Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks

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On Monday, December 6, Japan’s Financial Services Agency (FSA) announced that it will propose legislation in 2022 that seeks to limit the issuance of...

Bancolombia to Offer Crypto Trading in Financial Regulator’s Pilot Program

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Bancolombia, Colombia’s largest bank, will be offering cryptocurrency trading to customers in a pilot program within a regulatory framework established by the country’s financial...

India Sees a Step Backward as Lawmaker to Advocate Crypto Ban

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Despite the recent progress being made with respect to the regulations of digital currencies in India, a Lok Sabha lawmaker, Nishikant Dubey, advocated that the...

Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

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Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer...

Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady’s NFTs + More News

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The company behind the FTSE 100, the primary reference point for the performance of the UK stock market, is set to develop a crypto...

BIS Sees ‘Important Role’ for DeFi, Pushes for Increased Regulation

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A new report from the Bank for International Settlements (BIS), sometimes called the central bank of central banks, has come to a somewhat unexpected...

Indian Crypto Bill: Exchange CEO Discusses What to Expect

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There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a...

FTX Shares 10-Point Regulatory Proposals to American Congress

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One of the world’s biggest cryptocurrency trading platforms, FTX Derivatives Exchange, has published a 10-point regulatory proposal aimed at helping American regulators to provide...

SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset class...

US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities Offerings

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The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake...