Regulations News

Worldcoin (WLD), the cryptocurrency project co-founded by Sam Altman of OpenAI, has stirred significant attention in Ecuador since its introduction in June.

During the Crypto4Harris event on August 14, Senate Majority Leader Chuck Schumer and other prominent Democrats advocated strongly for clearer cryptocurrency regulations and bipartisan support to shape the industry’s future.

WisdomTree Asset Management recently received a “Wells” notice from the U.S. Securities and Exchange Commission (SEC) regarding three of its ETFs focused on environmental, social, and governance (ESG) criteria.

In a strategic move to bolster its position as a global leader in financial technology, Hong Kong is preparing to implement stricter regulations for digital assets over the next 18 months.

Tether’s CEO, Paolo Ardoino, has raised alarms about the European Union’s new Market for Crypto Assets (MiCA) regulation, suggesting it might increase systemic risk rather than provide stability.

On August 9, 2024, the Thailand SEC launched its Digital Asset Regulatory Sandbox, aiming to drive innovation within the country’s Bitcoin and digital asset industries.

Turkey has seen a significant increase in interest from cryptocurrency companies looking to set up operations within its borders.