crypto regulations

The UK has officially recognised cryptocurrencies as a regulated financial sector under the Financial Services and Markets Act 2023. Proposed as a bill, this development made the Financial Services and Markets Act 2023 a legitimate law in…

Singapore-based cryptocurrency investment startup Pillow, which counts Accel, Elevation Partners and Quona Capital among its backers, said it will be shutting down its operations due to regulatory uncertainty. Founded in 2021 by Arindam…

In 1865, Britain passed its infamous “Red Flag” Act — copied in many other places — to regulate for self-propelled vehicles. It required a crew of three for each vehicle, one member of which was to walk 60 yards ahead with a red flag to…

Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations. Canada has tightened regulations for crypto…

The European Parliament on Thursday overwhelmingly backed the European Union's first set of rules to regulate cryptoasset markets.Parliament voted by 517 in favour and 38 against to approve the world's first…

JP Morgan, one of the largest banks in the US, has not shied away from expressing its belief in the crypto sector despite the fluctuations affecting the market. As highlighted in its latest Global Markets Strategy report, JP Morgan is…

<!-- -->EU securities watchdog to arm itself with crypto dataThe European Union's securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it…

<!-- -->Factbox-The crypto crash hit these companies the hardestCryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world's largest digital asset, bitcoin, down more than 56% from…

<!-- -->US House delays consideration of stablecoin bill: ReportA key regulatory panel will delay consideration of a broad stablecoin regulation bill for several weeks amid banking industry pushback and late tweaks to certain…

<!-- -->US SEC working to register crypto lending firmsThe US Securities and Exchange Commission (SEC) is working to get some cryptolending companies properly registered if they operate more as investment firms, the head of the Wall…