Crypto service providers are required to remove unlicensed stablecoins due to new European regulations. Kraken is developing a dollar-pegged stablecoin and plans to issue it by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
Argentine regulators said they had no right to intervene to resolve the dispute because the sale of Libra was beyond their jurisdiction. Argentina's National Securities Commission (CNV) "has so far chosen not to intervene" in the LIBRA incident "because the current regulatory framework does not cover token advertising on decentralized platforms".
According to reports, Liang Fengyi, chief executive of the Hong Kong Securities Supervision Commission, said at the Consensus Forum that the virtual asset roadmap will be released this afternoon, and forward-looking strategies will be formulated by studying the future development direction. Among them, expanding the products and services of licensed virtual asset trading platforms, is considering allowing pledges, providing derivatives for professional investors, and is also considering providin...
On February 17, according to Cointelegraph, the Bank of Italy and the securities regulator are in discussions with crypto service providers to ensure adequate safeguards are in place to deal with financial and cyber security risks. Fabio Panetta, the governor of the Bank of Italy, discussed key issues such as cyber security risks related to crypto assets, digital finance, and global and European regulation at the 31st AssiomForex Congress on February 15.
On February 15, according to Hong Kong media Ming Pao, the Hong Kong Securities Supervision Commission held a virtual asset advisory group meeting with the licensed virtual asset trading platform (VATP) for the first time yesterday. Liang Fengyi, chief executive of the Hong Kong Securities Supervision Commission, said that after the establishment of the group, VATP licensees can provide opinions on the future operation of VATP, improving the liquidity of virtual asset transactions, and enhancing...
According to regulatory filings filed with the Securities Exchange Commission, Goldman Sachs currently holds only $3.60 million worth of the Grey Release Bitcoin Trust GBTC, following the increase in its holdings of BlackRock and Fidelity Bitcoin ETFs. According to official Grey Release data, as of February 14, GBTC's bitcoin holdings have dropped to about 200,000 (200,118.5305 BTC), with a market value of $19.45 billion.
According to a public regulatory filing, the New York Stock Exchange submitted a proposal to the SEC to allow grey release of Ethereum ETFs as collateral.
Mr. Waller, the Fed governor, said US regulators should deal directly with the risks of stablecoins, which would benefit from regulation and could expand the global role of the dollar by allowing banks and non-banks to issue them.
3iQ filed a preliminary prospectus with the Ontario Securities Commission and other Canadian regulators on January 28 to list the 3iQ Solana Staking ETF and 3iQ XRP ETF on the Toronto Stock Exchange. If approved, they would be the first exchange-traded funds globally to offer exposure to Solana and XRP. 3iQ, a global digital asset investment manager with $1 billion of assets under management, Toronto-based Sol Strategies announced Tuesday that it has been selected as the pledge provider for 3iQ ...
According to Jin Ten, European privacy regulators will discuss DeepSeek at a meeting on Tuesday local time.
The Russian communications regulator Roskomnadzor has blocked the widely used crypto platform BestChange, one of the largest aggregation platforms for over the counter (OTC) cryptocurrency exchanges in Russia and Eastern Europe. Although Roskomnadzor did not disclose the specific reason, BestChange has been placed on the list of restricted access websites. Platform representatives said that the legal team is actively dealing with the unblocking.
The China Securities Supervision Commission issued the "Implementation Opinions on the" Five Great Articles "on Doing a Good Job in Finance in Capital Markets". Increase support for scientific and technological innovation in the multi-level bond market. Promote the high-quality development of scientific and technological innovation company bonds, optimize the issuance and registration process, encourage relevant institutions to provide credit enhancement support for the issuance of bonds by scie...
South Korea's Financial Services Supervisory Authority (FSS) plans to implement new measures aimed at preventing wild price swings of cryptocurrencies after they are listed on exchanges. The decision was made after observing significant price swings for the Movement (MOVE) token, which went live in December. South Korea's Financial Services Supervisory Authority (FSS), in collaboration with crypto exchanges, the Digital Asset Exchange Alliance (DAXA), and outside experts, has set up a special pr...
Franklin Templeton Investments said it was seeking regulatory approval to launch a new crypto index ETF. Several companies have applied to approve ETFs for cryptocurrencies other than Bitcoin and Ethereum, such as SOL and XRP, which are still pending. Franklin Templeton said in a regulatory filing: "The fund may not currently hold any digital assets other than BTC and ETH. It is uncertain whether additional digital assets will be added to the underlying index in the future."
Cryptocurrency exchange Kraken is preparing to remove several stablecoins for customers in the European Economic Area as the European Union's Crypto Asset Market Supervisory Authority comes into full effect. The exchange announced that it will gradually remove margin trading restrictions on USDT, PYUSD, EURT, TUSD and UST for EEA users starting on February 13. Spot trading will stop on March 24, open orders will be cancelled, and assets will no longer be exchanged for cryptocurrencies or fiat cu...