U.S. District Court Rules LBRY Token Is a Security
Following the ICO surge in 2017, the US Securities and Exchange Commission (SEC) spent years tracking different tokens that launched in this period. The goal of this research is to determine whether these tokens are utility tokens or illegal digital
Secret Service Unveils Cryptocurrency Awareness Hub
The cryptocurrency market has significantly grown over the past year, with the U.S. now being one of the largest crypto economies globally. Amidst this growth, the regulatory framework is also shifting. U.S. authorities have been working their way into regulating this
Hester Pierce Point Out Flaws in Gensler Regulatory Agenda
Hester Pierce, a U.S. Securities and Exchange Commission (SEC) Commissioner, has called out the SEC chair, Gary Gensler, over his newly released regulatory agenda. Pierce noted that the agenda failed to include features that will boost investor protection and help
Crypto CEOs Address Congress About Industry
The long-awaited meeting between the CEOs of top crypto companies and the U.S. House Financial Services Committee finally happened, raising various issues. At the center of these discussions was the issue of regulations in the industry. The discussion between the CEOs
Dubai Financial Authority Launches Regulatory Framework For Investment Tokens
The Dubai Financial Services Authority has rolled out a new regulatory framework for investment tokens. The new framework is one of the bold steps that the regulatory body has taken to oversee the digital assets sector. Under the new regulatory framework,
Brazil Cracks Down On Crypto Related Financial Crimes
One of the main challenges that cryptocurrencies face is legitimacy. Many government officials link cryptocurrencies to fraudulent dealings such as money laundering and terrorism financing. However, different jurisdictions have developed a new and differing set of rules to ensure cryptocurrencies are
Estonia Proposal To Revoke All Crypto Licenses
While the rest of the world is showing a more open approach regarding crypto assets and their regulations, Estonian regulators have decided to crack down on all exchanges in the country. Financial market regulators in Estonia want to revoke all licenses
Bank of England Says Crypto Rules A ‘Matter of Urgency’
Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England, has issued several recommendations on creating a stable crypto climate. The executive stated that a crash in cryptocurrency prices was “plausible” and that rules regarding crypto assets
SCA To License Crypto Trading In Dubai Freezone
Dubai financial market regulators have come together to make crypto asset trading legal in the Dubai World Trade Center Authority (DWTCA) zone. In a recent announcement, the DWTCA stated that it has partnered with the UAE Securities and Commodities Authority (SCA). The
18 U.S. Congressional Bills on Digital Assets in 2021
The regulatory framework surrounding digital assets in the United States has greatly changed this year. Jason Brett, a former Federal Deposit Insurance Corporation (FDIC) regulator, has stated that lawmakers in the U.S. have shifted their focus from private stablecoins and are