Global #cryptocurrency regulation

On September 20, South Korea’s Financial Services Commission (FSC) announced its commitment to actively support the second phase of cryptocurrency legislation, recognizing the growing convergence of the virtual asset industry with traditional finance.

Russia is intensifying its crypto mining ambitions with a major new project in the Komi Republic. The northeastern region of the country has announced plans to build 15 new crypto mining data centers, signaling a robust commitment to expanding its digital asset infrastructure.

A new legislative initiative introduced in the U.S. House of Representatives seeks to enhance collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on cryptocurrency regulation.

This November, the United States faces a pivotal decision with the election of its next president. Republican candidate Donald Trump and Vice President Kamala Harris offer markedly different visions for the future of cryptocurrency regulation, which could have significant implications for the industry.

El Salvador's commitment to Bitcoin adoption is set to advance with the National Bitcoin Office (ONBTC) launching an extensive training program for government employees.

Bybit has been granted a license by Argentina’s Financial Intelligence Unit (FIU), allowing the cryptocurrency exchange to offer its complete range of products in the country.

Alabama Representative Mike Shaw, R-Hoover, has announced his intent to introduce legislation aimed at regulating cryptocurrency and blockchain technology in the state.

In a move that has sparked both intrigue and debate, a prominent Hong Kong lawmaker has proposed the inclusion of Bitcoin in the city’s fiscal reserves. This audacious suggestion reflects a growing interest in digital currencies as legitimate financial instruments and highlights Hong Kong's evolving stance on cryptocurrency regulation and investment.

Russian authorities have cracked down on cryptocurrency mining in a recent raid, seizing a staggering 500 crypto mining rigs from a facility believed to be a major Bitcoin mining hotspot.

With the 2024 presidential election approaching, the debate among industry leaders over who would be more beneficial for Bitcoin—Joe Biden or Donald Trump—has intensified.

Bankrupt Terraform Labs and its disgraced founder, Do Kwon, have reached a landmark $4.47 billion settlement with the U.S. Securities and Exchange Commission (SEC) following a jury verdict finding them liable for defrauding cryptocurrency investors in the infamous collapse of TerraUSD (UST) and LUNA.

In a move to tighten control over the burgeoning cryptocurrency sector, Argentine regulators are reportedly focusing their attention on third-party resellers of Worldcoin (WDC). This development comes amid growing scrutiny of the project within the Latin American nation.