Regulations News

The European Union is on the cusp of a major financial transformation as it considers the inclusion of crypto assets in its $12.88 trillion investment fund framework known as Undertakings for Collective Investment in Transferable Securities (UCITS).

On Wednesday, the US House of Representatives voted on a resolution rejecting the Securities and Exchange Commission's (SEC) guidance on cryptocurrency reporting, known as “Accounting Bulletin No. 121” (SAB 121).

The US Securities and Exchange Commission (SEC) has characterized Ripple's proposed stablecoin as an "unregistered cryptoasset", saying it serves as evidence of the company's potential to continue unregulated activities without a permanent ban.

Joseph Lubin, co-founder of Ethereum, expressed concern about the regulatory stance of the US Securities and Exchange Commission (SEC), saying that their current approach to cryptocurrencies will have a significant impact on the future of the industry.

The CEO of trading company Robinhood has spoken out against the US Securities and Exchange Commission (SEC) after receiving a “Wells Notice”, a formal notice of impending enforcement action from the regulator.

QCP Capital, a key player in crypto options trading, has received initial approval to establish operations in Abu Dhabi, signaling further expansion of crypto firms in the Middle East.

Reports suggest that the Australian Taxation Office (ATO) has requested personal data and transaction details from crypto exchanges for up to 1.2 million accounts.