bank revealed the official name of the new central bank digital currency (CBDC), also known as the digital real, DREX
The license allows the exchange to offer regulated digital payment token services to institutional and accredited investor customers, the company said.
Hong Kong's chief securities regulator has warned of steep penalties for unlicensed virtual asset providers.
ARK Invest CEO Cathie Wood said on Aug. 7 that the SEC could approve multiple Bitcoin spot ETFs at once, but will likely not do so by an upcoming deadline.
U.S. crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the country’s top tax authority.
Without naming names, Hong Kong's SFC said some firms had falsely claimed to have submitted applications for licensed crypto activities in the special administrative region.
Crypto News: Will the U.S. Securities and Exchange Commission (SEC) soon give its approval to the Ark Invest Bitcoin ETF?
House Financial Services Committee Chair Patrick T. McHenry, R-N.C., underscored the need to pass his legislation to regulate stablecoins.
Patrick McHenry, chairman of the House Financial Services Committee, on Monday issued a statement following PayPal announcement.
Worldcoin said demand for its World ID product soared during the first week of its launch despits its regulatory issues.
The SFC said that license applicants who violate relevant regulations may not be granted a license under the new crypto regime.
Crypto exchange Huobi is seeing outflows as Hong Kong media reported Saturday that Chinese police apprehended at least three execs.
The Lethbridge Police Service (LPS) in Canada is incorporating Chainalysis Reactor to combat crypto scams and assist victims in retrieving funds
