Cryptocurrency Market

  • Market Cap: $2,546,222,088,132.38
  • 24h Vol: $95,243,616,947.40
  • BTC Dominance: 51.58%

Regulation

hong-kong-regulators-say-proposed-stablecoin-regulation-has-received-positive-stakeholder-feedback

Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback

Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin Regulatory Regime On July 17, Hong Kong regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong […]

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three-quarters-of-jurisdictions-partially-or-not-compliant-with-vasp-sector-recommendation,-says-fatf

Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF

Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF

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binance-seeks-to-reduce-stake-in-operator-of-south-korean-crypto-exchange-gopax-to-10%

Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%

Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload the stake well before the August 11 deadline for reporting

Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10% Read More »

bank-of-russia-discusses-conditions-of-upcoming-stablecoin-regulation

Bank of Russia Discusses Conditions of Upcoming Stablecoin Regulation

The Bank of Russia has highlighted the conditions it will need to consider when regulating the use of stablecoins for Russian individuals and companies. The bank stated that before a regulation is enacted, a thorough study of these assets and a discussion with the relevant actors of the market and the community around them should

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bloomberg-analyst-discusses-solana-etf-deadline-and-election-impact

Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact

A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval. Analyst Discusses Political Impact on Solana ETFs A senior

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messari-declares-independence-from-sec-—-calls-chair-gensler-incompetent-and-corrupt

Messari Declares Independence From SEC — Calls Chair Gensler Incompetent and Corrupt

Crypto intelligence platform Messari has declared independence from the U.S. Securities and Exchange Commission (SEC). CEO Ryan Selkis calls SEC Chair Gary Gensler incompetent and corrupt. Messari plans to challenge the SEC’s legitimacy through legal, congressional, and media avenues, arguing that modern technologies render the agency’s functions redundant and that private market actors are better

Messari Declares Independence From SEC — Calls Chair Gensler Incompetent and Corrupt Read More »

canadian-regulator-probe-determines-that-liquitrade-operates-an-illegal-crypto-exchange

Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange

The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were trading contractual rights, not crypto assets, as the platform had claimed. Latoken Users Trading Derivatives, Not Crypto Assets On July 3, the British Columbia Securities

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north-carolina-governor-vetoes-bill-banning-state-use-of-central-bank-digital-currencies

North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The governor argued the bill was premature and emphasized the need for more funding for cybersecurity. House Bill 690

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russia-in-the-process-of-regulating-the-use-of-stablecoins-for-cross-border-settlements

Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements

Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed. The Ministry of Finance also confirmed that this is being

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digital-chamber-urges-sec-to-end-attacks-on-crypto-industry,-embrace-future-of-finance

Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance

The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry following its enforcement action against Consensys. The chamber argues the SEC’s actions are overreaching and detrimental to financial innovation and inclusion. Digital Chamber Criticizes SEC’s Action The Digital Chamber (TDC) has called on the

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