NYDFS Introduces Stricter Crypto Listing Rules
The objective of the NYDFS’s stricter listing and delisting regulations for cryptocurrencies is to increase investor protection in the space. The New York State Department of Financial Services (NYDFS) has issued stringent listing and delisting regulations for virtual currencies. The NYDFS clarified in a new industry letter published on November 15 that they are implementing […]
Swan to Block Accounts of Customers Using Crypto-Mixing Services
Swan, a Bitcoin service platform, notified its users that compliance with FinCEN regulation would compel the termination of accounts utilizing crypto-mixing services. In a letter to customers, the policy was elucidated, with the implication that the modifications were necessitated by a proposed rule by the Financial Crimes Enforcement Network (FinCEN), which imposes additional obligations on […]
Bithumb plans to be Listed on Korea Stock Market
South Korean crypto exchange Bithumb has yet to confirm the IPO; it recently informed local media that it has chosen an underwriter. On November 12, the local news outlet Edaily reported that Bithumb is preparing to list on the KOSDAQ, which is equivalent to the Nasdaq in the United States. The IPO is anticipated to […]
US May Lose Regulatory Control Over Stablecoin Market – Chainalysis
A new report from blockchain research firm Chainalysis suggests that the US government may lose regulatory supervision of the stablecoin market as activities have increasingly occurred through entities that aren’t licensed in the United States. In its most recent report on cryptocurrencies in North America, published on October 23, Chainalysis noted that non-U.S.-licensed entities have […]
Stéphanie Cabossioras Resigns as Director of Binance France
Stéphanie Cabossioras, Binance’s director in France, is at least the tenth executive to leave the cryptocurrency exchange this year. In an October 19 post on X (formerly known as Twitter), David Princay, a resident of Binance France, confirmed Cabossioras’ departure and thanked her for her contributions to the exchange. La DG adjointe de Binance France […]