The Pakistani authorities began creating a legal framework to regulate the activities of local virtual asset service providers (VASP). The new requirements will be focused on compliance with the standards…

The European Securities and Markets Authority (ESMA) expresses concerns about the impact of cryptocurrencies on the financial system but notes that, at present, direct risks to the financial stability of…

Hong Kong’s financial regulator approved staking services for licensed companies. Additionally, a bill for regulating stablecoins is expected to be passed by late 2025. Source: LinkedIn / Julia Leung The…

The U.S. Securities and Exchange Commission (SEC) is planning to revisit several regulatory guidelines concerning crypto-assets, particularly the document on the application of the Howey Test to digital assets. Mark…

The Republic of Vanuatu, a popular offshore jurisdiction, established a legal framework regulating the digital assets market and ensuring a licensing regime for crypto companies. Vanuatu’s Parliament passed the Virtual…

The Federal Deposit Insurance Corporation (FDIC) removed the requirement for banks and financial institutions to notify the regulator in advance about planned crypto-related activities. FDIC representatives repealed the requirement (FIL-16-2022)…

The U.S. Securities and Exchange Commission (SEC) withdrew its appeal in the case against Ripple Labs, effectively ending the long-running legal battle with the company. Brad Garlinghouse, CEO of Ripple…

In recent months, there was a surge in interest among cryptocurrency and FinTech companies in the U.S. to obtain licenses that would allow them to operate as banks either at…

The Brazilian Parliament is set to review a bill that would allow local workers to receive a portion of their salary in virtual assets. The exchange rate will be regulated…