Regulations

Adopting a wait-and-see approach is the best way to regulate the DeFi space, according to a report by Binance and the National Bank of Kazakhstan. While waiting to see how the market would develop, the pair suggested increasing the…

The U.S. Department of Justice is probing Silvergate Capital over its dealings with FTX and Alameda Research, according to a Feb. 2 report from Bloomberg. Silvergate Bank has reportedly not been accused of wrongdoing, and the investigation…

India is aiming to bring G20 members to a consensus on the roadmap for regulating digital assets within this year, the Economic Times of India reported on Feb. 2. India recently became the G20 president in December. In an interview with the…

The Trade Ministry of Indonesia had initially planned to set up a national cryptocurrency exchange by the end of 2022, but the ministry is now aiming to have the exchange set up before June 2023, according to a local news report. The bourse…

CoinShares co-founder and CEO Jean-Marie Mognetti said lack of political will is holding back the development of a sound regulatory framework for digital assets in the U.S. Commenting on the contrasting regulatory styles in the U.S. and…

The UK’s finance ministry is planning to unveil extensive cryptocurrency regulation within the next day, according to a Jan. 31 report from Reuters. The ministry, otherwise known as HM Treasury, is expected to publish draft rules for…

Several U.S. senators are seeking new details from Silvergate Capital about its knowledge of FTX’s wrongdoing, according to a Jan. 31 report from Bloomberg. The senators responsible for the inquiry include noted cryptocurrency critic…

The Bureau of Investigative Journalism (TBIJ) has identified 168 companies accused of running crypto or fraudulent foreign exchange trading scams in the U.K. Victims of the scams are often approached — via social media, dating websites, and…

As the elections approach, Turkey’s political opposition group, the Nation Alliance, released its doctrine on Jan.30, which included 13 matters aimed at increasing crypto adoption in the region. The Alliance primarily aims to imply…

Chairman of the Monetary Authority of Singapore (MAS), Tharman Shanmugaratnam, spoke at the WEF23 and stated a controversial take on crypto regulations and questioned if regulating crypto could legitimize speculation, VulcanPost reported.…