Tag: consumer protection
Commonwealth Bank Halts Crypto Trading Pilot as Regulatory Uncertainties Linger
CBA pauses its crypto trading pilot amid regulatory concerns, emphasizing the need for consumer protections in a volatile market.
New York Attorney General Takes a Stand Against KuCoin for Alleged Illegal Operations
Attorney General Letitia James sues KuCoin for illegal operations in NY, claiming ETH and others are securities. A crackdown on crypto in action!
New Buy Limits on Crypto Exchanges: What Ontario Users Need to Know
Ontario introduces a 30,000 CAD annual buy limit on restricted cryptocurrencies for consumer protection. Get the details here!
Cynthia Lummis Introduces Ambitious Crypto Regulation Bill for 2024
Wyoming Senator Cynthia Lummis aims to introduce a comprehensive bill in 2024 to regulate cryptocurrencies and protect consumers.
IMF Warns El Salvador: Tread Lightly on Bitcoin Expansion
The IMF cautions El Salvador on Bitcoin expansion, citing fiscal and consumer risks while advocating for transparency in crypto dealings.
Binance.US Faces Urgent Federal Document Request Amid Concerns Over Investor Safety
Binance.US faces federal scrutiny as Representative Krishnamoorthi demands urgent disclosures on investor safety protocols amid rising fraud concerns.
Texas Bank CEO Advocates for Banks to Dominate Stablecoin Issuance
Scott Beck advocates for banks to issue stablecoins for better consumer protection and regulation at the Texas Blockchain Work Group.
Web3 Domain Alliance Expands Membership, Boosting Innovation in Web3 Naming Services
The Web3 Domain Alliance welcomes 51 new members, setting the stage for standardized practices in the rapidly evolving Web3 naming industry.
UAE Introduces Groundbreaking Virtual Asset Law: What You Need to Know
Explore UAE’s new virtual asset law, its implications, compliance requirements, and potential impact on the crypto industry.
Blockchain Initiative to Combat Counterfeiting in Australia’s NRL Merchandise
NRL and IP Australia trial a blockchain application to enhance the authenticity of merchandise, preventing counterfeit sales through a trust badge system.