Senate Banking Committee grills Paul Atkins over crypto ties as he vows SEC reforms
Paul Atkins, former SEC Commissioner and President Donald Trump’s nominee to chair the US Securities and Exchange Commission (SEC), appeared before the Senate Banking...
South Korean exchange UPbit saw massive earnings growth in 2024 amid regulatory hiccups
Dunamu, the parent company of South Korea’s largest crypto exchange UPbit, reported a significant increase in earnings for 2024, defying ongoing regulatory challenges.Chosun Bix,...
Congressman Emmer reintroduces Securities Clarity Act to define digital asset regulation
Congressman Tom Emmer reintroduced the Securities Clarity Act on March 26 alongside Rep. Darren Soto, reviving a bipartisan effort to clarify the classification of...
House introduces revised stablecoin legislation with compliance measures and developer protection
The US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on March...
Crypto firms urge Congress to rein in DOJ’s interpretation of money transmission laws
A coalition of 34 crypto industry organizations has sent a joint letter to congressional leaders urging them to address the Department of Justice’s (DOJ)...
South Korea blocks 17 overseas crypto exchange apps in registration crackdown
South Korea’s Financial Intelligence Unit (FIU) has blocked access to 17 overseas crypto exchange apps on Google Play for operating without proper registration, according...
SEC to host 4 additional crypto roundtables to tackle topics including trading, custody, DeFi
The US Securities and Exchange Commission (SEC) has unveiled plans to host four more crypto-focused roundtables in Washington, D.C., as part of its broader...
SEC ends probe into Immutable, signaling regulatory shift in blockchain gaming
The US Securities and Exchange Commission has formally closed its investigation into Australian web3 gaming firm Immutable, the company announced on March 25.Immutable, known...
Congress moves to overturn IRS broker rule targeting DeFi platforms, potential Trump signing on...
The US Senate is preparing to hold a final vote on March 27 to nullify the Internal Revenue Service’s (IRS) broker reporting rule for...
Asia Web3 Alliance seeks US-Japan collaboration to tackle regulatory challenges
Asia Web3 Alliance Japan has formally submitted a proposal to the US Securities and Exchange Commission’s (SEC) Crypto Task Force, urging the creation of...
