Regulation

Law Commission proposes new property category for digital assets in UK
-
12 August, 2024

Law Commission proposes new property category for digital assets in UK

The Law Commission of England and Wales recently published a "final report" highlighting the inadequacy of the current categorization of...
South Korea imposes new supervisory fees on top exchanges
-
10 August, 2024

South Korea imposes new supervisory fees on top exchanges

Upbit is expected to cough out the largest amount at nearly $103,000 in the Financial Services Commission’s new and unexpected...
NYAG outlines benefits and risks of AI in anticipation of potential regulation
-
9 August, 2024

NYAG outlines benefits and risks of AI in anticipation of potential regulation

Key benefits included AI’s application in the healthcare sector and the streamlining of administrative tasks, while possible risks include algorithmic...
New bill pushes blockchain use in US Veterans Affairs
-
9 August, 2024

New bill pushes blockchain use in US Veterans Affairs

Rep. Nancy Mace introduced a bill that pushes the U.S. Department of Veterans Affairs to explore how blockchain can enhance...
‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action
-
9 August, 2024

‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action

The Fed Board hit Customers Bank with an enforcement action after results of inspections carried out by the central banking...
Ripple fined $125 million, barred from future securities law violations
-
8 August, 2024

Ripple fined $125 million, barred from future securities law violations

U.S. District Judge Analisa Torres gave Ripple 30 days to pay its $125 million penalty while permanently restraining and enjoining...