Thai SEC proposes new regulations that could halt digital currency lending
The SEC has given the Thai public until Sept 22 to submit their feedback on the laws that seek to tighten its hold on custodians and thwart the lending sector.
Latest regulation News
Xiaomi India seeks regulatory clarity before adopting digital currency
Xiaomi India has increased its financial service products, it now includes lending and insurance. Last year, the firm launched e-commerce and loan services.
Japan’s FSA plots harsher digital currency regulation
The regulations are expected to be brought in before summer next year, with a view to provide greater consumers and investors protection.
Upbit becomes first exchange to register with South Korea regulator
Upbit submitted the business report that exchanges are required to file with South Korea’s FIU, upon completing real-name verification and partnering with a bank.
Brazil’s central bank eyes regulation for digital currencies
The president of the Brazilian central bank revealed that the bank is looking to regulate digital currencies even as it continues to develop its CBDC.
What has the SEC looked into at Binance?
Hot on the heels of the sudden and mysterious resignation of new Binance.US CEO Brian Brooks comes more speculation the exchange may be under the U.S. Securities and Exchange Commission probe.
Mexico reiterates reporting requirements for digital asset firms
Digital currency firms must report any transaction that exceeds $87,000 to regulators, whether the firm is registered locally or under another jurisdiction.
SEC’s Gary Gensler gives latest on digital currency regulation: CBDC, DeFi and regulatory frameworks
Arguing that DeFi projects would fall within the scope of regulators like the SEC, Chairman Gary Gensler described the term as “a bit of a misnomer” in an interview with the Wall Street Journal.
Solana sees first rug pull: Luna Yield disappears with $6.7M in digital currency
Luna Yield ($LUNY), a yield aggregator launched via the Solana launchpad ‘SolPad,’ has disappeared with roughly $6.7 million worth of various digital currencies.
CoinGeek Backstage: Tina Balzli talks intersection of blockchain, digital currencies and law
Legal fintech and blockchain expert Tina Balzli joined CoinGeek Backstage to talk about the intersection of blockchain, digital currencies and regulations.
Was Brian Brooks too compliant for Binance?
Brian Brooks tweeted on August 6 that he was resigning as the CEO of Binance.US, adding that “despite differences over strategic direction, I wish my former colleagues much success.”
Blockchain advocates in US Congress bring back Blockchain Regulatory Certainty Act
Leading advocates in Congress, Rep. Tom Emmer and Rep. Darren Soto re-introduce the Blockchain Regulatory Certainty Act in a bid to shore up the rules for blockchain and digital currency firms.