The FIU-IND, essential in India’s financial crime prevention efforts, scrutinizes financial transactions to combat money laundering. Cryptocurrency exchange KuCoin navigated regulatory challenges to align with FIU-IND’s strict compliance requirements, amidst India’s tight cryptocurrency regulations. Achieving compliance, KuCoin has been recognized…
Circle Internet Financial Prepares for IPO: Evolution, USDC Stablecoin, Market Dynamics, and Regulatory Landscape
Circle Internet Financial Ltd. has revealed its plans to launch an initial public offering (IPO) after re-evaluating its path to going public, including a previous attempt through a special purpose acquisition company (SPAC). Under the leadership of CEO Jeremy Allaire,…
Analyzing Amendments to iShares Bitcoin Trust’s S-1 Form and the Evolution of Bitcoin ETFs
In a pivotal moment for the financial landscape, the recent amendment to the S-1 form for the iShares Bitcoin Trust has not only sparked intrigue but has set the stage for a transformative shift in the world of Bitcoin exchange-traded…
New Jersey’s Classifying Digital Assets and Virtual Currencies as Securities – Proposed Bill
In a significant development, the New Jersey General Assembly may soon deliberate on a bill that aims to determine the classification of digital assets and virtual currencies as securities under state law. This article explores the key provisions of the…
Proposed Regulations for Crypto Service Providers in Singapore
In its ongoing efforts to enhance the regulatory framework for the cryptocurrency industry, the Monetary Authority of Singapore (MAS) has recently released the final tranche of responses to feedback on a consultation paper regarding proposed regulations for crypto service providers.…
Binance Braces for Potential Fines from US Regulators
In the past few weeks, there have been several notable regulatory actions targeting the crypto industry. These include the UK’s Financial Conduct Authority (FCA) banning Binance from operating in the UK, China’s intensified crackdown on mining and trading, the US Securities…
New and Disruptive International Crypto Rules Proposed by Influential Finance Watchdog
The ongoing crypto winter has caught the eye of financial watchdogs and some disruption is brewing. After the recent turmoil in the cryptocurrency market, the Financial Stability Board, a watchdog organization and standard-setter for the global financial system supported by…
Technology businesses lobby with Indian central bank to relax the India crypto ban
Reserve Bank of India, i.e., the central bank in India has consistently opposed cryptocurrencies. A lobbying effort on part of technology businesses in India is underway to relax the India crypto ban.
Celebrated boxing Legend Pacquiao takes the crypto world by storm, preparations to launch his own cryptocurrency on course
It’s all systems go as the much-awaited launch for Manny Pacquiao’s cryptocurrency finally nears. Reports from The Strait Times, a Singapore-based daily broadcast, indicated that the Global Crypto Offering Exchange (GCOX), a Singapore-based start-up will be in charge of the…
The Eu to Discuss Further Crypto Regulation but This Could Be a Good Thing
Finance ministers from 28 member countries in Europe will discuss putting in place further regulation on cryptocurrencies due to concerns surrounding illicit activities and a general lack of transparency. According to Bloomberg, the EU finance ministers will convene at a…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
