Regulation News

OCC's Hsu reiterates "careful and cautious" approach after Terra collapse

Acting OCC Head Michael Hsu is doubling down on the bank regulator's careful approach to crypto, though he says he sees potential in crypto.

theblockcrypto.com•3 h ago•3 min read

SEC Wants to Prevent XRP Holders from Assisting Court

The U.S. Securities and Exchange Commission has informed that court that it plans to file an objection to an amici request permission requested by XRP holders.It is asking Judge Analisa Torres for an extension of time until June 7 due to the upcoming holiday and other briefing deadlines. Defendants and counsel for amici curiae have no objection to the request, which means that the court will highly likely approve it.As reported by U.Today, attorney John Deaton’s motion to intervene was denied in

u.today•5 h ago•1 min read

Terra’s 'vortex of death' brings scrutiny from South Korean regulators

South Korean regulators are mulling plans for the crypto industry following Terra's collapse this month.

theblockcrypto.com•9 h ago•3 min read

Let’s Dissect The “Follow The Money #1” Documentary, Pt. 1- Salvadoran Confusion

In “Follow The Money,” the What Bitcoin Did team goes deep. The podcast is already a part of the El...

bitcoinist.com•11 h ago•5 min read

Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?

British regulators intend to amplify the enforcement of crypto and make stablecoins a payment method.

cointelegraph.com•11 h ago•8 min read

Crypto Poses Risk to Financial Stability in ‘Present Trajectory’: ECB

In a report published today titled "Decrypting financial stability risks in crypto-asset markets," part of the ECB's twice-yearly Financial Stability Review, the European regulator emphasized the danger posed by the increasing integration of crypto with traditional finance. "If the present trajectory of growth in the size and complexity of the crypto-asset ecosystem continues, and if financial institutions become increasingly involved with crypto-assets," the report concludes, "then crypto-asset

decrypt.co•11 h ago•3 min read

Citing Recent Market Crash, Indian Regulator Says Crypto Has No Underlying Value

India’s central bank chief also expressed confidence that the government’s position on digital assets is in sync with RBI’s stance.

cryptopotato.com•13 h ago•2 min read

Tron (TRX) Second Most Profitable Cryptourrency In Last 24 Hours, Right After Terra's UST

Tron (TRX) captures the first place on the cryptocurrency market in terms of profitability in the last 24 hours. Previously, the first place was briefly "taken" by the "stablecoin" UST which, because of extremely high volatility and depegging, gains from 10 to 50% to its value in different periods of time but then immediately loses it.

u.today•13 h ago•2 min read

South Korean Crypto Exchanges to Face Closer Supervision Following Terra Collapse

After hundreds of thousands of investors fell victim to the collapse of the Terra stablecoin and its sister token LUNA, South Korean financial authorities are planning to enhance monitoring of local crypto exchanges and introduce legal safeguards in the industry, _The Korea Times_ reported Tuesday."We need to make exchanges play their proper role, and toward that end, it is crucial for watchdogs to supervise them thoroughly," Rep. Sung Il-jong of the ruling People Power Party said during a Natio

decrypt.co•13 h ago•3 min read

FED survey highlights this ‘concerning’ gap regarding crypto as the U.S. adults…

The digital asset sector, despite several hiccups, has boomed in the last few years, especially in terms of adoption. Across the globe, investors, traders, and renowned...

ambcrypto.com•13 h ago•3 min read