Regulations News

HSBC Australia has implemented a ban on payments to cryptocurrency exchanges starting July 24, 2024.

Russia’s parliament has passed a bill allowing companies to use cryptocurrency for international trade.

Senator Cynthia Lummis is opposing the Biden administration’s proposed 30% tax on the electricity used by Bitcoin miners.

South Korea’s Financial Supervisory Service (FSS) has summoned the nation’s top five cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—to address recent fee hikes amid new regulations.

The crypto industry is closely watching the potential for a second Donald Trump presidency as he vows to end President Joe Biden’s so-called crusade against cryptocurrencies.

Arthur Hayes, a prominent figure in the cryptocurrency space, is cautioning that the focus on crypto-friendly policies may wane once the 2024 election concludes.

South Korea’s Financial Services Commission (FSC) has rolled out a new law aimed at bolstering the protection of virtual asset users, effective from July 19.