Italian central bank calls for stablecoin regulations in new report
The Bank of Italy (Banca d’Italia), called for thorough stablecoin regulations in a report published on June 28. Bank questions...
Regulations
South Korea passes new crypto legislation focusing on investor protections
The South Korean National Assembly passed the Virtual Asset User Protection Act on June 30 during a plenary session, local...
SEC Says BlackRock and Fidelity’s Spot Bitcoin ETF Filings Are Unclear and Incomprehensive: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly saying that BlackRock and Fidelity’s applications for a spot Bitcoin (BTC)...
Recent spot Bitcoin ETF applications fall short of SEC’s expectations on a technicality, but are not out of the running yet
On June 30, reports emerged that the U.S. Securities and Exchange Commission (SEC) has returned recent spot Bitcoin exchange-traded fund...
Lawmakers in Canada Push Government To Promote Use of Blockchain and Cryptocurrency
Canadian lawmakers from the House of Commons say that the government should embrace blockchain technology and crypto following a comprehensive...
BNY Mellon’s crypto custody venture runs afoul of SEC rules
The Bank of New York Mellon’s (BNY Mellon) foray into the digital asset custody business has hit a regulatory hurdle,...
Judge brings forward pretrial conference in SEC vs. Coinbase litigation case
In the ongoing lawsuit between the Securities Exchange Commission (SEC) and Coinbase, the presiding judge has rescheduled the pretrial conference,...
Tax experts challenge HMRC’s proposed tax framework as ‘Not fit for purpose’
Accounting service leaders in the UK have disputed HMRC’s proposed taxation framework for decentralized finance (DeFi) transactions, labeling it as...
New Zealand central bank calls for ‘increased vigilance’ for crypto not regulation
The Reserve Bank of New Zealand (RBNZ) is increasing its monitoring of cryptocurrencies and stablecoins, the country’s central bank said...
Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions
The Blockchain Association is calling for SEC chair Gary Gensler to recuse himself from regulatory proceedings, claiming he demonstrates “clear...
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