Tag: Cryptocurrency Regulation
El Salvador’s Bitcoin Law Faces Changes in New IMF Deal
El Salvador's Bitcoin Law Faces Changes in New IMF DealEl Salvador is set to make changes to its groundbreaking Bitcoin law as part of...
Risks of Stablecoins: FSOC Urges Legislative Action for Enhanced Oversight
The Financial Stability Oversight Council (FSOC) has sounded the alarm on the potential risks posed by stablecoins, urging immediate legislative action to bolster oversight...
Circle’s USDC Becomes First Regulated Stablecoin in Canada
Circle's USDC Becomes First Regulated Stablecoin in CanadaIn a groundbreaking move, stablecoin issuer Circle has announced that its $40 billion USDC stablecoin has become...
Dispelling Rumors: South Korean Watchdog Clarifies Corporate Crypto Plans
South Korean Watchdog Clarifies Corporate Crypto PlansSouth Korea's Financial Services Commission (FSC) has put an end to the swirling rumors surrounding the issuance of...
Meta’s Stablecoin Project Criticized as ‘Political Kill’ by Former Diem Co-Founder
Meta's Stablecoin Project Faces Political BacklashIn a shocking revelation, former Diem co-founder David Marcus has labeled Meta's stablecoin project as a 'political kill'. The...
Indian Central Bank Takes Cautious Approach to CBDC Implementation
The Reserve Bank of India (RBI) is taking a cautious approach to the nationwide rollout of its Central Bank Digital Currency (CBDC), known as...
SEC Investigates Immutable X for Potential Violations – What You Need to Know
Immutable X, a web3 gaming firm, recently made a statement regarding a notice it received from the U.S. Securities and Exchange Commission (SEC) related...
The Impact of US Government Regulation on Tether: Insights from Paolo Ardoino
As crypto giant Tether faces increased scrutiny, CEO Paolo Ardoino shared with CoinDesk that the company is committed to complying with international sanctions and...
Bitcoin Hashrate Reaches Record High with Publicly-Listed Miners’ Dominance
The bitcoin network has seen a significant increase in hashrate, surpassing 700 EH/s for the first time. This marks a 6% growth in the...
Gary Gensler Departure Sparks Mixed Reactions
SEC Chair Gary Gensler recently made some bold statements about cryptocurrencies during a speech at NYU School of Law. Known for his cautious approach,...
Tether Plans to Launch AI Platform in Q1 2025, Reveals CEO...
Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 DebutTether, the renowned crypto company behind the $140 billion USDT stablecoin, is set to...
