Europe Has 29 Regulated Stablecoins Under MiCA, So Why Zero Asset-Backed Ones?
Europe’s regulated stablecoin market is growing under the Markets in Crypto-Assets Regulation (MiCA), but one entire category remains empty. Nearly…
Category: Legal
CLARITY Act: White House Crypto Adviser & Coinbase Exec Slam Banks Over Absurd Delays
As the CLARITY Act faces repeated delays in the Senate, the White House is trying to mediate talks to resolve…
US seeks forfeiture of $3.4M in USDt tied to crypto investment scam
US federal prosecutors have filed a civil forfeiture action to recover roughly 3.44 million USDt tied to an alleged online…
Binance sues Wall Street Journal as newspaper says U.S. Dept. of Justice is investigating Iran transactions
Binance said it filed a defamation lawsuit against Dow Jones, the publisher of The Wall Street Journal, on the same…
Ghana opens crypto trading sandbox with 11 firms under new VASP law
Ghana’s Securities and Exchange Commission (SEC) said 11 companies have been granted access to a regulatory sandbox to test cryptocurrency…
Chen Zhi’s lawyers ask court to dismiss US seizure of over 127,000 Bitcoin
Lawyers for Chen Zhi, the Chinese-born businessman behind Cambodia-based Prince Holding Group, accused of links to global scam operations, have…
Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief
Stablecoin users won’t benefit from any government guarantee of their money when the new U.S. law is implemented to govern…
Georgia to allow companies to issue stablecoins backed by reserve assets
The central bank of Georgia has authorized resident companies to issue fiat-pegged stablecoins that must be backed by assets in…
Chinese regulators push for digital yuan as Hong Kong maintains stablecoin focus
Regulators in China are pushing for the revision of the People’s Bank of China Law, arguing that the 2003 law…