Global #crypto industry

In the fast-paced realm of cryptocurrency, staying abreast of regulations while fostering innovation is paramount. KuCoin, a major player in the global crypto scene, has taken significant steps by registering with India’s FIU.

New York Attorney General Letitia James has issued a stern warning to cryptocurrency companies, emphasizing the importance of compliance with regulations. This comes in the wake of a record-breaking $2 billion settlement with the bankrupt platform Genesis Global Capital.

Coinbase is mulling over the addition of Core (CORE) to its list of supported cryptocurrencies, a move that could strengthen the Bitcoin ecosystem.

A bill known as the Financial Innovation and Technology for the 21st Century Act (FIT21), spearheaded by Republicans, has cleared the House and is on its way to the Senate for further consideration before potentially reaching President Joe Biden's desk.

Uniswap has responded to the SEC's Wells notice with a 43-page submission, arguing against potential enforcement actions. The company asserts that it doesn't fit the mold of a traditional exchange and points out that the SEC lacks jurisdiction over assets like bitcoin, ether, and stablecoins, which are the primary assets traded on its platform.

Democratic Party members of the United States House of Representatives have received an email urging them not to vote against two upcoming pro-crypto bills, although they are strongly encouraged to do so.