REGULATION
Binance Seeks Reentry to Japanese Market
Japan’s easing crypto approach attracts crypto exchange Binance to ask for reentry to this island nation after failing to do so four years ago due to stringent measures.
1 Million Aussies to Enter Crypto Over the Next 12 Months, Says Swyftx Survey
A study suggests that Australians are looking for alternative investment opportunities during a time of rising turbulence in international markets.
Britain to Introduce New Bill to Crack Down on Crypto Crime
The U.K. Parliament passed the first readings of an anti-money laundering bill against crypto, which aims to empower law enforcement agencies to seize, freeze or recover crypto in illegal activities.
House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins
U.S. House of Representatives is drafting a new bill to impose a two-year ban on issuing new algorithmic stablecoins similar to TerraUSD (UST), according to Bloomberg.
Australian Senator Bragg Releases New Draft on Digitial Assets
Australian Liberal Senator Andrew Bragg proposed a new draft of the titled Digital Assets (Market Regulation) Bill 2022, aimed at regulating digital asset exchanges.
UK FCA Warns of FTX Unauthorised Provision of Financial Services to Investors
The U.K.’s Financial Conduct Authority (FCA) issued a warning on its official website (FCA) that cryptocurrency exchange FTX may be providing financial services or products in the country without authorization.
Agency Needs to Prepare Regulating Crypto, Says CFTC Chair
Rostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC) noted that he has directed members to start preparing to be the major regulator in the crypto industry.
US SEC To Open New Office Dedicated to Crypto-Related Filings
The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms.
Digital Assets Should be Regulated as Part of Banking Industry: Ex-Regulator
Financial experts are advocating for digital currency innovation and activities to be subsumed into the banking industry, a move that will let regulators permit their overall growth.
Brazilian SEC Seeks Adjustment to Crypto Regulation
The Brazilian Securities and Exchange Commission (SEC) is pushing for adjustments to the legal framework of the crypto market in the country.