Crypto Advocate Nominated to Lead CFTC
Brian Quintenz, Head of Policy at @a16z’s crypto division, has been nominated by Donald Trump to lead the CFTC, praised for his pro-crypto stance. #Breaking #Crypto (+9) ↗ (Source: News.Bitcoin)
Regulation
Crypto Legalization in Ukraine by 2025
Ukraine is set to legalize cryptocurrency by mid-2025, according to Danilo Getmantsev, marking a significant step towards integrating digital assets into its financial system. #Update #Legal #Crypto (+4) ↗ (Source: News.Bitcoin)
Cryptocurrency Regulation Debate Unveiled in Ukraine
Hodl.Press: Ruslan Magomedov of the National Commission for Securities and the Stock Market stresses Ukraine’s need for crypto regulation, drawing from MiCA to ensure stability and growth. #Update #Legal (+3) ↗
Crypto Regulation: SEC Unveils Bold Priorities
Bitcoin.com: The U.S. Securities and Exchange Commission’s Crypto Task Force announced 10 priorities, including asset classification and global coordination, signaling a regulatory shift. #Update #Legal (+7) ↗
Blockchain Revolution: Thailand SEC Launches DLT
Bitcoin.com: Thailand’s Securities and Exchange Commission plans to launch a blockchain-based debt instrument trading system, encouraging securities firms to trade digital asset tokens. #Update #Crypto (+3) ↗
Bitcoin ETFs: Cboe BZX Innovates Redemptions
@CboeBZX Exchange Inc. amended rules to allow in-kind redemptions for the ARK 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF, aligning with SEC-approved processes from earlier this year. #Update #ETF $BTC (+3) ↗
Crypto Market Opens as SEC Repeals
The SEC has repealed Staff Accounting Bulletin (SAB) 121, allowing traditional financial institutions to offer crypto custody services, marking a significant regulatory shift following a congressional bill and presidential veto. #Breaking #Legal #Crypto (+8) ↗
Okx Exchange Secures MiCA PreAuthorization
@OKX has received a pre-authorization for the Markets in Crypto-Assets Regulation (MiCA) concerning Virtual Financial Assets, marking a significant step towards obtaining a full MiCA license after establishing a dedicated hub in Malta. #Update #Legal (+4) ↗
Stablecoin Bill Advances in Hong Kong
Hong Kong’s Legislative Council held its first meeting on the stablecoin bill since December, aiming to regulate issuers via licensing from the Hong Kong Monetary Authority. The region seeks to strengthen its position as a cryptocurrency hub. #Update #Legal (+3) →
BitMEX Fined $100M for Violations
@BitMEX has been fined an additional $100 million for Bank Secrecy Act violations, following a previous $110 million penalty. This comes after the exchange’s guilty plea for anti-money laundering failures from 2015-2020. #Breaking #Legal (-9) ↘
Crypto Milestone: Namibia Approves Crypto Firms
On Jan. 13, the Bank of Namibia granted provisional authorization to @MindexVAE and Landifa Bitcoin Trade to operate as virtual asset service providers, marking a significant step in Namibia’s two-step licensing process for crypto firms. #Update #Crypto (+3) ↗
Crypto Surge: Kenyans Defy Warnings
A new study reveals that most Kenyan crypto users are under 40, using cryptocurrencies for trading, investment, and inflation hedging despite central bank warnings. Kenya seeks IMF assistance as crypto use persists. #Update #Crypto $BTC (+3) ↗
Crypto: Trump Targets Biden Policies
The incoming Trump administration plans to reverse key Biden-era cryptocurrency regulations, targeting the Securities and Exchange Commission’s policies, as revealed by insiders to The Washington Post. #Breaking #Crypto @SECGov (-9) ↘
Singapore Bans Polymarket Amid Crackdown
Singapore has banned access to @Polymarket as part of a crackdown on unlicensed online gambling, affecting 3,800 sites and blocking $37M in transactions. Violators face fines or imprisonment. #Update #Legal (+6) ↘