Regulation

The U.S. Securities and Exchange Commission is reconsidering how it handles exchange-traded funds with unusual or emerging asset mixes, including crypto-linked products. The move signals that the agency may be willing to revisit long-standing listing standards that have shaped the ETF market for years.

Architect Partners says SBI’s Bitbank acquisition is a bet on regulated scale rather than near-term earnings. The deal expands SBI’s custody footprint, customer base and broader digital asset push in Japan.

Coinbase and OKX moved quickly to attract Binance users in Europe after Binance warned it would restrict certain services without a MiCA license by July 1. Both exchanges are dangling bonuses and transfer incentives to win over traders seeking regulated alternatives.

Coinbase and OKX moved fast to attract Binance’s European users after Binance said it would suspend some services in the EU without a MiCA license. Both exchanges are offering incentives, underscoring how regulation is reshaping the regional crypto market.

Asset managers are accelerating plans to tokenize ETFs as investor demand and competitive pressure build around blockchain-based finance. BNY says firms are moving even as regulation, trading infrastructure and market structure remain unsettled.

Meta is reportedly developing Arena, an experimental prediction market app that would let users forecast outcomes across politics, sports, entertainment and global events. The project uses a points-based format for now, reviving Meta's Forecast effort as regulators intensify scrutiny of event contracts.

Illinois Governor J.B. Pritzker signed a $56 billion budget that includes a new 0.2% tax on digital asset business activity. The last-minute measure is now drawing scrutiny from crypto firms facing new reporting obligations.

BitGo says European crypto firms facing the MiCA deadline can use its Crypto-as-a-Service platform to transition clients into compliant sub-accounts. The move could give eligible firms a faster route to meet the new regulatory requirements.

The U.S. regulator closed its investigation into "Ethereum 2.0," Consensys said.

Bitcoin (BTC) and Ethereum (ETH) have experienced significant gains, with BTC rising by 2.8% to surpass $66,500 and ETH climbing to $3,240, fueled by reports suggesting the approval of spot crypto exchange-traded funds (ETFs) by multiple issuers in Hong Kong. Despite the absence of an official announcement from the Securities and Futures Commission (SFC), China Asset Management, Bosera Capital, and other applicants have claimed approval for listing spot bitcoin and ether ETFs on social media platform WeChat (Weixin).

Dive into the latest buzz in the crypto world as we unpack the ongoing shift in regulations. Governments globally are reevaluating their approach to digital assets, aiming for a balanced framework that fosters innovation while safeguarding users. Explore the key developments, industry responses, and the road ahead in this dynamic evolution of crypto regulations. Stay informed for a clearer picture of the crypto landscape in 2024.

Navigate the ever-changing landscape of cryptocurrency regulations in 2024, a phase commonly referred to as Crypto Regulation 2.0. Delve into the global dynamics shaping the industry as governments collaborate with industry experts, institutions, and blockchain organizations.