Regulation

US banks oppose digital asset inclusion in digital payments supervision
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12 January, 2024

US banks oppose digital asset inclusion in digital payments supervision

A U.S. consumer protection bureau proposed increased oversight for non-bank financial firms, but American banks say that including digital assets...
Fintech startup Salmon secures Philippine banking license after acquiring controlling stake in rural bank
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12 January, 2024

Fintech startup Salmon secures Philippine banking license after acquiring controlling stake in rural bank

With a Philippine banking license now at hand, Salmon can offer AI-centric consumer and debit products to Filipinos, fulfilling its...
Nebraska aims to protect digital asset mining, ownership, staking under new bill
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11 January, 2024

Nebraska aims to protect digital asset mining, ownership, staking under new bill

The Blockchain Basics Act, sponsored by State Senator Eliot Bostar, protects every Nebraska residents’ right to mine ‘crypto’ at home...
India’s Web3 industry hopes for ‘level playing field,’ regulations, blockchain funds from Union Budget
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11 January, 2024

India’s Web3 industry hopes for ‘level playing field,’ regulations, blockchain funds from Union Budget

India's budget will be presented on February 1, and the Web3 industry hopes for better regulations for virtual digital assets...
Exchange-traded fund approval fails to light fire under utility-free BTC
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11 January, 2024

Exchange-traded fund approval fails to light fire under utility-free BTC

The U.S. securities regulator has approved BTC ETFs, including Grayscale and Bitwise, despite concerns, although market reaction tepid as fee...
CFTC highlights DeFi risks in new report, urges swift action
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10 January, 2024

CFTC highlights DeFi risks in new report, urges swift action

While regulators clamor to regulate the digital asset sector, a new report from the Commodity Futures Trading Commission sheds light...
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