Tag: Cryptocurrency regulations
CFTC Crypto Cases: U.S. Enforcement Chief Departs Pre-Trump Era
CFTC Enforcement Director Ian McGinley Steps Down Ahead of Trump InaugurationIn a surprising turn of events, Ian McGinley, the enforcement director at the Commodity Futures Trading Commission (CFTC), has announced his departure...
UK Legalizes Ethereum and Solana Staking: What Investors Need to Know
UK Legalizes Ethereum and Solana Staking: A Game-Changer for Crypto InvestorsIn a groundbreaking move, the UK Treasury has recently amended the Financial Services and Markets Act 2000 (FSMA) to exclude Ethereum and Solana staking...
EU Regulations on Cryptocurrency Liquidity and USDT Delistings: What to Expect
The imminent implementation of the Markets in Cryptoassets (MiCA) regulations in the European Union is sending ripples through the cryptocurrency market, with exchanges bracing for potential disruptions in liquidity following the delisting of Tether's...
Investors Sue ‘Hawk Tuah’ Memecoin Creators for Securities Law Violations
Investors Sue 'Hawk Tuah' Memecoin Creators for Securities Law ViolationsInvestors are taking legal action against the creators and promoters of the "Hawk Tuah" memecoin, inspired by internet sensation Haliey Welch, for alleged securities law...
Coinbase Executive Urges Banks to Halt or Avoid Crypto Services, FDIC Letters Revealed
Coinbase Executive Urges Banks to Halt or Avoid Crypto Services, FDIC Letters RevealedCoinbase's chief legal officer, Paul Grewal, has recently made headlines by revealing a series of letters from the Federal Deposit...
Investigation into Banking Exclusion of Cryptocurrency Businesses by Congressman French Hill
Rep. French Hill to Lead Investigation into Banking Exclusion of Cryptocurrency BusinessesIn a bold move to address allegations of regulatory bias against crypto businesses, Congressman French Hill has declared his intent to delve deep...
Implementing 2-Year Moratorium on Crypto Taxation in South Korea
Implementing 2-Year Moratorium on Crypto Taxation in South KoreaSouth Korean politicians have reached a significant agreement to implement a two-year moratorium on crypto taxation, marking a crucial moment in the country's regulatory landscape amidst...
Tornado Cash Ruling: Crypto Wins Big
The recent ruling by the Fifth Circuit Court of Appeals regarding Tornado Cash's immutable smart contracts has significant implications for the cryptocurrency industry. The court found that the Treasury Department's Office of Foreign Assets...
Coinbase to End USDC Earn Program in MiCA Compliant Regions
Coinbase, a popular cryptocurrency exchange, will be ending its USDC Earn program for users located in MiCA compliant regions. The decision comes as a response to the new regulations surrounding e-money tokens, specifically affecting...
Tether Shifts Focus to Hadron Amid European Regulatory Challenges
Tether, a well-known stablecoin issuer, has decided to stop supporting its Euro-pegged stablecoin, EURt, due to regulatory challenges in Europe. The CEO of Tether, Paolo Ardoino, mentioned that the regulatory hurdles with MiCA have...
