Month: June 2024

The world of NFTs is rapidly evolving, and regulatory bodies around the globe are scrambling to keep pace. South Korea’s Financial Services Commission (FSC) has recently taken a step forward, issuing guidelines that clarify how they categorize non-fungible tokens. Not All NFTs Are Created Equal The key takeaway? Not all…

The world of cryptocurrency has been grappling with a key question: who gets to call the shots?  A recent decision by a US appeals court could signal a shift in the regulatory landscape, potentially offering some positive signs for the crypto industry. The SEC vs. Transparency: A Familiar Tune The…

As the Markets in Crypto-Assets Regulation (MiCA) rules come into effect at the end of the month, Binance is preparing to comply with these new regulations regarding stablecoins in the European Economic Area (EEA). This move aims to ensure a smooth transition for users from unauthorized to regulated stablecoins. Understanding…

The European Banking Authority (EBA) has made significant strides in shaping the regulatory landscape for crypto assets in Europe by introducing a comprehensive set of technical standards and guidelines under the Markets in Crypto-Assets (MiCA) regulation. This move is a crucial step towards ensuring the stability and security of crypto-assets…

Brazil Tightens Crypto Regulations: Tax Authority Summons Foreign Exchanges for InformationIn a significant move to regulate the burgeoning cryptocurrency market, Brazil’s tax authority is taking steps to summon foreign crypto exchanges for information regarding their operations and their cooperation with local service providers. This initiative underscores the government’s intent to…