Regulation

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Ripple CEO Urges Congress to Pass Swift Legislation for Explosive Crypto Growth

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Game-changing crypto regulation could cement U.S. dominance in blockchain innovation, driving explosive growth and global leadership in digital assets. Ripple CEO Calls for Urgent US Crypto Legislation Robust legislation could decisively position the U.S. as the global hub for digital asset innovation while protecting consumers and revitalizing financial infrastructure, Ripple CEO Brad Garlinghouse told lawmakers. … Read more

Bank of Ghana Orders Mandatory Registration for All Crypto Firms

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The Ghanaian central bank has announced a mandatory registration process for all virtual asset service providers operating in the country. Registration Covers Broad Range of Crypto Activities The Bank of Ghana (BOG) has issued a public notice requiring all Virtual Asset Service Providers (VASPs) operating within the country to undergo a mandatory registration process. The … Read more

US Lawmakers Clash Over Crypto Bills That Could Blow Open Wall Street’s Back Door

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A high-stakes clash over crypto regulation is erupting as Republicans push controversial bills critics say imperil markets, embolden Trump’s digital gains, and erase oversight. Democrats Move to Kill Crypto Bills With ‘Anti-Crypto Corruption Week’ Strike Plan Democrats are intensifying their campaign against crypto deregulation, warning of national security and financial stability threats as Republicans accelerate … Read more

IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule

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The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified Finalized in December 2024, the rule sought to widen broker reporting under Section 6045 of the tax code … Read more

SEC Commissioner: Tokenization Promising, but No ‘Magic’ Exemption From Rules

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As tokenized assets gain traction and Wall Street accelerates blockchain adoption, the SEC is drawing a clear line: compliance will decide who wins the digital securities race. SEC’s Peirce Urges Compliance as Tokenization Models Evolve Investor enthusiasm for tokenized assets is climbing, but regulators are signaling that compliance—not just innovation—will define the market’s next phase. … Read more

New Zealand Says Crypto ATM Ban Aims to Close Money Laundering Loophole

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The New Zealand government has announced it is banning crypto ATMs as part of its efforts to enhance anti-money laundering and counter-financing of terrorism measures. New Zealand Says It Is Targeting Criminals, Not Legitimate Businesses The New Zealand government has announced a ban on crypto ATMs to bolster its anti-money laundering and counter-financing of terrorism … Read more

HMRC to Require Crypto User IDs for Tax Starting 2026

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The United Kingdom’s tax authority will implement new regulations starting January 1, 2026, requiring crypto asset users to provide tax identification numbers and other personal information to service providers. Streamlining Tax Assessments and Penalties The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has announced new regulations that will require crypto asset users … Read more

Pakistan Unveils Independent Crypto Regulator to Align With FATF and Global Standards

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On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of Virtual Assets and Trust The Pakistan government announced on July 8 the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), a body … Read more

Ripple CEO to Testify Before Senate on Crypto Reform and Market Structure Legislation

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U.S. crypto regulation is accelerating as Ripple’s top executive joins a pivotal Senate hearing that could redefine oversight, innovation, and investor protection across digital markets. Ripple CEO to Testify in Senate Crypto Hearing Amid Push for Regulatory Overhaul Momentum is building in Washington as lawmakers and industry leaders converge to shape the future of U.S. … Read more

Chinese Task Force Flags Illegal Stablecoin Schemes Amid Growing Interest

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A Chinese task force has issued a warning to Shenzhen residents about fraudulent investment schemes targeting stablecoins. Growing Stablecoin Popularity A Chinese task force created to combat illicit financial activities has warned Shenzhen residents to be wary of fraudulent investment projects preying on the public’s limited understanding of stablecoins. In an alert issued July 7, … Read more