Regulations News Post

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

Crypto City: Guide to Osaka, Japan’s second-biggest city

Osaka may or may not have been Satoshi’s home, Binance has moved in, the city hosted Devcon 5, and there’s finally a Bitcoin ATM again!

Russian lawmakers propose amendments to the digital rouble bill

The bill could be changed in regard to debt operations, services for non-residents and the role of the Central Bank.

Bitget secures regulatory license in Poland, reserve funds up $80M in Q1

The cryptocurrency exchange secured VASP licensing in Lithuania in April.

FTX 2.0 to launch soon? Court filing shows a reboot plan in the works

The new FTX CEO has undertaken a series of meetings over the past month to work on the relaunch of the failed crypto exchange by entering in a bidding process.

Hong Kong to open crypto exchange access for retail users, but there's a catch

Hong Kong's securities watchdog announced new plans to allow retail investor access to virtual assets platform.

SEC has no authority over crypto, argues defendants in $18M fraud lawsuit

Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit's dismissal, arguing the regulator has no authority over crypto.

Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed

The private seed phrases of Ledger users could be shared with governments if they are ordered to, but this is “not a real concern,” says CEO Paul Gauthier.

Everything XRP holders have been shouting has ‘been confirmed’ — Pro-XRP lawyer

Pro-XRP lawyer John Deaton has eagle-eyed a small footnote in a Ripple brief that purportedly confirms XRP was discussed among SEC staff prior to the Hinman speech.

Binance off the hook from $8M Tinder ‘pig butchering’ lawsuit

The plaintiff, a Texan woman, initially blamed Binance for losing $8 million in a pig butchering scam that began on Tinder.

US risks losing the crypto race to UAE, Korea, Aus and Switzerland: Ark

The U.S. crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from Ark Invest.

G7 discusses crypto, supports CBDC — Law Decoded, May 15–22

The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.

OpenAI warns superhuman AI may arrive within a decade: ‘We have to get it right’

OpenAI leadership weighed the pros and cons of trying to stop the development of superhuman AI and decided it was in humanity’s best interest to forge ahead.

South Korea to vote on bill requiring crypto asset disclosure for lawmakers

A recent political scandal has prompted the proposal of legislation intended to ensure South Korean officials report all digital asset holdings above roughly $760.

Philippines SEC says Gemini Derivatives is unregistered securities product

Gemini Derivatives is available on the exchange’s new Foundation platform, but those selling or promoting it in the Philippines face fines and long imprisonment.

Illuvium controversy, Aurory Prologue review, Fornite CEO salty, Assassin’s Creed NFTs: Web3 Gamer

Illuvium’s many marketing controversies, Assasin’s Creed’s NFT cubes, Fortnite CEO salty about death of metaverse, Aurory Prologue review.

Responsible AI can create policies to help ‘better serve society’

Sabin Dima, the CEO and founder of Humans.Ai, said that with the right implementation, governments could use AI to enhance public services and policies.

Huobi Global ordered to halt operations in Malaysia

Securities Commission Malaysia has ordered Huobi Global to stop all activity after failing to register to operate in the country.

Gemini considers forbearance after DCG defaults on a $630M payment

Gemini is planning to file a new motion with the court seeking the return of $1.1 billion of digital assets from DCG-owned Genesis.

Crypto hacks falling in Q1 is but a 'temporary reprieve' — Blockchain firm

It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”

Biden won't accept debt deal protecting crypto traders — G7

U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders.

Image