In the eyes of some American lawmakers and businesses, the U.S. is stifling innovation with its sometimes confusing and often heavy-handed approach to regulating the crypto space. But Web3 companies are hoping the…
The Reserve Bank of Australia and Treasury have been holding private meetings with executives from Coinbase, with discussions revolving around the future of crypto regulation in Australia. Responding to Cointelegraph’s request for comment,…
Yet another crypto-friendly bank has been forced to shut its doors: Signature Bank – the bank numerous crypto firms retreated to after Silvergate revealed operational difficulties earlier this month. As with Silicon Valley…
Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being investigated by the New York Department of Financial Services (NYDFS). A “person familiar…
Crypto companies were put on notice on Monday when New York regulators issued a new warning about how to properly handle their customers’ digital assets. In an open letter addressed to the industry,…
Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector. According to the deputy director-general of the Financial…
The Federal Reserve and two other U.S. regulators today issued a warning to banks about cryptocurrencies. In a joint statement, the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation…
According to a new press report published by South Korea’s National Intelligence Service (NIS), North Korean hackers have stolen more than 800 billion Korean won ($620 million) worth of cryptocurrencies from decentralized finance,…
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With FTX’s collapse spurring global regulators into action against the crypto industry, the Canadian Securities Administrators (CSA) are no exception. On Monday, the association announced an expanded ruleset pertaining to crypto trading platforms…
A United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies saying the sector should take a “cautious approach” and seek permission in some cases when engaging with crypto or…
Crypto lender Nexo today announced it will gradually phase out U.S. products and services over the coming months due to hitting a “dead end” with regulators. The U.K. company said in a Monday…
New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more…
Germany’s financial markets regulator BaFin has cautioned Coinbase about its German operations following an audit by Deloitte. The regulator instructed the crypto exchange to put a “proper” business structure in place after the…
Cryptocurrency exchange FTX, its FTX US division, and founder and CEO Sam Bankman-Fried are being investigated by Texas regulators over potential securities violations, according to a state filing. Regulators are probing whether yield-bearing…