In a major regulatory push, the Bank of France has called for reinforcing the European Union’s crypto regulatory framework, specifically around stablecoin payments, as questions grow over whether existing rules are sufficient to manage the risks posed by these digital…
The US Commodity Futures Trading Commission (CFTC) has named the founding members of its new Innovation Task Force, a group assembled to help the agency develop regulatory frameworks across digital assets, artificial intelligence (AI) and prediction markets. The task force…
Rwanda’s National Bank moved swiftly to remind the public that cryptocurrency transactions involving the Rwandan franc remain illegal, days after crypto exchange Bybit quietly added franc support to its peer-to-peer trading platform. The matter came to light after Bybit announced…
Key Takeaways In a major development, Texas Lieutenant Governor (LG) Dan Patrick has directed state Senate committees to examine prediction markets, cryptocurrency and blockchain technology as part of legislative priorities ahead of the state’s next session in January 2027. In…
Key Takeaways A federal court has entered a consent order permanently barring Peken Global Limited, the operator of crypto exchange KuCoin, from allowing US participants to access the exchange unless it registers as a foreign board of trade, bringing a…
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 In a major development, New Zealand’s crypto regulation got a notable update this week after the country’s Financial Markets Authority(FMA) cleared a homegrown stablecoin from being classified as a financial product, a distinction that could shape how digital…
Key Takeaways In a major regulatory development, Turkish lawmakers submitted legislation this week that would impose a 10% tax on cryptocurrency profits, targeting one of the world’s most active digital asset market. The country’s ruling Justice and Development Party filed…
Key Takeaways WisdomTree has begun offering continuous trading and real-time settlement for its Treasury money market fund (MMF) following a special Securities and Exchange Commission (SEC) authorisation announced on Tuesday, marking the first time a registered US mutual fund has…
Key Takeaways In a major development, Bitcoin mining hardware manufacturer Canaan Inc. has purchased Cipher Mining’s 49% stake in a Texas-based joint venture operating three crypto mining facilities, marking a strategic pivot toward direct energy infrastructure development in North America.…
