Major global crypto exchange Bybit announced the launch of Bybit.nl as a new regulated crypto trading platform in the Netherlands.
Regulation News
Crypto regulation is an umbrella term for the network of laws, statutes and legal practices surrounding the crypto and blockchain industries. Since Bitcoin's 2008 white paper, the legal status of these industries has been the subject of a huge amount of conversation. Lawmakers and regulators have had to cope with an entirely new set of concerns. Some governments have reacted hostilely, seeing crypto as a threat to monetary control. Others have embraced the industry for its capacity to link distant economies and facilitate trustless transactions across the globe. But most of the world is still figuring out exactly how to legislate, regulate and prosecute the set of laws surrounding such a young industry.
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By Dec. 1, agencies must establish specific safeguards for AI applications that could affect the rights or safety of Americans, as outlined in a White House fact sheet.
1658The Indonesian financial authorities said that by the beginning of 2025, the government will implement a regulatory sandbox for crypto assets in an effort to prevent fraudulent investments.
2248According to the order, the assets allegedly are the proceeds of criminal activities linked to Michael Patryn, a co-founder of Quadriga Coin Exchange, and Gerald Cotten.
6108A U.S. judge has determined Coinbase’s self-custody crypto wallet doesn’t make it a broker, which lawyers say is a “significant setback” for the SEC and a boon for DeFi.
15991The crypto exchange is sweetening the deal for loyal customers as it faces new legal challenges.
17082The judge said the case would be dismissed “with prejudice” barring any last-minute amendments.
8683More than 500 days after FTX filed for bankruptcy, the world will soon learn whether former CEO Sam Bankman-Fried remains in prison for decades or receives a lenient sentence.
6250Staking rewards could create a taxable event for shareholders and introduce new risks associated with the fund.
6678Coinbase’s motion to drop the SEC’s case against the exchange was denied in court, allowing the regulator to proceed with its lawsuit.
5343Lawyers for FTX say that customer claims for four SBF-linked cryptocurrencies: MAPS, OXY, SERUM, and BOBA should be heavily discounted or reduced to zero.
11342On March 28, Judge Lewis Kaplan will decide how long former FTX CEO Sam Bankman-Fried will remain in prison following his conviction on seven felony counts.
9473The SEC’s filing on a proposed $1.95 billion in fines and penalties for Ripple suggested the firm needed an incentive to stop violating laws beyond “just the cost of doing business.”
7376According to a letter for SEC Chair Gary Gensler, leaving Ether in regulatory limbo between the SEC and CFTC could have "irreparable consequences for the digital asset markets.”
14144The crypto exchange is the seventh largest by 24-hour trading volume.
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