Ethiopia’s Financial Intelligence Service is preparing to regulate virtual currencies, despite their ongoing ban in the country. As initially reported by The Reporter Ethiopia, Ethiopia’s Financial Intelligence Service has announced that preparations are underway to regulate virtual currencies, despite their continued illegality under current Ethiopian law. The announcement was made by FIS Director Muluken Amare…
The Hong Kong Special Administrative Region Government announced that it will start implementing its landmark Stablecoin Ordinance in August this year. According to the official notice, the region’s stablecoin regulations will come into effect starting on August 1, 2025. Once it is formally implemented, businesses would need to obtain licenses in order to issue stablecoins…
Hearings on the Digital Asset Market Clarity Act took place on June 4, 2025. The bill is a bipartisan legislation clarifying the market structure for digital assets. Before the hearings, Democrats accused the Securities and Exchange Commission of withholding crucial info from them while providing it to Republicans. Will the political tensions stall innovation? “The…
What made Elon Musk call Trump’s “Big Beautiful Bill” a disgusting abomination and what does this mean for crypto’s future in America? Musk calls Big Beautiful Bill a disgusting abomination in viral attack The One Big Beautiful Bill Act, or OBBBA, is a sweeping tax and spending proposal introduced by the Donald Trump administration that…
The new SEC Chairman Paul Atkins has outlined fresh goals for the crypto industry under his leadership. In his testimony before the United States Senate Appropriations Subcommittee on June 3, 2025, the newly appointed chairman of the Securities and Exchange Commission (SEC) laid out his intention to establish a clear and comprehensive regulatory framework for…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Stablecoins have become a key focus in 2025, thanks to supportive institutions and forward-thinking policymakers taking note and pushing regulations forward. In an optimistic scenario, global bank Citi predicts this asset class…
Ripple has secured a major regulatory win as its stablecoin RLUSD gains official approval for use inside Dubai’s prestigious financial free zone. According to a June 3 press release, Ripple’s U.S.-regulated stablecoin RLUSD has received official approval from the Dubai Financial Services Authority for use within the Dubai International Financial Centre. With this approval, RLUSD…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Southeast Asia’s digital economy is booming—but so is its illicit underground. Findings from a recent UN report estimate that scam networks across East and Southeast Asia now generate nearly $40 billion annually….
How did the decision by SEC Binance to close the Binance lawsuit coincide with Binance losing over 30% of its global trading volume between 2023 and April 2025? The SEC vs Binance battle fades as the SEC lawsuit against Binance gets quietly buried After nearly two years of courtroom tension, regulatory scrutiny, and public debate,…
The Financial Conduct Authority, United Kingdom’s financial markets regulator, is seeking input from the public on its proposals for stablecoin and crypto custody regulation. FCA’s press release on the topic on May 28 comes as the United Kingdom looks to finalize its regulatory framework for stablecoins and crypto custody. The regulator is looking to collect…
