Hong Kong’s Financial Regulator to release crypto licensing guidelines in May
The regulatory framework for crypto exchanges received more than 150 responses during the public consultation process.
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Latest firstCrypto Giant Coinbase Files Lawsuit Against SEC Over Regulatory Ambiguity
Since its petition for regulations for the cryptocurrency business has been pending since July, Coinbase is attempting to compel the SEC to reply.
French regulator considers fast-tracking registered crypto firms to MiCA rules
The AMF stressed that only crypto firms who have been approved under the MiCA regulation will be able to benefit from the European passport and provide their services across all EU member countries.
Bank of Korea granted authority to probe crypto-related firms
BoK has been clashing with Financial Services Commission over crypto jurisdiction in the country
Texas House of Representatives Passes ‘Proof of Reserves’ Bill with Overwhelming Support
A law requiring bitcoin exchanges to maintain reserves sizable enough to satisfy any client debts was approved by the Texas House of Representatives.
EU passes final vote on crypto-centered MiCA legislation
MiCA law allows crypto exchanges and digital-wallet companies to offer regulated services across the bloc and requires stablecoin issuers to hold sufficient reserves
U.S. Congress Unveils New Framework to Regulate Stablecoins
The House of Representatives document repository has been updated with a new draught bill proposing a framework for stablecoins in the United States. The first notable cryptocurrency legislation of 2023 is the stablecoin bill.
Spain’s Tax Authority to send out 300k plus tax payment reminders to crypto holders
As per local media reports, the tax agency plans to reinforce its inspection and surveillance activity on cryptocurrencies.
G20 Countries Work to Mitigate Risks Linked to Crypto
G20 intends to create a standard framework to assist all nations in managing the risks connected with cryptocurrency.
Bitcoin Miners Will Have Same Rights as Data Centers : New Arkansas Bill
A new Arkansas bill that attempts to prevent "discrimination" against mining for digital assets would classify miners as data centers.