Dubai VARA Fines: Enforcement Against Unlicensed Crypto
Dubai’s VARA fined seven unlicensed crypto firms AED 50k-100k and issued cease-and-desist orders. What happened, why licensing is mandatory, and enforcement in 2026.
Regulation
Government policy, laws and regulation shaping digital assets and the future of money.
Weekly Crypto Market Report: Regulatory Developments, Stablecoin Shifts, and Market Volatility
In this week’s report, we examine the latest happenings in the cryptocurrency market, including significant regulatory developments, shifts in stablecoin market shares, and the implications of recent volatility in traditional markets. This analysis is in cooperation with market data provider Kaiko. Regulatory Landscape Shifts Last week, the U.S. Securities and Exchange Commission (SEC) made headlines … Read more
Kamala Harris Announces Support for Cryptocurrency Regulation in 2024 Presidential Campaign
US Vice President and Democratic presidential nominee Kamala Harris has revealed her commitment to establishing a “regulatory framework for cryptocurrency and other digital assets” as part of her “Opportunity Agenda.” This announcement was made during her campaign trail in Erie, Pennsylvania, where she spoke to a group of Black entrepreneurs, aiming to garner support among … Read more
XRP Community Excited as Ripple’s Legal Battle with SEC Enters Key Phase
The XRP community is buzzing with excitement as Ripple’s lengthy legal battle with the SEC approaches a critical juncture. A recent post by Ashley Prosper on X has illuminated the next steps in the appeal process, igniting responses from prominent voices within the community. With Ripple’s Swell event coinciding with key legal deadlines, anticipation is … Read more
SEC’s Stance on XRP Futures Draws Criticism from Ripple CEO and Bitnomial
In the wake of the SEC’s decision to maintain its stance in the Bitnomial case—where the crypto derivatives exchange contested the classification of XRP futures as “security futures”—Ripple CEO Brad Garlinghouse has voiced his frustration. Garlinghouse took to Twitter to criticize the regulator for acting independently of the court’s ruling, which determined that XRP is … Read more
SEC Delays Decision on Ether ETF Options Again
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision regarding Ether exchange-traded fund (ETF) options. According to a filing dated October 11, the SEC has pushed back the ruling on a proposal from the Cboe Exchange, which seeks to list options tied to several popular Ether ETFs. Originally scheduled for a … Read more
Bitnomial Files Complaint Against SEC Over XRP Futures Regulation
On October 10, 2024, Bitnomial Exchange LLC took a significant legal step by filing a complaint in the United States District Court for the Northern District of Illinois against the U.S. Securities and Exchange Commission (SEC). The complaint seeks declaratory and injunctive relief, centering on what Bitnomial describes as the SEC’s overreach in regulating its … Read more
Cumberland Faces SEC Lawsuit Over $2 Billion in Unregistered Crypto Transactions
Cumberland, a prominent player in the cryptocurrency trading space, is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC) following allegations that it conducted over $2 billion in crypto asset transactions without adhering to federal registration requirements. The SEC’s complaint has raised significant concerns regarding Cumberland’s trading practices and regulatory compliance. … Read more
South Korea’s FSC Reconsiders Spot ETF Ban Amid U.S. Approval
The Financial Services Commission (FSC) of South Korea is set to reevaluate its long-standing ban on local spot exchange-traded funds (ETFs) and institutional accounts on cryptocurrency exchanges. This decision follows the U.S. approval of spot Bitcoin ETFs earlier this year, creating pressure on the FSC to reconsider its rigid stance. The newly formed cryptocurrency committee, … Read more
XRP Army Mobilizes Against SEC Appeal with Petition
In a united front, the XRP Army—a collective of millions of Ripple supporters, investors, and cryptocurrency enthusiasts—has initiated a petition in response to the SEC’s recent legal maneuvers against Ripple. Following the SEC’s appeal on October 2 against Judge Analisa Torres’s 2023 ruling that established XRP’s non-security status, the community is rallying to resist what … Read more