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CFTC records $17B monetary relief in 2024, thanks to digital assets
In 2024, the U.S. agency brought 58 new enforcement actions, including precedent-setting digital asset commodities cases, but the crackdown of...
SEC bags $8.2B in fines in 2024, over half from Terraform
The $8.2 billion penalties and fines bagged by the SEC consisted of $6.1 billion in disgorgement and prejudgment interest and...
IOSCO urges for investor education on digital currency
IOSCO urges its regulators to enhance their investor education efforts targeted at novice investors—accounting for the high-risk nature of these...
FSB paper tackles stablecoin risks to emerging markets, developing economies
The Financial Stability Board paper focused on what it refers to as global stablecoins, which are stablecoins that could be...
South Korea’s first digital asset law comes into force after year of finessing
The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
Hong Kong unveils stablecoin consultation results
The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations...
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