Does Hong Kong’s slow approach to crypto regulation risk stifling digital asset growth?
Hong Kong risks falling behind in crypto as the city is urged to speed up regulation to keep pace with the rapidly evolving industry.
Hong Kong risks falling behind in crypto as the city is urged to speed up regulation to keep pace with the rapidly evolving industry.
New York Congressman Ritchie Torres stated he is "more than happy" to work with the CFTC to develop a plan for regulating election betting contracts in the United States.
According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison.
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.
The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country.
The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations.
Though there was seemingly no evidence connecting them to his crypto policies, Gary Gensler has been subject to violent threats from individuals since at least 2022.
For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.