Regulation

Hong Kong
Hong Kong Trading Platform OSL Suspends XRP Services as SEC Sues Ripple
The SEC is accusing Ripple of violating federal securities laws via sales of the XRP cryptocurrency to retail consumers.
Hong Kong

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Huobi Crypto Exchange Returning to US After Winning Nevada Trust License
After an abrupt departure over a year ago, Huobi has now secured a state trust license for its return to the U.S. market.
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Elvira Nabiullina, chair of the Bank of Russia
Bank of Russia Chair: Digital Ruble Is No Threat to Banks
Russian banks are concerned the digital ruble might hurt their business, but the Bank of Russia is nonchalant
Elvira Nabiullina, chair of the Bank of Russia

Robinhood
Robinhood Faces Legal Action from US Regulator Over 'Aggressive Marketing': WSJ
The Massachusetts Securities Division reportedly wants Robinhood to better protect its inexperienced traders.
Robinhood

London, U.K.
UK FCA Grants Crypto Firms Temporary Registration as It Deals With Applications Backlog
There had been fears in the industry that crypto firms might be left in no man's land as the FCA deadline looked set to pass with many applications still waiting to be process...
London, U.K.

Tallinn, Estonia
Estonia Has Withdrawn Licenses From Over 1,000 Crypto Companies This Year
The mass license revocation still leaves around 400 virtual currency service providers (VASPs) licensed in Estonia, according to the finance ministry.
Tallinn, Estonia

'Too Slow and Too Ambiguous' SEC Commissioner Hester Peirce on Crypto Regulation
‘Too Slow and Too Ambiguous’ SEC Commissioner Hester Peirce on Crypto Regulation
Hester Peirce is an SEC Commissioner and fierce advocate for smart, pro-innovation regulation of the crypto industry.
'Too Slow and Too Ambiguous' SEC Commissioner Hester Peirce on Crypto Regulation

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How the Incoming Administration Can Fix Crypto Regulation
From securities law to DeFi, there's a lot for U.S. regulatory agencies to clarify about crypto in the year ahead.
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FinCEN director Kenneth Blanco
FinCEN Encourages Banks to Share Customer Information With Each Other
The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report databas...
FinCEN director Kenneth Blanco

Mumbai, India
India's Banks Are Once More Serving Crypto Traders and Exchanges
Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed.
Mumbai, India