The Crypto Council for Innovation (CCI) and the Blockchain Association jointly issued a letter on Aug. 20 endorsing Brian Quintenz for Chairman …
regulatory
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Cryptocurrency exchange OKX has hired Marcus Hughes as its new vice president and global head of government relations, the company announced on …
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Smart Contracts
South Korea Halts Crypto Lending as Market Leverage Sparks Regulatory Concern
by shayaanby shayaanIn short Zuid -Korea has temporarily suspended new crypto credit services, with reference to a lack of user protection. This development comes …
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CBDT is asking platforms to explain how taxes, unclear regulations, and liquidity issues have affected them. It also questioned the questioned the …
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Adoption
Asian powerhouses Japan and South Korea advance stablecoin regulatory efforts
by shayaanby shayaanJapan and South Korea are moving quickly to create clearer rules for stablecoins as global interest in digital currencies grows. Stablecoins are …
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Regulation
Fed integrates crypto banking oversight into standard regulatory processes, ends additional scrutiny
by shayaanby shayaanThe Federal Reserve (Fed) announced it will shut down its program with additional scrutiny over crypto and fintech activities. On an August …
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Citigroup Inc. (NYSE: C) is considering introducing crypto custody services to its customers. A top executive of Citigroup informed Reuters that the …
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Analysis
Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE
by shayaanby shayaanLaser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives …
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Markets
Nomura-Backed Laser Digital Wins Regulatory Nod for Crypto Derivatives in Dubai
by shayaanby shayaanLaser Digital, the cryptocurrency trading and servicing subsidiary of Japanese bank Nomura, secured a limited license to offer regulated, over-the-counter (OTC) crypto …
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Bolivia is taking a major step toward embracing cryptocurrencies by forming a strategic alliance with El Salvador. On July 30, the Central …