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US lawmakers express concern over crypto firms hiring former government officials

Five US Democratic lawmakers led by Senator Elizabeth Warren have written the heads of several financial regulators in the country, enquiring...

Australia confirms crypto transactions will be subject to capital gains tax

Australia confirmed cryptocurrency transactions would be taxed as an asset and no longer a foreign currency, according to budget papers 2022-23...

Is China about to catalyze the crypto bull market through Hong Kong?

Former BitMEX CEO Arthur Hayes posted an extensive Medium article titled “Comeback.”It went into depth on the complicated relationship between China...

Monetary Authority of Singapore proposes new measures to regulate crypto, stablecoins

The Monetary Authority of Singapore (MAS) published two consultation papers via its official website on Oct. 26, highlighting regulatory measures for...

UK lawmakers votes to recognize crypto as regulated financial instrument

UK lawmakers in the House of Commons have voted to recognize crypto as a regulated financial instrument in the country.The proposal,...

Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin

The Australian Securities and Investment Commission (ASIC) has launched legal action against BPS Financial Pty Ltd (BPS) over engaging in unlicensed...

FDIC acting chairman wants stablecoins to be safer before integration into financial system

The federal deposit and insurance commission (FDIC) acting Chairman Martin Gruenberg has acknowledged the role of stablecoins in the digital economy...

Blockchain advocacy groups file motion to support Grayscale in lawsuit against SEC

Four blockchain advocacy groups have filed amici curiae in support of Grayscale’s spot Bitcoin ETF lawsuit against the Securities and Exchange...

Macau’s Executive Council seeks to subject digital currencies to same regulations as fiat

MacauMacau’s Executive Council (CE) has submitted a draft of an umbrella regulatory framework that concerns the legal standardization of all currencies...

Elizabeth Warren-led US lawmakers demand probe of ERCOT’s support for Bitcoin miners in Texas

A group of U.S. lawmakers led by Senator Elizabeth Warren has asked the Electricity Reliability Council of Texas (ERCOT) to provide operational and financial...
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