Stablecoins are on the verge of mainstream adoption this year as the Trump administration pushes ahead with landmark crypto legislation, investment bank …
regulatory
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The …
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Regulation
Worldcoin faces regulatory setback in Indonesia over compliance issues
by shayaanby shayaanIndonesia’s Ministry of Communication and Digital has temporarily suspended World (formerly Worldcoin) and its digital identity platform, World ID, citing registration issues …
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Regulation
SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD
by shayaanby shayaanThe U.S. Securities and Exchange Commission has formally ended its inquiry into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue enforcement action, …
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Regulation
SoFi CEO Says Bank To Bring Back Crypto Investing After Trump Triggers Shift in Regulatory Landscape: Report
by shayaanby shayaanThe head of a fintech giant SoFi says the firm is bringing back crypto banking thanks to the new presidential administration’s stance …
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SoFi has plans to bring back crypto services for its clients after suspending those operations in 2023 so as not to impede …
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Regulation
Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem
by shayaanby shayaanCircle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, …
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Regulation
Crypto Gambling Generated $81,400,000,000 in Gross Revenue at Casinos Last Year Despite Regulatory Bans: Report
by shayaanby shayaanCrypto casinos reportedly raked in tens of billions of dollars last year from gamblers despite regulatory prohibitions. According to a new report …
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Adoption
Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw
by shayaanby shayaanA growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in …
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Regulation
GameFi Token WEMIX Caught in Regulatory Crosshairs on Bithumb Exchange
by shayaanby shayaanWEMIX, a blockchain gaming token, continues to face regulatory headwinds in South Korea due to a controversial hack and delayed communication by …