UK law now formally recognises cryptocurrencies as personal property under new legislation. The Property Digital Assets Act gives courts clearer rules for ownership and asset recovery. Rising crypto adoption pushed the UK to strengthen legal […]
The US Securities and Exchange Commission (SEC) sent warning letters to several exchange-traded fund (ETF) providers, halting applications for leveraged ETFs that offer more than 200% exposure to the underlying asset. ETF issuers Direxion, ProShares, […]
A second FDIC rule on prudential requirements will follow early next year. The FDIC will supervise bank subsidiaries issuing payment stablecoins. Guidance on tokenised deposits is under development. US regulators are moving quickly to build […]
Republican lawmakers on the US House Financial Services Committee and House Oversight Subcommittee have released a final report on what they called “debanking of digital assets,” claiming that the previous administration was responsible for cutting […]
RLUSD has been recognised as an Accepted Fiat-Referenced Token in the Abu Dhabi Global Market. Ripple secured full regulatory approval to operate in the Dubai International Financial Centre in March. The DFSA allowed RLUSD to […]
The US Nasdaq stock exchange is making SEC approval of its proposal to offer tokenized versions of stocks listed on the exchange a top priority, according to the exchange’s crypto chief. “We’ll just move as […]
Crypto firms operating in the EU must report transactions and holdings in a standardised format. Regulators will gain wider access to user data, raising privacy concerns. ESMA may oversee major exchanges, centralising EU crypto supervision. […]
Visa is expanding its use of stablecoins for settlement in Central and Eastern Europe, the Middle East and Africa (CEMEA) through a new partnership with crypto infrastructure company Aquanow. In an announcement Thursday, Visa said […]
The state legislation sets aside $10 million for Bitcoin accumulation. Texas is preparing a formal tender to choose a custodian for the reserve. New Hampshire authorised a Bitcoin reserve and approved a $100 million Bitcoin […]
Caroline Pham, acting chair of the US Commodity Futures Trading Commission, called for nominations of CEOs to fill seats on a council to discuss policies, including those related to digital assets. In a Tuesday notice, […]
Copyright © 2021
