Regulation

On October 2, the United States Court of Appeals for the District of Columbia Circuit made a landmark decision regarding prediction markets that allow participants to place bets on U.S. elections. This ruling dismissed an appeal from the U.S. Commodity Futures Trading Commission (CFTC), which had sought to impose an administrative stay on a prior

The ongoing lawsuit between the Securities and Exchange Commission (SEC) and Ripple Labs has reached another critical juncture as the SEC files an appeal against a recent ruling that had mixed implications for the case. The complexities surrounding this high-profile dispute are emblematic of the broader challenges facing cryptocurrency regulation in the United States. As

In a significant move towards embracing digital currencies, Ohio State Senator Niraj Antani has introduced a bill aimed at legalizing Bitcoin (BTC) and other cryptocurrencies for tax payments. This piece of legislation, presented on September 30, symbolizes a pivotal moment in the ongoing debate about integrating digital assets into governmental financial operations. Antani’s assertion that

Recently, the UK’s Financial Conduct Authority (FCA) and the Bank of England rolled out an ambitious initiative known as the Digital Securities Sandbox (DSS). This project represents a significant step towards examining the practical applications of distributed ledger technology (DLT) and tokenized securities in traditional financial landscapes. With the DSS operational until December 2028, the

Ripple, the well-known blockchain payment provider, has made headlines by securing in-principle approval from the Dubai Financial Services Authority (DFSA). This achievement is not merely a regulatory checkpoint; it represents a pivotal moment for Ripple’s ambitions in the United Arab Emirates (UAE). By becoming the first blockchain-based payment service to obtain such a license, Ripple

The financial landscape in Japan is on the brink of transformation as the Financial Services Agency (FSA) prepares to reassess its policies surrounding cryptocurrencies. The anticipated decisions could have profound implications for investors, businesses, and the overall digital asset ecosystem within the country. This article delves into the potential changes that may arise from this

As global regulations surrounding digital assets continue to evolve, companies in this space are facing increasing pressure to adapt and demonstrate compliance. In response to these challenges, Circle has unveiled its Compliance Engine, a groundbreaking tool aimed at facilitating regulatory adherence for businesses engaging in blockchain technologies. The Compliance Engine embodies a significant stride towards

The recent congressional hearing featuring SEC Chair Gary Gensler highlighted mounting tensions over the regulatory framework governing cryptocurrencies. As lawmakers and members of the SEC scrutinized the agency’s stance, it became clear that clarity and effective regulation remain sorely needed. Without explicit guidelines and with widespread criticism of a “regulation by enforcement” mentality, the hearing

The recent enforcement actions from the U.S. Securities and Exchange Commission (SEC) against TrueCoin and TrustToken unveil significant concerns regarding transparency and reliability within the cryptocurrency industry, particularly involving their stablecoin TrueUSD (TUSD). Announced on September 24, these charges underscore allegations of fraudulent conduct and the selling of unregistered investment contracts related to TUSD, crucially

On September 27, 2023, the US Securities and Exchange Commission (SEC) reached a notable settlement with Mango Markets’ decentralized autonomous organization (DAO) and the Blockworks Foundation. The charges stemmed from the entities’ alleged involvement in the sale of unregistered securities following a significant exploit that resulted in a staggering $100 million loss in 2022. As