Category: Law of the Chain
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Brussels’ softer tone on foreign stablecoins sparks industry optimism
The EU Commission downplays ECB concerns about stablecoin risks, stating they are manageable under MiCA. Industry optimism grows as the EC adopts a softer stance on foreign stablecoin issuance.
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Court rejects Ripple and SEC bid to slash $125M penalty, keeps institutional XRP sales under legal constraint
A federal judge denied Ripple and the SEC’s request to remove a permanent injunction and reduce a $125M penalty, upholding the court’s earlier ruling on XRP sales.
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Indian politician calls for Bitcoin reserve pilot as US embraces BTC
Indian BJP spokesperson Pradeep Bhandari advocates for a Bitcoin reserve pilot, citing global trends and India’s renewable energy potential, while highlighting current crypto tax policies.
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South Korean Police Bust Fake Crypto Exchange Ring, Seize $3.2M Worth Of Crypto
South Korean police shut down a fake crypto exchange ring, seizing $3.2M in crypto. The group operated illegal foreign exchange services using Neteller Pay, violating financial laws.
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Hong Kong expands digital asset agenda with unified rules, tokenization push
Hong Kong expands its digital asset strategy with unified regulations and tokenization incentives to become a global financial innovation hub, balancing growth with risk management.
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Buy a House with Bitcoin? Use Best Wallet to Handle Crypto s Trump Opens Door for Crypto Mortgages
The US Federal Housing Finance Agency is considering allowing crypto assets to be used in mortgage risk assessments, following Trump’s push for crypto integration in the economy.
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Kraken secures MiCA license via Central Bank of Ireland to ensure EU operations continue
Kraken obtained a MiCA license from the Central Bank of Ireland, allowing it to operate across the EEA. The license covers all regulated crypto activities, ensuring compliance with EU regulations ahead of deadlines.
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Guotai Junan Shares Jump 200% After Securing Hong Kong Crypto Trading License
Guotai Junan International’s shares surged 200% after securing a Hong Kong crypto trading license, marking a significant move for Chinese firms in the regulated digital asset space.
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Invesco Throws in Hat for Solana ETF, Approval Rate at 90% – Coinspeaker
Invesco and Galaxy filed for a Solana ETF (QSOL), joining eight other issuers. Analysts predict a 90% approval chance by July, potentially boosting SOL’s price past $150 resistance to $170.
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Building Trust With U.S. Regulators Is Essential For Advancing Crypto Adoption
The article discusses the growing crypto adoption in the U.S., highlighting institutional interest, state-level Bitcoin reserves, and regulatory advancements that foster trust and growth in the sector.
