Crypto firms offering financial products must obtain an AFSL by 30 June. Bitcoin and NFTs are said to be excluded from the financial product category. The Treasury has finished consultations on new crypto legislation. Australia […]
Lawmakers previously proposed a $19 billion Bitcoin reserve. Countries like Germany, Pakistan, and the Philippines are reviewing similar plans. Brazil’s Drex CBDC could support future digital reserve systems. Brazil’s central bank is preparing to host […]
The AfD party is urging Germany to treat Bitcoin as a strategic national asset. The AfD Bitcoin reserve motion seeks MiCA exemption and clear, favorable tax rules. AfD is pushing Bitcoin as “state-free money” to […]
Thailand’s SEC raids site tied to World’s WLD exchange over alleged unlicensed operations. Regulators in Germany, Kenya, Brazil, and Indonesia also probe World’s biometric crypto model. Global scrutiny grows over iris-scan data use as the […]
Xeltox/Cryptomus fined C$177M for failing to report 1,000+ suspicious crypto transactions. Violations involved child abuse, fraud, ransomware, and sanctions-related transactions. Firm previously faced BC Securities Commission action over unrecognized exchange operations. Canada’s Financial Transactions and […]
Binance holds a 67% stake in Gopax, acquired in February 2023. A $4.3 billion US settlement eased regulatory concerns in South Korea. Gopax faced a $47 million liquidity shortfall linked to Genesis Global Capital. South […]
Dubai’s VARA fines 19 crypto firms for operating without proper licenses. Penalties range from AED 100,000 to AED 600,000 with immediate cease orders. VARA and SCA’s partnership ensures unified rules across the country’s digital […]
Current options limited to direct tokens or overseas funds. Binance and Kasikornbank driving crypto expansion in Thailand. SEC pushes bill for stronger oversight and enforcement powers. Thailand is preparing to expand its cryptocurrency exchange-traded fund […]
SEC eyes plan to allow blockchain-based stock trading on approved crypto platforms. Nasdaq, Coinbase, and others push for tokenized equities as adoption accelerates. Tokenized stock market could hit $1.3T if 1% of global equities move […]
UK’s FCA proposes easing 4 core rules for crypto firms while stressing strong operational safeguards. Regulator cites $1.5B Bybit hack to justify tougher cyber resilience rules despite lighter principles. Crypto ownership in Britain hits 12%; […]
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