Regulation News
Reserve Bank of Australia Chief: Private Stablecoins May Be Better Than CBDCs
In a recent panel discussion of the G20 finance officials meeting in Indonesia, Reserve Bank of Australia (RBA) governor Philip Lowe signall...
Australia 5th in Global Crypto Rankings: Report
Australia ranks fifth among the world’s top crypto-friendly economies, according to the latest quarterly global cryptocurrency ranking...
California Regulator Investigates ‘Multiple’ Crypto Lenders for Inadequate Disclosures
California’s Department of Financial Protection and Innovation (DFPI) has announced it is “actively investigating” crypto lend...
Australians Lost Almost $100 Million in 2021 to Crypto Investment Scams
Aussies lost more than A$2 billion to scams in 2021, including losses of A$84 million due to scammers seeking payment with cryptocurrency, a...
US Regulator Sued by Grayscale After Latest Bitcoin ETF Rejection
Historically, the Grayscale Bitcoin Trust (GBTC) was the primary vehicle for US institutional exposure to bitcoin. As jurisdictions includin...
Regulation is Good for BTC Price Action, Report
Bitcoin-focused financial services firm New York Digital Investment Group (NYDIG) has released a report in which it found that increased reg...
Crypto Ads Crackdown Expected Soon to Protect Australian Consumers
Caroline Malcolm, the Australian-born head of international policy at crypto security firm Chainalysis, believes the federal government will...
US Regulator Investigates Whether BNB Token is an ‘Unregistered Security’
US market regulator the Securities and Exchange Commission (SEC) has launched an investigation into whether global crypto exchange Binance v...
Aussie Consumers have Already Lost $200 Million to Investment Scams in 2022
The Australian Competition and Consumer Commission’s Scamwatch site has found that Aussies lost over A$205 million to investment scams bet...
Japan to Regulate Stablecoins to Protect Citizens Following UST Implosion
The Japanese government has agreed to pass a law that will regulate stablecoins, defining them as digital money and protecting Japanese citi...
ANZ Bank Pushes Forward With Stablecoin A$DC, But Isn’t That Bullish On Crypto Yet
The Australian and New Zealand Banking Group (ANZ) wants to extend the usage of its cash-backed stablecoin, A$DC, amid demand for access to ...
Bank of England Agrees to Rescue Collapsed Stablecoins, Protecting Holders
In the wake of the Terra ecosystem collapse, the UK’s financial and economic ministry, HM Treasury, has released a consultation paper ...