SEC Enhances Website for Improved Compliance, Functionality, and User Experience

by Theresa Joy Lacatan | Jul 14, 2024 | Blog News, Crypto News

Securities and Exchange Commission (SEC) announced updates to its website to enhance compliance with federal statutes and standards, as well as to improve functionality and user experience for market participants and the public. “I’m pleased that these updates will...

Binance in Final Talks to Sell Majority Stake in Gopax to South Korean Cloud Service Provider Megazone

by Theresa Joy Lacatan | Jul 12, 2024 | Blog News, Crypto News

On 11 July, 2024, reports emerged that Binance is in the final stages of negotiations to sell a majority stake in South Korean crypto exchange Gopax to local cloud service provider Megazone. The move aims to reduce Binance’s 72.6% ownership in Gopax to around...

Bank of Russia Analyzes Global Trends and Regulatory Approaches to Stablecoins

by Theresa Joy Lacatan | Jul 12, 2024 | Blog News, Crypto News

On 10 July, 2024, the Bank of Russia published an analytical report examining the economic and legal nature of stablecoins, alongside international trends and approaches to their regulation. This report comes as Russia and other countries deliberate on appropriate...

Bank of Italy to Release Comprehensive Guidelines for Implementing EU Crypto Regulations

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

On 9 July, 2024, Bank of Italy Governor Fabio Panetta announced that the central bank will soon release guidelines to facilitate the implementation of the European Union’s Markets in Crypto-Assets Regulation (MiCA). These guidelines aim to ensure the effective...

TON Network Integrates EVM Functionality in Collaboration with Polygon Labs

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

The TON Application Chain (TAC) and Polygon Labs have announced a strategic partnership to integrate Ethereum Virtual Machine (EVM) functionality into the TON ecosystem, significantly enhancing its capacity to support decentralized applications (DApps) across various...

Ethereum ETFs Near Approval as SEC Discussions Progress

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

The long-anticipated approval of spot Ethereum exchange-traded funds (ETFs) in the United States appears imminent, with several recent developments indicating that these investment products could launch as early as this month. On 8 July, 2024, Katherine Dowling, chief...