CryptoSlate
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Solstin opposes Lummis’ bill; says Bitcoin should be separate from other digital assets
U.S. Senate candidate Brian Solstin in a Tweet opposed Senator Cynthia Lummis ‘ bill aimed at incorporating digital assets into the U.S....
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CFTC may become main regulator for crypto industry
The Commodity Futures Trading Commission (CFTC) is garnering support to be the primary regulator for the crypto industry amongst stakeholders in...
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NY stablecoin issuers Gemini, Paxos have to ensure 100% reserves daily under new guidelines
The NY Department of Financial Services (DFS), which oversees regulated crypto companies in the state, on June 8 released formal guidelines for...
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Japan-based exchanges to change screening method for listing crypto assets
Japan Virtual and Crypto assets Exchange Association (JVCEA) plans to ease its strict screening process for listing new cryptocurrencies after the...
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South Korea eyes listing rules for crypto exchanges after LUNA scandal
South Korean lawmakers are calling on the country’s crypto exchanges to formulate guidelines for listing and delisting cryptocurrencies,...
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Hong Kong classifies NFTs as financial asset, mandates licensing
Hong Kong’s Securities and Futures Commission (SFC) recently published an advisory paper that recognized NFTs as “collective...
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SEC legal action over BNB token prompts fears over which altcoin is next
The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering when sold in 2017, Bloomberg News...
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New US bill looks to incorporate crypto into the traditional financial system
Senators Cynthia Lummis and Kirsten Gillibrand are ready to present a draft bill on crypto regulations to the U.S. senate. According...
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Lawmaker behind NY crypto mining bill clarifies it is not a blanket PoW ban
The controversial New York crypto mining bill is not looking to ban Proof-of-Work (PoW) crypto mining, Anna Kelles, the lawmaker who wrote and...
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Objectors to New York’s mining ban say governments can’t dictate ‘valid use of energy’
Ethereum ‘s co-founder Vitalik Buterin and Coin Metrics ‘ co-founder Nic Carter recently opposed the recent mining ban decision of...
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Japan passes a stablecoin bill focusing on investor protection following UST debacle
Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rein in the sector,...
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New York Attorney General issues new warning to cryptocurrency investors
Attorney General Letitia James issued an “ alert ” on June 2 warning New Yorkers about the dangers of investing in cryptocurrencies....
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Tech experts urge Federal Lawmakers to ‘resist’ crypto
A group of computer experts has signed a letter urging the US Congress to resist the influence of the crypto space and enforce a crackdown on the...
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EU regulators propose nixing crypto exchange licenses over money laundering breaches
Cryptocurrency exchanges should lose their licenses in case of severe breaches of anti-money laundering (AML) rules, EU regulators have...
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Why the Central African Republic intends to press ahead with Bitcoin
Central African Republic (CAR) President Faustin-Archange Touadéra is pressing ahead with plans to adopt Bitcoin as legal tender. This is...