Italy to Launch a Stricter Crypto Regulation
Italy is planning to implement measures to strengthen surveillance over potential risks associated with digital assets, such as cryptocurrencies.
Binance Will Limit Access to Certain Stablecoins in the EU
On June 30, 2024, the new MiCA rules for stablecoins will go into effect in the European Economic Area (EEA), and crypto exchange Binance has warned its users about the upcoming restrictions.
Biden Vetoes SEC’s SAB 121 Repeal
President Joe Biden of the United States has rejected a resolution aimed at overturning the SEC’s Staff Accounting Bulletin (SAB) No. 121.
CFTC Commissioner: FIT21’s Implementation Will Be Slow
The implementation of the Financial Innovation and Technology for the 21st Century Act (FIT21) is expected to be a lengthy process, potentially taking several months or even years for coordination between regulators in the United States prior to the enforcement of the rules.
US Passes Bill to Regulate Crypto
The House of Representatives passed the FIT21 Act on Wednesday with a 279-136 vote, aimed at establishing a clear regulatory framework for crypto assets.
Indonesia’s Regulator Establishes a Crypto Committee
Indonesia’s Commodity Futures Trading Authority (Bappebti) has formed a committee specifically for overseeing cryptocurrency operations and ensuring compliance.
Uniswap Receives Wells Notice from SEC
The Securities and Exchange Commission (SEC) has issued a Wells notice to the decentralized crypto exchange Uniswap.
