Australia Enforces $5K Limit on Crypto ATMs as Scams Increase
Australia has implemented new restrictions on cryptocurrency ATMs, including a $5,000 AUD ($3,250) cap on cash transactions, as authorities report a spike in fraudulent activity.
New US Crypto Bill Sets Strict Rules for Exchanges and Developers
The “CLARITY Act of 2025,” introduced by Representative French Hill with bipartisan support, outlines a comprehensive regulatory framework for digital assets, with significant implications for crypto businesses.
As SEC Delays Staking Rules, Crypto Firms Demand Regulatory Certainty
The lack of SEC guidance on staking is creating operational hurdles for crypto businesses, prompting industry groups to step up pressure for clarity.
US Senate Moves Forward with Genius Bill
On Monday, the Senate successfully moved forward with a major cryptocurrency regulation bill in a bipartisan effort, overcoming a recent blockade by Senate Democrats.
US Crypto Group Requests SEC Regulatory Clarity on Staking Services
The Crypto Council for Innovation (CCI), has submitted a formal request to the US Securities and Exchange Commission (SEC) seeking clear regulatory guidance on staking and staking services.
Federal Reserve Withdraws Crypto Guidance
In a significant shift that could transform the banking sector’s interaction with digital assets, the US Federal Reserve announced on April 24, 2025, that it has withdrawn key supervisory guidance concerning cryptocurrency and stablecoin activities.
Pakistan Proposes Virtual Asset Regulatory Framework
Pakistan’s Federal Investigation Agency (FIA) has introduced a regulatory framework for virtual assets, aligning with Financial Action Task Force (FATF) guidelines.
