Regulatory Updates
SEC Enhances Website for Improved Compliance, Functionality, and User Experience
Securities and Exchange Commission (SEC) announced updates to its website to enhance compliance with federal statutes and standards, as well as to...
Binance in Final Talks to Sell Majority Stake in Gopax to South Korean Cloud Service Provider Megazone
On 11 July, 2024, reports emerged that Binance is in the final stages of negotiations to sell a majority stake in South Korean crypto exchange Gopax...
Bank of Russia Analyzes Global Trends and Regulatory Approaches to Stablecoins
On 10 July, 2024, the Bank of Russia published an analytical report examining the economic and legal nature of stablecoins, alongside international...
Bank of Italy to Release Comprehensive Guidelines for Implementing EU Crypto Regulations
On 9 July, 2024, Bank of Italy Governor Fabio Panetta announced that the central bank will soon release guidelines to facilitate the implementation...
TON Network Integrates EVM Functionality in Collaboration with Polygon Labs
The TON Application Chain (TAC) and Polygon Labs have announced a strategic partnership to integrate Ethereum Virtual Machine (EVM) functionality...
Ethereum ETFs Near Approval as SEC Discussions Progress
The long-anticipated approval of spot Ethereum exchange-traded funds (ETFs) in the United States appears imminent, with several recent developments...
Paxful Co-Founder Artur Schaback Pleads Guilty to Money Laundering Conspiracy
On 8 July, 2024, Artur Schaback, co-founder and former chief technology officer of Paxful Inc., pleaded guilty to conspiracy to operate a crypto...
DigitalX Receives Regulatory Approval to Launch Bitcoin ETF on ASX, Trading starts July 12
According to Bloomberg, Blockchain-focused asset manager DigitalX has secured regulatory approval to launch its spot Bitcoin exchange-traded fund...
Dubai Customs launches Blockchain Platform for Efficiency and Transparency in Trade
In a move aimed at enhancing efficiency and transparency in commercial operations, Dubai Customs has announced the launch of its blockchain...
Governor Cooper Vetoes North Carolina Bill Banning Federal Digital Currency (CBDCs)
On 5 June, 2024, North Carolina Governor Roy Cooper vetoed a bill that would have prohibited the state from implementing a US Federal Reserve-issued...
Russia Expands Digital Ruble Project for International Payments Starting September 1
In a recent development, the Russian Central Bank announced on Thursday that it will accelerate and expand its digital ruble project, with the next...
Taurus Partners with UAE’s Zand Bank to Revolutionize Digital Banking and Crypto Services
Swiss cryptocurrency infrastructure platform Taurus has announced a strategic partnership with Zand Bank in the United Arab Emirates (UAE). This...