Regulation News

According to the Court, the NFTs have characteristics of value, scarcity, controllability and tradability.

KuCoin announce engagement with the international audit, tax, and advisory firm, the Mazars Group

Bitcoin investor and Galaxy Digital head Mike Novogratz called SBF delusional about the FTX incident and insisted on the need for propagators of the FTX crash to face criminal charges.

Italy's proposed budget for 2023 indicates investors will have to pay 26% tax for all crypto gains above €2,000.

In an apparent U-turn on Ethereum's commodity status, the CFTC Chair said only Bitcoin fits the description of a commodity.

After reiterating the need for crypto regulation in the EU, the ECB is back at it with allegations of price manipulation.

Brazilian lawmakers took a huge step forward for Bitcoin adoption by approving a framework bill recognizing digital assets as an investment class.

Singapore's MAS minister said banks in the country have "insignificant" exposure to crypto.

JP Morgan said regulation is coming to crypto following the FTX collapse and highlighted the importance of self-custody, asset security, and customer protection.

Belgian authorities said assets with issuers incorporated into instruments could be declared securities under its Prospectus Regulation.

Bank of England's Jon Cunliffe said the crypto space should be brought under regulation to provide stability.

The MAS revealed Binance was placed on the IAL because it actively seeks Singaporean users and has features that could be misinterpreted to mean it is licensed by the regulator.

Concerns surrounding Ethereum emerge following the FTX Exploiter's movement of stolen funds out of ETH and into BTC.

While Buterin appreciates Singapore's willingness to be supportive of crypto and blockchain, the country cannot have "one without the other".

On-chain data reveals that approximately 8-9 million ETH is currently staked across four centralized providers.

The Committee wants to hear from Sam Bankman-Fried, Binance and other related entities in the FTX's collapse.

FTX enabled withdrawals for Bahamian clients on Nov. 11 citing compliance with regulators, but the SCB contradicted the exchange's claims.

SEC Chairman Gary Gensler said the crypto industry needs better investor protection and investor education to avoid another FTX scenario.