Regulation

The government of Argentina is calling on all local crypto firms to register with its new regulatory body dedicated to the sector – or to cease operating entirely. On March 14, the nation’s senate passed legislation approving the Registry of Virtual Asset Service Providers, in line with recommendations from the Financial Action Task Force. More Regulation In Argentina? Argentina’s National Securities Commission (CNV) announced the registry’s creation on March 26, saying the...

CoinspeakerBitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges US's success with Bitcoin ETFs challenges Japan's stricter regulations on crypto investment products. Bitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges

CoinspeakerBinance Top Exec Flees Detention in Nigeria Anjarwalla, Binance’s Africa regional manager, alongside the financial crime compliance officer Tigran Gambaryan, was arrested and detained on February 26, 2024. Binance Top Exec Flees Detention in Nigeria

The derivatives arm of the largest American cryptocurrency exchange, Coinbase, intends to launch futures trading contracts for Dogecoin DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. According to several letters filed with the United States Commodity Futures Trading Commission (CFTC) earlier this month, Coinbase Derivatives will launch monthly cash-settled and margin futures contracts for the cryptocurrencies on or after the coming April Fools’ Day. Futures...

CoinspeakerShorthanded EU Struggles in Crypto Regulation Risk Falling behind Global Standards EU's securities watchdog ESMA struggles to keep pace with crypto regulations as ESMA confronts resource constraints. Shorthanded EU Struggles in Crypto Regulation Risk Falling behind Global Standards

Cryptocurrency exchange OKX has reportedly said that its services in India are being discontinued due to local regulations. In an email notification sent on March 21st, the platform urged users in the country to close their positions by the end of April. The latest development comes on the heels of a continued crackdown on global crypto exchanges by the Indian government. OKX Calls its Quits India has intensified its efforts to tackle illegal operations by exchanges within...

CoinspeakerSaudi Arabia in Talks with VC Giant Andreessen Horowitz to Build $40B AI Fund Two insiders disclosed that negotiations have not reached a final stage and chose not to reveal their identities due to press communication regulations. Saudi Arabia in Talks with VC Giant Andreessen Horowitz to Build $40B AI Fund

CoinspeakerSouth Korean Political Parties Vie for Crypto Investor Support Ahead of General Election South Korea's upcoming election sees cryptocurrency's rising influence as parties propose contrasting policies, sparking debates over taxation and regulation. South Korean Political Parties Vie for Crypto Investor Support Ahead of General Election

The markets are rallying exuberantly for BTC for a couple of reasons this March. Institutional investors bought deep after the SEC opened up Wall Street access to Bitcoin price exposure through custodial spot ETFs. That only adds to the scarcity shock with the supply halving coming up next month. However, many blockchain crypto trading strategists think it is hard to overstate the importance of the ETF approvals by the Securities and Exchange Commission. The new paradigm does...

Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of senators Jack Reed and Laphonza Butler and defends the necessity of expanding the ETF market to include assets beyond...