Regulation
United Arab Emirates opens licensing applications for cryptocurrency companies
UAE's Securities and Commodities Authority said Monday it has started accepting applications for operating licenses from cryptocurrency businesses.
Danny Park
Lens
Regulation & Law
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Regulation
U.S. House Financial Services Committee releases draft stablecoin bill for Wednesday hearing
The U.S. House Financial Services Committee is set to hold a hearing on April 19 to discuss a draft bill released over the weekend on regulating stablecoins, a class of digital currency designed to offer price stability by being pegged to another asset’s value.
Timmy Shen
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Regulation
Binance chief says unclear crypto regulation ‘the worst’
Binance CEO Changpeng Zhao said regulators need to come up with clear crypto regulations and should understand that the crypto industry is different from the traditional financial industry.
Timmy Shen
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Regulation
U.S. SEC committee urges ‘aggressive enforcement’ on crypto, says most tokens are securities
The U.S. SEC Investor Advisory Committee urged the federal agency to continue its aggressive enforcement on crypto players that offer unregistered securities.
Danny Park
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Regulation
Arkansas joins Montana, Texas with bills on guidelines, protection for Bitcoin miners
Arkansas has joined Montana and Texas this year in proposing legislation to offer legal protections to companies operating crypto mining sites.
Danny Park
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Altcoins
Arbitrum’s AIP-1 proposal to be split after community backlash
Top blockchain and crypto news: Arbitrum to segment AIP-1. DeGods NFT collection moves to Ethereum. Crypto on the agenda at ‘China’s Davos.’
Forkast.News
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Regulation
Paxful shuts Bitcoin exchange due to regulatory challenges, staff departures
Paxful Bitcoin exchange announced the indefinite suspension of the marketplace on Tuesday, citing regulatory challenges and staff departures.
Forkast.News
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Regulatory News
What the US can learn from the Philippines to regulate crypto in a smarter way
The Philippines has licensing requirements and proactively monitors crypto firms, while the US regulates by enforcement only after consumers are already badly hurt, writes Robert De Guzman of Coins.ph.
Robert de Guzman
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Regulation
Bittrex crypto exchange to shutter U.S. operations due to regulatory uncertainty
Seattle-based crypto exchange Bittrex, Inc. will wind down its U.S. operations from April 30, citing continued regulatory uncertainty in the region.
Danny Park
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Regulatory News
Crypto platforms need regulation as form of investor protection: HK’s SFC chief
Government officials from Hong Kong and mainland China talked about cryptocurrencies at the Boao Forum in China, as both chase Web3 ambitions.
Tom Zuo
