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UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.

Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities

Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities

Stakeholders including the Silvergate Bank have responded to the OCC call recommending the regulator to improve US bank’s crypto capabilities.

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.

Kraken Amplifies European Footprint with BCM Acquisition

Kraken Amplifies European Footprint with BCM Acquisition

US-based cryptocurrency exchange, Kraken, has announced its plan to acquire Dutch crypto broker BCM as part of its European expansion strategy. This move aligns with the new MiCA regulatory framework, promoting a favorable investment climate in the region. The acquisition will enhance Kraken's service offerings and market position in the Netherlands.

Spain’s Regulator Clashes with Popular Football Star Andres Iniesta Over Binance’s Tweet

Spain’s Regulator Clashes with Popular Football Star Andres Iniesta Over Binance’s Tweet

Spain’s market regulator has confronted Andres Iniesta over his public acknowledgement he is getting started trading cryptocurrency on Binance platform.

Singapore's MAS Unveils Stablecoin Regulatory Framework

Singapore's MAS Unveils Stablecoin Regulatory Framework

Singapore's MAS releases a regulatory framework for stablecoins after public consultation in 2022. It aims to ensure value stability and sets key requirements for issuers.

Crypto Regulatory Developments: Congressional Review Act, DOJ Charges, and More

Crypto Regulatory Developments: Congressional Review Act, DOJ Charges, and More

A summary of recent regulatory actions and legal developments impacting the global crypto industry, for the period May 5 – May 20, 2024.

SFC Initiates Legal Action Against SoftMedx Healthcare and Former Directors

SFC Initiates Legal Action Against SoftMedx Healthcare and Former Directors

The SFC has commenced legal proceedings against SoftMedx Healthcare Limited and its former directors for alleged regulatory violations.

Crypto Market Dynamics: From Headwinds to Tailwinds in 2025

Crypto Market Dynamics: From Headwinds to Tailwinds in 2025

The crypto industry is poised for growth as 2025 brings regulatory clarity, increased capital flows, and improved fundamentals, according to Pantera Capital.

IOTA Enhances Network Compliance with Lukka Partnership

IOTA Enhances Network Compliance with Lukka Partnership

IOTA teams up with Lukka to integrate real-time compliance and risk assessment tools, bolstering regulatory trust and institutional adoption on its blockchain network.

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