Key Takeaways The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) announced plans to overhaul the reporting framework for over-the-counter (OTC) derivatives. The new rules, designed to meet international standards, will come into effect on September…
Key Takeaways In a major development, Canada’s federal government is pushing to prohibit cryptocurrency donations to political campaigns, introducing legislation that groups digital assets alongside money orders and prepaid payment products as funding channels that are difficult to trace. Bill…
Key Takeaways Peter Van Valkenburgh, executive director of advocacy group Coin Center, warned on Friday that failing to pass the CLARITY Act could leave the crypto industry vulnerable to a future administration less sympathetic to digital assets. In a post…
Key Takeaways In a major development, Robinhood has launched a fresh share repurchase programme worth $1.5 billion, approved by its board of directors and set to run over the next three years, as the trading platform doubles down on returning…
Key Takeaways Ireland is set to adopt the new Markets in Crypto-Assets (MiCA) regulations, which were introduced by the European Union in June 2023. This regulatory framework aims to bring uniformity to the cryptocurrency sector across Europe, providing clear guidelines…
Key Takeaways Canada’s financial intelligence unit has stripped 23 crypto-related money services businesses(MSBs) of their operating registrations. Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), which oversees the registration and compliance of money services businesses across the country, said…
Key takeaways Evernorth, the XRP-focused digital asset treasury firm backed by Ripple Labs, filed a Form S-4 registration statement with the Securities and Exchange Commission(SEC) on Wednesday, bringing its ambitions of going public on the Nasdaq one step closer to…
Key Takeaways In a major development, the Commodity Futures Trading Commission( CFTC), the US market regulator, stated that non-U.S. crypto exchanges can provide services to Americans on their platforms by registering under the Foreign Board of Trade (FBOT) framework. “Today’s…
Key Takeaways Crypto asset manager Grayscale has withdrawn its 19b-4 application for an Ether futures exchange-traded fund (ETF). On May 7, Grayscale filed a notice of withdrawal for the Grayscale Ethereum Futures Trust with the United States Securities and Exchange…
Key Takeaways Britain’s central bank, Bank of England’s Deputy Governor Sarah Breeden hinted that UK regulators maybe rethinking the limits set on stablecoin holdings against the backdrop of widespread backlash from the digital asset industry. Breeden, appeared before the House…
