Australia appears ready to follow with a full set of comprehensive crypto regulations. The sector has enjoyed gigantic political party support. While the current Albanese government initially pledged action by 2023 but failed to deliver legislation, the opposition has promised swift action if elected. Even with the delay, the Treasury...
As we approach the end of 2023, the XRPL NFT ecosystem is alive with innovation and development. “Nifties,” as they’re sometimes known, are stealing the headlines, and marketplaces are springing up faster than you can say “the future is decentralized.” There's a looming question that keeps me, and should keep...
The crypto landscape in Europe is set to experience a radical change. This transformation is primarily driven by the adoption of the Markets in Crypto-Assets (MiCA) regulation. Completing the picture This detailed framework is intended to govern crypto-assets, stablecoins, and crypto-asset service providers across the EU. MiCA has generated considerable...
Paolo Ardoino, CTO of Tether, has previously voiced grave concerns over the Markets in Crypto-Assets (MiCA) regulation. He thinks it would have a big impact on the stablecoins, in particular, Tether. Ardoino is adamant that following European law would result in severe and irreparable harm. He even goes so far...
Europe is playing a dangerous game. While the intent behind the Markets in Crypto-Assets (MiCA) regulation is laudable – protecting consumers and fostering a safe crypto environment – its current form, particularly concerning stablecoins like Tether (USDT), risks crippling the very innovation it seeks to safeguard. Paolo Ardoino, Tether's CEO,...
The SEC has recently dismissed its case against Ian Balina. Ultimately, this judicial decision seems better understood as a cautionary indication than a legal determination. We’re not just talking semantics here — we’re talking about a possible tectonic shift in how the U.S. regulates crypto. The vague official line is...
The landscape of cryptocurrency regulation is far from certain. These recent developments are cause for excitement. Recently, the SEC dropped its case against crypto influencer Ian Balina—a sign that the tides may be turning in the regulatory environment for crypto. Taken together, this sudden policy shift raises serious questions about...
Today the Securities and Exchange Commission (SEC) announced that it will no longer pursue its case against crypto promoter Ian Balina. This development marks another step away from large-scale enforcement actions against the crypto industry. This decision comes on the heels of a string of similarly adverse actions by the...
Meanwhile, the UK continues to crow about becoming a global crypto hub. It’s starting to sound like just talk. Politicians have their heads so deep in their own congratulatory back-pats. At the same time, Southeast Asia’s dynamic creative ecosystems—from artists to developers to entrepreneurs—stand hoping to reap the bounties of...
Not so long ago, the UK imagined itself a top global center for crypto innovation. New analyses indicate those aspirations are slipping away. Marcin Kowalczyk, a blockchain regulatory analyst, notes that the UK's approach to crypto regulation, while aiming for a balance between innovation and consumer protection, is falling short...
