Stablecoins have become an undeniable part of the crypto industry by merging traditional finance with digital finance. The prevalence of their usage in traditional finance has called for regulatory scrutiny across various countries. Today, stablecoin regulation is on the front lines when it comes to regulating the broader crypto market.
Binance, the largest crypto exchange, announced on April 23 that it will gradually introduce changes to crypto withdrawals and deposit procedures for users in South Africa. This step is taken in response to the local regulatory demands. The users of Binance in South Africa will be asked to provide further
United States is accelerating the process of creating a clear regulatory framework under Trump’s Presidency. The Securities and Exchanges Commission is hosting a series of roundtables to discuss on a wide variety of topics focusing on crypto regulation. Its latest announcement revealed the agenda, date, time, and primary focus of
The US federal judge paused the ongoing lawsuit against the SEC as there is a new leadership in place after Trump’s re-election. Attorneys from 18 US states filed this case in 2024 to fight the harsh stance of the SEC towards crypto firms in the country. Since the SEC is
Trump’s pro-crypto administration in the US is inspiring other government officials across global countries to regulate and adopt the crypto industry. South Korea presidential candidate Hong Joon-pyo made a vow to push crypto in the country, similar to how Trump did in the US. South Korean local media news outlet
Donald Trump’s re-election in the US has brought a significant shift to the crypto industry in the country. The long-awaited crypto regulation is on the table in the country. Lawmakers have already introduced several bills on crypto strategic reserve creation and stablecoin regulation. But there is no intimation regarding NFTs
Crypto regulation took a front seat among countries across the globe after the re-election of Donald Trump as the US president. Stablecoin regulation is already witnessing a clear progression in the US and other countries. As per the latest reports, Hong Kong’s regulator released a crypto staking guidance for licensed
The US government is speeding up its process of regulating the crypto space. It’s only been a couple of days since the STABLE Act was passed to regulate stablecoins. Today, the SEC came up with another announcement, which is also a major reform to stablecoin regulation. The latest Bloomberg article
Crypto community members have been watching the dispute between Justin Sun and Hong Kong financial institution, FDT. On the other hand, market prices have shown minimum movements in the last 24 hours. A recent report of surging crypto crimes have unsettled waves in the community. On turning to the regulatory
The vision of bringing clear regulatory policies for crypto, in particular for stablecoins, has finally become a reality today. Stablecoins are now a step closer to regulation, with 32 votes in favor of the STABLE Act bill. This acts as a significant step forward to regulate the broader crypto industry.
