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Home » Regulations

Regulations News and Updates

Cryptocurrency regulations have been a hot topic of debate among the community ever since digital assets came into existence.

The debate circles whether legislation on cryptocurrencies will carry positive or negative outcomes for the crypto ecosystem.

Some believe that cryptocurrencies such as Bitcoin should operate on their own, without any regulatory oversight. This comes from one of their predominant and perhaps most essential features – decentralization, or the lack of central authorities. This would put the power entirely in the hands of network participants.

However, and on the other hand, there are a lot who believe that proper and well-defined regulations are a critical step towards mass adoption.

In reality, the tendency seems to be favoring the latter group. The well-known and reputable cryptocurrency companies and exchanges are doing their best to abide by the law in order to deliver further security and to avoid regulatory scrutiny.

This is especially the case in the fields of Know-Your-Customer (KYC) and Anti Money-Laundering (AML) regulations. These are welcomed with mixed feelings by the crypto community because they strip away one of the landmark feats of most cryptocurrencies – privacy.

Recent Regulations News

Trump Names Bo Hines Executive Director of Presidential Digital Asset Advisory Committee

Trump Names Bo Hines Executive Director of Presidential Digital Asset Advisory Committee

Dec 23, 2024 20:11 Wayne Jones

Hines expressed gratitude for the role and pledged to ensure the U.S. remains a leader in technological innovation through digital

NFT Gaming Project CyberKongz Receives Wells Notice from SEC

NFT Gaming Project CyberKongz Receives Wells Notice from SEC

Dec 21, 2024 14:37 Wayne Jones

The gaming project is disputing the SEC's claims and is calling for clearer regulations in the NFT sector.

Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations

Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations

Dec 17, 2024 22:23 Wayne Jones

Blumberg has pushed back, alleging his critical remarks reflect industry concerns about regulatory favoritism.

Australian Court Fines Kraken $8M Over Unauthorized Margin Lending Product

Australian Court Fines Kraken $8M Over Unauthorized Margin Lending Product

Dec 16, 2024 22:34 Wayne Jones

The Federal Court penalized Kraken’s operator, Bit Trade, over non-compliant financial offerings targeting Australian customers.

Crypto Advocate French Hill Picked to Lead House Financial Services Committee in 2025

Crypto Advocate French Hill Picked to Lead House Financial Services Committee in 2025

Dec 13, 2024 12:17 Wayne Jones

As chair, Hill will oversee Federal Reserve, Wall Street, and crypto sector regulations amid growing scrutiny.

SEC Commissioner Hester Peirce Calls for Reforms in Crypto Under Trump’s SEC Leadership

SEC Commissioner Hester Peirce Calls for Reforms in Crypto Under Trump’s SEC Leadership

Dec 10, 2024 22:21 Wayne Jones

Peirce's reforms prioritize stopping practices like “Operation Chokepoint 2.0,” which critics say undermine crypto’s banking access.

Taiwan to Implement Strict Crypto AML Rules on November 30

Taiwan to Implement Strict Crypto AML Rules on November 30

Nov 30, 2024 08:58 Wayne Jones

The AML rules were initially set to take effect early next year, but recent breaches have prompted the FSC to

Here’s What Users Expect as Donald Trump Begins Tenure as Crypto President: Bybit

Here’s What Users Expect as Donald Trump Begins Tenure as Crypto President: Bybit

Nov 23, 2024 10:22 Mandy Williams

As Trump’s presidential tenure progresses, crypto traders expect to see clear digital asset regulations and an environment fostering DeFi innovation.

Trump’s Win Is Big for Crypto, But Let’s Keep Expectations in Check (Op-Ed)

Trump’s Win Is Big for Crypto, But Let’s Keep Expectations in Check (Op-Ed)

Nov 14, 2024 15:25 Guest Author

With Trump about to reenter the White House, can crypto really depend on him and his promises?

Post-Election Landscape: Ark Invest’s Cathie Wood Says There’s More Clarity for Investments

Post-Election Landscape: Ark Invest’s Cathie Wood Says There’s More Clarity for Investments

Nov 12, 2024 04:23 Mandy Williams

Cathie Wood highlights how Trump’s new administration will grow the U.S. economy through innovation, regulatory change, tax cuts, and more.

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