A working group consisting of South Korea’s top exchanges reported OKX to authorities for allegedly operating locally without registration.

The debate on stablecoins is far from over. In the United States, the Treasury has recently advocated for a minimal federal regulatory framework for stablecoins. Meanwhile, in the United Kingdom, the AFME is issuing warnings regarding the regulatory proposals of the Financial Con...

Under the proposed regulations, any liquidity position exceeding $50 million on DEXs would require registration with the SEC. Decentralized exchanges have been at the forefront of the DeFi revolution. They offer users the ability to trade cryptocurrencies without the need for a c...

In the world of cryptocurrency, rules and regulations are constantly changing. Recently, South Korea's Financial Supervisory Service (FSS) Governor Lee Bok-hyun said he wants to talk to the U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler about crypto regulatio...

South Korea announced Wednesday that crypto criminals committing illicit market acts could face life imprisonment.

The post South Korea Introduces Virtual Asset User Protection Act for Enhanced Crypto Regulation appeared first on Coinpedia Fintech News South Korea has been increasingly proactive in its regulatory approach toward the cryptocurrency space. The Financial Services Commission of S...

U.S. Congress members have challenged Treasury Secretary Janet Yellen‘s call for stronger crypto regulation, pointing out the Howey Test’s shortcomings in consumer protection in a recent letter. A new letter published by US members of Congress asks for clarity on…

The Hong Kong General Chamber of Commerce urges the government to embrace Chinese yuan-linked stablecoin issuance in the upcoming budget.

The South Korean Financial Services Commission will implement the Virtual Asset User Protection Act starting July 19

B2C2 is now officially registered with Luxembourg’s financial regulator and will start providing OTC deals on the local market.

The post John Deaton Challenges Security Status of Bitcoin, Ethereum, and XRP Amid New Crypto Regulations appeared first on Coinpedia Fintech News At the fiery start of the week, the crypto space is juggling with talks of crypto risk and the urgent need to implement crypto rules....

South Korea’s Financial Services Commission (FSC) has proposed new legislation to its financial regulations that would give the watchdog more authority over the local crypto sector. The amendments, announced on […] The post South Korea FSC Proposes New Legislation Mandating Vetti...

Janet Yellen, U.S. Secretary of the Treasury, affirmed the need to regulate the cryptocurrency sector beyond securities laws on Feb. 6.

The SEC is adopting stricter compliance rules for large capital investors in Treasury Markets, but some provisions seem to impact decentralized finance users.

Republicans sent a letter to Treasury Secretary Janet Yellen looking for answers on how FSOC ascertains how crypto should be defined. 

US Treasury Secretary Janet Yellen urges lawmakers for stronger crypto regulations in her Congressional testimony.

Treasury Secretary Janet Yellen has called on Congress to swiftly enact new legislation to oversee the digital asset markets

Treasury Secretary Janet Yellen has called on Congress to swiftly enact new legislation to oversee the digital asset markets

Neutral and DLT Finance are betting on regulation as the pathway to institutional investor adoption.

A new rule requiring executives of crypto companies to get prior approval from the Financial Services Commission (FSC) is about to go into effect in South Korea, which is a big step in the direction of tighter regulation of the crypto market. South Korea intends to impose more re...

Cryptocurrencies need stability and transparency to build and maintain market confidence and growth. JPMorgan, a major global investment bank, has expressed worries about Tether's USDT stablecoin. The concern is mainly about its apparent lack of compliance with regulations and tr...

U.S. Treasury Secretary Janet Yellen, leading the Financial Stability Oversight Council, addressed lawmakers about the risks cryptocurrencies pose to the U.S. financial system and called for regulations. During the presentation to the House Financial Services Committee, Yellen de...

South Korean prosecutors announced Monday that they have arrested and detained three executives of crypto yield platform Haru Invest.

A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions. The media outlet RBC quoted Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption,...

The former developer of Terraform Labs testified that Terra executives knowingly deceived investors, according to local media.

U.S. Treasury Secretary Janet Yellen will highlight the risks associated with crypto platforms and stablecoins.

Investment firm Paradigm supported prediction market platform Kalshi in its clash with a U.S. regulator, according to a recent court filing.