Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation.

Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach by consulting stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines.

The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and crypto exchange operations without a national license, according to reports.

Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto.

After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings.

The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies.

Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar — lack of legislative clarity, lack of interagency coordination, etc.

It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.

Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison.

Despite regulatory clarity, Hong Kong has failed to pick up the pace regarding futures-based cryptocurrency ETFs so far.