Crypto Regulations

April 10, 2024

US Treasury official outlines proposals for tighter crypto crime control

In a recent testimony before the Senate Banking Committee, United States Deputy Treasury Secretary Adewale Adeyemo reiterated the need for increased enforcement powers to combat illicit […]
January 10, 2024

Turkey’s crypto regulations in final stages, finance minister reveals

The Turkish government will legally define critical concepts in crypto, license trading platforms and comply with the Financial Action Task Force (FATF) standards.   The Turkish […]
January 08, 2024

Honduras special zone officially recognizes Bitcoin as a unit of account

Próspera’s tax commissioner, Jorge Colindres, said the development would expand the financial and monetary freedom for individuals in the area.   Less than two years after […]
January 04, 2024

EU regulators to investigate banks’ crypto exposure

The European Banking Authority will conduct a joint investigation with the European Systemic Risk Board and the Financial Stability Board.   The European Banking Authority (EBA) […]
December 29, 2023

China calls for crackdown on Tether stablecoin in illegal forex trading

China’s Supreme People’s Procuratorate has warned that using Tether as a medium of exchange between local and foreign currency is illegal.   Chinese authorities are taking […]
December 22, 2023

Chinese central bank urges the world to jointly regulate crypto

The People’s Bank of China has addressed issues related to the regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report.   The […]

China proposes ban on converting game tokens to fiat currency

The General Administration of Press and Publication of China aims to restrict the scope of activities related to in-game tokens.   The General Administration of Press […]
December 21, 2023

UAE regulator revises sanctions, AML policy to enact FATF’s Travel Rule

UAE’s Financial Services Regulatory Authority has updated its AML and sanctions rules with new elements related to digital assets.   The Financial Services Regulatory Authority (FSRA) […]
December 18, 2023

Taiwan officials launch inquiry into crypto betting on election results: Report

Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election.   […]

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