Regulations

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
House Financial Services Committee Chairman Patrick McHenry and the panel's ranking Democrat, Maxine Waters, reportedly met with the Senate's majority leader on next steps.

Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms
While Dubai's regulatory rules were broadly welcomed, some firms worried about the expense.

South Africa Starts Issuing Crypto Licenses With Luno, Zignaly Among First Recipients
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.

DeFi Exchange Uniswap Receives Enforcement Notice From the SEC
Uniswap’s CEO Hayden Adams took to X on Wednesday to say that the exchange is “ready to fight” after receiving notice that the regulator is planning an enforcement action.

Binance 'Working Collaboratively' With Nigerian Government to Free Detained Executive, Compliance Chief Says
Tigran Gambaryan was detained in February.

EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says
The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets.

Hong Kong Said Likely to Approve Spot Bitcoin ETFs Next Week: Reuters
Hong Kong's regulators have sped up the approval process, according to a Reuters report.

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
Sen. Cynthia Lummis said there's an effort underway to ensure Republicans trying to take seats from Democrats on the Senate Banking Committee are versed in crypto advocacy.

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.


