Latest news on Regulations

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Bank of England Scraps Personal Stablecoin Caps, Sets £40B Issuance Limit

By Loic Dos Santos | 4 months ago

Individuals Dodge Wallet Cap, For Now The Bank of England has abandoned its earlier plan to restrict the amount of stablecoins that individuals and businesses could hold...

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Celsius CEO Alex Mashinsky Gets Permanent Trading Ban in CFTC Settlement

By David E | 4 months ago

Judge signs off on lifetime ban A federal judge in the Southern District of New York has formally approved a sweeping settlement that permanently bars Alexander Mashinsky, former CEO of Celsius Network, from trading or seeking regis This.....

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Illinois Becomes First State to Tax Crypto Transactions, Drawing Industry Fury

By David E | 4 months ago

Illinois Becomes First State to Tax Crypto On Tuesday, Illinois Governor JB Pritzker signed the Digital Asset Tax Act into law, making Illinois the first state in the U.S...

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CME Group to Sue CFTC Over Perpetual Futures Approval, Citing Dodd-Frank Breach

By Loic Dos Santos | 4 months ago

CME’s Legal Gambit Targets CFTC The CME Group, the world’s largest derivatives exchange, is preparing to sue the Commodity Futures Trading Commission (CFTC) following the regulator’s approval of perpetual futures products earlier in June.....

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Binance Faces Potential EU MiCA License Rejection as Regulatory Pressure Mounts

By David E | 4 months ago

Greek Watchdog’s Decision Looms Large Binance, the world’s largest cryptocurrency exchange by daily trading volume, is facing a pivotal moment in its European expansion strategy as its application for a Markets in Crypto Assets (MiCA).....

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Sam Bankman-Fried’s 25-Year Sentence Stands as Appeals Court Rejects All Arguments

By David E | 4 months ago

Unanimous Ruling Affirms 25-Year Sentence Sam Bankman-Fried, the former CEO and co-founder of FTX, has lost his bid to overturn his conviction on fraud and conspiracy charges...

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Japan Moves to Treat Crypto Like Stocks, Paving Way for ETFs and Tax Reform

By David E | 5 months ago

Crypto to Face Stock-Like Scrutiny Japan’s House of Representatives has approved a bill that would move the country’s crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act, fundamentally changing how.....

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Crypto Tax Overhaul: House Committee Targets Small Transactions, Mining, and Stablecoins

By David E | 5 months ago

Seven Crypto Tax Bills on Table The U.S. House Ways and Means Committee is set to debate a package of seven draft bills on digital asset taxation on June 9, marking the most extensive legislative review of crypto tax rules in years...

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US Treasury Sanctions Nobitex and Three Other Iranian Crypto Exchanges in Sweeping Crackdown

By Loic Dos Santos | 5 months ago

Nobitex at Center of Treasury Blitz The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest cryptocurrency exchange, along with Wallex, Bitpin, and Ramzinex...

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Coinbase Launches Direct Rupee Rails, Expanding Its Bet on India’s Crypto Growth

By David E | 5 months ago

Coinbase clears FIU hurdle, reenters India Coinbase has officially relaunched its services in India, establishing direct Indian rupee (INR) banking rails and securing registration with the country’s Financial Intelligence Unit (FIU)...