Regulations & Laws
Global financial regulators are frequently making changes to the laws overseeing the crypto industry. Stay updated with the latest crypto regulations from all over the world right here on SCN.
The Hong Kong Securities Futures Commission (SFC) is expected to be publishing licencing requirements for cryptocurrency exchanges in May.
The proposals were revealed on April 27 by Bloomberg, who quoted remarks made on…
For the first time in Hong Kong's history, the High Court ruled that digital currency should be regarded as property that can be held in trust.
The decision effectively equates cryptocurrency with other…
The European Union became the first major jurisdiction in the world to enact an exhaustive crypto law on Thursday, passing Markets in Crypto-Assets (MiCA) by a vote of 517 to…
In an effort to push for a more welcoming regulations for companies that innovate the finance industry, Germany's finance ministry has recently introduced a newly drafted legislation of the “Future…
The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng Zhao, alleging that the company deliberately broke the law by offering unregistered crypto derivatives products in the…
According to a March 8 Wall Street Journal article, US President Joe Biden will suggest alterations to crypto taxes in a forthcoming budget plan on March 9, 2023.
It is reported…
The Financial Action Task Force (FATF), an international group created to combat money laundering and the funding of terrorism, revealed the results of its plenary meeting on Friday. Representatives from…
Kevin O'Leary of Shark Tank fame has recently provided his perspective on the cryptocurrency sector in response to a number of enforcement proceedings taken by the U.S. Securities and Exchange…
The Australian government recently published a consultation document on token mapping and requested feedback from interested parties by March 3, 2023.
The initiative was first revealed in last year's August, which occurred around…
The U.K. government has officially unveiled plans to regulate the cryptocurrency industry in an effort to curb negligent business practises that have evolved over the past year and led to…
Hong Kong to Release Crypto Exchange Licensing Guidelines on May
The Hong Kong Securities Futures Commission (SFC) is expected to be publishing licencing requirements for cryptocurrency exchanges…
Crypto Assets Declared as Property by Hong Kong’s High Court
For the first time in Hong Kong's history, the High Court ruled that digital currency should be…
EU Legislators Voted to Establish New Crypto Licensing Regime
The European Union became the first major jurisdiction in the world to enact an exhaustive…
Germany to Roll Out Welcoming Laws for Firms to Offer Crypto Shares
In an effort to push for a more welcoming regulations for companies that innovate the…
Binance CEO Sued by U.S. Regulator Over Sales of Unregistered Crypto Products
The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng…
U.S. President Biden Reveals Plan to Update Crypto Tax Laws
According to a March 8 Wall Street Journal article, US President Joe Biden will suggest…
More than 200 Jurisdiction Representatives Agree to Implement FATF Crypto Standards
The Financial Action Task Force (FATF), an international group created to combat money laundering and…
Kevin O’Leary Comments on How the US Crypto Regulation Becomes More ‘Aggressive’
Kevin O'Leary of Shark Tank fame has recently provided his perspective on the cryptocurrency sector…
Australia Unveils Token Mapping Consultation Paper
The Australian government recently published a consultation document on token mapping and requested feedback from interested…
UK Lays Out Plans to Set “Robust” Crypto Regulations
The U.K. government has officially unveiled plans to regulate the cryptocurrency industry in an effort…