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Regulation
Blockchain devs expect complications from EU smart contract kill switch
The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a…
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UK Finance Minister proposes a sandbox initiative for crypto regulations
UK Chancellor Jeremy Hunt has revealed plans for a cryptocurrency legislative initiative.
The government aims to pass…
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BlackRock met with SEC officials to discuss spot Bitcoin ETF
Representatives from BlackRock and the Nasdaq met with the United States Securities and Exchange Commission to discuss the proposed rule allowing the listing of a spot Bitcoin (BTC) exchange-traded fund, or ETF.According to a Nov. 20 SEC…
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US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
The United States Department of Justice announced it had seized roughly $9 million worth of Tether (USDT) following the stablecoin issuer freezing funds connected to a criminal organization responsible for romance scams.In a Nov. 21…
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ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms
ARK Investment Management, a cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, isn’t giving up on its efforts to launch a spot Bitcoin exchange-traded fund (ETF) in the United States.On Nov. 20, ARK Invest …
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Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning toward a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won’t be…
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Cybersecurity expert backs Sen. Warren’s crypto bill in Senate hearing
United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with a cybersecurity expert endorsing her legislation on digital assets to prevent future scams.In a recent…
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IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival.
CBDCs are a potential cash replacement,…
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Dubai’s crypto regulator VARA switches leadership as it ramps up operations
Dubai’s dedicated crypto regulator, the Virtual Asset Regulatory Authority (VARA), is switching leaders as it prepares for the next phase of its “ramp up to full-scale market operations” in 2023. In a statement sent to Cointelegraph,…
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Germany’s Commerzbank obtains crypto custody licence
Commerzbank has become the first full-service bank in Germany to receive regulatory approval for a crypto custody…
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