Lens
Regulation
The ongoing battle between the U.S. Securities and Exchange Commission and Ripple Labs over the latter’s token XRP is playing out not just in a courtroom but in media channels as well. See related article: SEC files no objection to Ripple request to seal non-party identities in XRP lawsuit Fast facts Stu Alderoty, general counsel […]
Timmy Shen
Regulation
The city-state hosted a seminar with a title that it hopes sums up its crypto approach: “Yes to digital asset innovation, No to cryptocurrency speculation.”
Pradipta Mukherjee
Regulation
Huobi Global told Forkast it is working towards being in compliance with Malaysia after its securities regulator put the Seychelles-based cryptocurrency exchange on its investor alert list for operating the digital asset business without proper registration. See related article: Huobi to end crypto derivatives trading in New Zealand Fast facts “We are currently in discussions […]
Timmy Shen
Regulation
The Treasury Department says its plan for how to regulate cryptocurrencies is unlike anything else in the world, but the country’s crypto industry isn’t sure that’s a good thing.
Lachlan Keller
Regulation
Virtual asset airdrops could be subject to gift taxes in South Korea, local publication Yonhap News Agency reported on Monday, citing tax authorities. See related article: S. Korea’s 20% crypto tax delayed by two more years Fast facts In response to a tax law interpretation inquiry, a government official said recipients of free virtual asset […]
Timmy Shen
Regulatory News
The Australian Treasury under the ruling Albanese Government will prioritize “token mapping” in 2022 to help regulations Down Under keep pace and adapt with the crypto sector. See related article: Singapore’s MAS to further strengthen crypto regulations Fast facts “Token mapping”, the primary step in the government’s reform agenda, intends to identify the appropriate direction […]
Pradipta Mukherjee
Regulation
There’s growing interest from Australian self-managed super [retirement] funds (SMSF) to invest in crypto but are being let down by a lack of regulatory clarity, Caroline Bowler, chief executive officer of Australian exchange BTC Markets said at an industry panel on Wednesday. See related article: Australia’s Holon Global got ahead of BlackRock with funds shrugging […]
Lachlan Keller
NFT Marketplaces
Tencent’s non-fungible token (NFT) marketplace Huanhe says it will allow buyers to refund purchased NFTs but will no longer issue the digital assets, citing a “focus on the company’s core strategic considerations.” See related article: Chinese e-commerce giant JD.com offers NFTs despite state media criticisms Fast facts The marketplace’s app will remain, but it will […]
Ningwei Qin
Regulation
The U.S Federal Reserve published what it called “final guidelines” for how crypto banks could be granted “master accounts” that are needed to transact directly with the Fed and the broader global banking system. See related article: Federal Reserve to taper bond purchases, prompting concerns over BTC impact Fast facts The Fed referred to these […]
Lachlan Keller
Regulatory News
Regulatory compliance will be critical to improving crypto's 'Wild West' image and public acceptance, writes Karen Er and Benjamin Bai of Amber Group. Here's why.
Karen Er
