REGULATION
Cryptocurrencies are not issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.
Missing lawsuit response date, Ooki DAO faces default judgment.
The CFTC is seeking a default judgment against Ooki DAO. DAO missed the lawsuit response deadline. The record of default will show that the DAO did not appear in court. The court issues a default judgment if the defendant fails to defend a case.
Indonesia Plans to Strengthen Security for Crypto Investments
The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto investments to improve protection for investors, the Southeast Asian country's minister said on Thursday.
FTX's Fall Might Hurt CEO's Crypto Regulation Lobby
The mid-term election in the US is playing a role in influencing and reshaping the regulatory landscape of the crypto industry amid the turmoil brought about by the collapse of the crypto exchange FTX.
Crypto Exchange OKX Opens Regional Office in the Bahamas
OKX Exchange has created a new offshoot in the Bahamas after being registered
South Korean Regulators to Harden Punishments for Crypto Fraud Practices
South Korean legislature is mulling plans to tighten its grip on crypto fraud practices
Vitalik Buterin Shares Opinion On Crypto Regulation
Ethereum co-founder Vitalik Buterin on Sunday, shared his opinion on crypto regulation, expressing that he is happy exchange-traded funds (ETFs) are getting delayed.
Costa Rican Lawmaker Proposes to Regulate Crypto Market
Johana Obando, a congresswoman from the Central American country of Costa Rica, has introduced a bill to Congress requiring the government to regulate the crypto market and reduce taxes on cryptocurrencies, making Costa Rica a cryptocurrency-friendly country.
Hong Kong, Singapore Sees Diverging Approaches to Retail Crypto Trading
Hong Kong is planning to shift to a friendlier approach towards cryptocurrencies starting next year, according to a Bloomberg report, while neighbouring Singapore is planning to impose fresh restrictions on consumers.
Continuous Crackdown on Crypto by US SEC is a Bullish Factor for Investors - Report
The US SEC might be considered harsh for its crypto regulations, some investors use this as a basis for their investments in the space
MAS Seeks to Ban All Forms of Crypto Credits in Singapore
The Monetary Authority of Singapore wants crypto service providers to avoid issuing credits for consumers to trade crypto
CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto
Crypto regulation is inevitable. That is the message coming from both CFTC and SEC. But this has led to a political conflict between the top U.S. financial regulatory agencies.
UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM
Will Rishi Sunak's appointment as the next UK PM spell good fortune for the crypto industry?
African Crypto Exchange Yellow Card Taps VASP License in Botswana
Pan-African exchange Yellow Card has tapped the VASP license to operate in Botswana
UK Government Adds New Crypto Amendment In Finance Regulation Bill
The UK’s Financial Services and Markets bill published an amendment paper on Friday, portraying that the UK government is seeking to regulate crypto and ban unauthorized service providers.
Hong Kong Wants to Legalize Cryptocurrency Trading
Hong Kong wants to take action to become an international virtual assets center by launching several legal initiatives related to emerging technologies in the crypto industry.
