Nexo and other firms see positive momentum for cryptocurrency building in the US Cryptocurrency firms are making a return to the US, encouraged by a shift in the regulatory environment and the political tone from Washington. Nexo became the latest to reenter the market, joining seven other companies that have announced US expansion plans since
A bill to create a national framework for digital assets suddenly fell apart despite earlier successes A major attempt to regulate cryptocurrency in the US hit a wall this week after the Senate failed to move forward with a bipartisan bill meant to create a national framework for digital assets. The proposal, known as the
The securities watchdog continues to review policies that have hindered crypto growth The US Securities and Exchange Commission (SEC) may be preparing to roll back a proposed rule that would have imposed stricter custody requirements on cryptocurrency held by investment advisers. Acting SEC Chair Mark Uyeda indicated that the rule, introduced in early 2023 under
The country is setting up the framework to allow online casinos New Zealand is on the verge of a major shift in its online gambling market as the government moves forward with plans to regulate and license online casino operators. This initiative aims to replace the current system, where offshore gambling platforms operate freely without
President Trump wants the federal government to create a framework for digital assets President Donald Trump took a significant step toward advancing cryptocurrency and blockchain technology with an executive order issued yesterday. The order outlines a plan to create a clear regulatory framework for digital assets while promoting their growth and responsible use within the
Bloomberg expects the new President to enhance cryptocurrency oversight Donald Trump, set to re-enter the White House on January 20, is reportedly planning to prioritize cryptocurrency regulation on his first day back in office. According to Bloomberg, Trump may sign an executive order that would establish crypto as a national priority. This initiative could direct
The country is scrutinizing a number of its gambling laws Italy has launched a significant overhaul of its gambling regulations, starting with a new licensing framework for online gambling operators. The country’s Customs and Monopolies Agency (ADM) has opened the application process for these licenses, which all operators serving Italian players must acquire by late
The Canadian province will bring greater regulatory oversight to the iGaming market Ontario’s online gaming industry is set to experience significant changes following the passage of Bill 216, introducing the iGaming Ontario Act. This new legislation restructures iGaming Ontario (iGO), separating it from the Alcohol and Gaming Commission of Ontario (AGCO) and establishing it as
The country’s communications regulator is enforcing new rules that impact the iGaming space Italy has taken another step toward tightening its gambling regulations, with AGCOM, the country’s Media and Communications Authority, approving new measures aimed at protecting minors. One of the main changes is the mandatory age verification system, which will be applied to all
The state has presented its crypto regulations as it looks to stand out from the crowd Hawaii is positioning itself as a global hub for cryptocurrency by implementing new, crypto-friendly regulations that have already attracted significant interest from major companies in the industry. Starting July 1, 2024, cryptocurrency exchanges and firms in Hawaii no longer
The group is working on creating an online gaming framework that all states could use The National Council of Legislators from Gaming States (NCLGS) will convene its 2024 Summer Meeting in Pittsburgh, with a primary focus on developing a model online casino legislative framework. Despite initial plans to unveil a draft at this meeting, the
More regulations continue to drive the future of the cryptocurrency space The European Banking Authority (EBA) has taken a significant step towards strengthening Anti-Money Laundering (AML) efforts by extending Travel Rule guidelines to crypto-asset service providers (CASPs) and their intermediaries operating within the European Union. The #EBA has just published new guidelines on the information
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