South Korea’s top financial regulator ordered crypto exchanges to suspend new digital asset lending services, citing mounting risks and highlighting a need for clear rules. The Financial Services Commission (FSC) said…
South Korea’s financial regulators plan to release guidelines on cryptocurrency lending services next month in an effort to tighten oversight and protect investors amid growing concerns over leveraged crypto products.The…
US President Donald Trump released his plan to make the United States the “world capital” of artificial intelligence (AI) on Wednesday, outlining steps to ease data center regulations, revise federal…
Key Points:Hong Kong SFC addresses SMS phishing scams targeting licensed brokers.New guidelines prohibit sending transaction links via SMS.Licensed brokers urged to report unauthorized transactions.
Customers of licensed corporations in Hong Kong…
Key Points:The EDPB’s guidelines could render Bitcoin illegal across the EU.Blockchain’s immutability challenges GDPR compliance obligations.Significant risks loom for public blockchains using public keys.
Concerns among industry stakeholders are mounting, with…
Key Points:SEC clarifies broker-dealer rules for crypto assets and ETFs.Guidance aims to reduce regulatory uncertainty.Market sees potential for innovative crypto investment products.
The U.S. Securities and Exchange Commission issued guidance on…