Crypto bank, SEBA Bank has secured a license from Hong Kong’s Securities and Futures Commission for its subsidiary to operate crypto-related services in the city. The license allows SEBA Bank to be a dealer and distributor of all securities, including virtual assets-related…

Bittrex Global CEO Oliver Linch says the UK crypto asset regulation proposals released earlier this week are a step in the right direction. He said the proposal is necessary for the UK to become a true crypto hub. He added that although…

The financial regulator in Hong Kong, the Securities and Futures Commission (SFC) has released new guidelines for asset tokenization in the Chinese administrative region. In a circular released on Thursday 2 November, the SFC provided rules for intermediaries engaging in tokenized securities-related…

Web3 digital wallet company Backpack has announced it is launching a crypto exchange backed by Dubai regulatory license. The new exchange has already obtained a VASP license from the Dubai Virtual Assets Regulatory Authority. Named Backpack exchange, the trading platform will enter…

The Monetary Authority of Singapore (MAS) has partnered regulators in Europe for better policy on the regulation of crypto assets. According to a press release today, Monday 30 October, the agency is partnering Financial Services Agency of Japan (FSA), the Swiss Financial…

A senior official of the Federal Reserve, Michael Barr says stablecoins need to be regulated. Barr stated this on Friday in prepared remarks while speaking at a conference in Washington D.C. Barr, who is the vice chair of supervision at the Fed,…

Taiwan has proposed a bill for the regulation of crypto, which passed first reading at the parliament today Friday 27 October, reports say.  The special law proposed by parliament member Chang Chiang and 16 other lawmakers would require all crypto platforms operating…

Lawmakers in the U.S have called on the Department of Justice to investigate crypto exchange Binance and issuer of USDT stablecoin, Tether to ascertain their involvement with terrorism. This call comes following the terrorist attack on Israel a few weeks ago. In…

Coinbase has again filed for a dismissal of the securities and exchange commission (SEC)’s case against it. This is the second time the exchange has filed for a dismissal of the case. However this time, it says the SEC is out of…

The chairman of the U.S. securities and exchange commission (SEC), Gary Gensler says his agency is working on multiple Bitcoin ETF applications.  When asked on Wednesday about the ongoing review process for spot bitcoin ETFs, Gensler said “The staff is doing work…

Coinbase has been pushing for regulatory clarity for the crypto industry in the United States. The crypto exchange has been in court on allegations of securities laws violations, but insists that regulatory clarity is missing, and so there’s no basis for such…