Crypto Regulation

In a weekend announcement, US President-elect Donald Trump reaffirmed his support for the cryptocurrency sector and emerging technologies by appointing key figures to influential roles in his administration.

In 2023, the wallet provider suffered a $100 million hack, leading to lawsuits. It is now among several crypto firms banned from operating in Malaysia.

Singapore has become a top crypto hub in 2024 by issuing more licenses and offering clear, supportive regulations, attracting major global players. In contrast, Hong Kong faces delays and restrictive policies, causing challenges for its crypto industry.

Former South Korean lawmaker Kim Nam-guk was sentenced to six months in prison for hiding $6.8 million in cryptocurrency during financial disclosures.

Bybit will end its services in France by 8 January 2025 due to strict regulations from the French Financial Markets Authority (AMF). Customers must withdraw funds before the deadline or transfer assets to Coinhouse, a licensed local custodian.

The US Senate Banking Committee has cancelled Caroline Crenshaw’s renomination, ending her tenure as SEC commissioner. Known for her anti-crypto stance, Crenshaw opposed Bitcoin ETFs and pushed for stricter crypto oversight. While the crypto community celebrates, is the victory premature?

SEC Chair Gary Gensler has intensified scrutiny of Elon Musk, targeting Neuralink with a 48-hour settlement ultimatum. Musk responded with satire, portraying Gensler as a snail in a suit. Is this Gensler’s last move before his expected resignation?

President-elect Donald Trump has pledged to make the US a leader in cryptocurrency, declaring, “We’re going to do something great with crypto” after ringing the NYSE bell. But can he turn this promise into action or is it just rhetoric?

Japan is set to launch its first cryptocurrency-backed credit card in 2025, a partnership between Slash Vision Labs and a major Japanese credit card issuer. This development signals Japan's increasing adoption of Web3 technologies and raises the question: Will 2025 be the year cryptocurrencies go mainstream?

El Salvador and Argentina have signed an agreement to collaborate on cryptocurrency regulation and innovation in Latin America. The deal aims to share expertise, boost crypto growth, and strengthen the regulatory framework for digital assets in both countries.