The European Securities and Markets Authority (ESMA) is looking to finalise some competence requirements for employees of crypto-related businesses. This week, the ESMA released a proposal that suggests guidelines in line with the EU’s MiCA regulations, seeking feedback from crypto asset service providers, investors, and financial institutions engaging with crypto assets. As part of its … Read more
Several Nifty 50 firms are exploring Web3 technologies like cryptocurrencies and blockchain, according to a report by crypto firm Mudrex, exclusively shared with Gadgets 360. The report reveals that 16 companies, including Reliance, Airtel, ITC, and TCS, are leveraging Web3 for digital marketing, supply chain management, CBDCs, and cross-border trading. Mudrex noted that institutional adoption … Read more
The FBI has attributed the recent attack on Dubai-based Bybit crypto exchange to North Korean hackers. The agency has called on crypto firms to help block the stolen funds. According to Bybit CEO Ben Zhou, a hacker gained control of one of the exchange’s offline Ethereum wallets, resulting in a loss of nearly $1.5 billion … Read more
The Bharat Web3 Association (BWA) has released a set of guidelines to help Web3 firms in India protect their customers. The Web3 industry continues to grow in India, despite a lack of regulatory oversight from the government. The BWA, an independent crypto advisory body, has advised affiliated firms to practice healthy business and operational habits. … Read more
The acting chief of the US Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms. The SEC in 2022 proposed requiring some crypto firms to register as alternative trading systems, … Read more
The Australian government has proposed a regulatory framework to oversee crypto exchanges, custody services, and brokerage firms. The Australian Treasury Department is working with the crypto industry to seek inputs on required regulations. In a statement released on Friday, March 21, Australia said it wants to help the virtual digital assets (VDAs) industry to grow … Read more
Dubai’s Virtual Assets Regulatory Authority (VARA) has introduced changes to its crypto policies, aiming to tighten risk oversight and ensure investor security. The updated policies will also focus on deploying more control around margin trading and token distribution services. Through these upgrades, the VARA expects to make the crypto ecosystem more scalable. The development comes … Read more
Luxembourg has raised a red flag against the misuse of cryptocurrency firms. In its 2025 National Risk Assessment (NRA) report, the country said that crypto companies were at a high risk of being exploited by money launderers. The report comes at a time when the crypto sector is showing gradual signs of expansion in the … Read more
Singapore’s financial authority has responded to feedback received from the crypto industry on its proposed crypto regulations. On May 30, the Monetary Authority of Singapore (MAS) outlined certain requirements to be fulfilled by Digital Token Service Providers (DTSPs) in Singapore. Crypto firms have been directed to halt overseas operations by the end of the month, … Read more
Law firms are facing a surge in business email compromise (BEC) attacks with threat actors finding new ways to circumvent multi-factor authentication (MFA) measures. That’s according to cyber security risk consultancy S-RM which found that, in the last few months, legal organizations have been increasingly targeted by cybercriminal groups that specialize in BEC campaigns. Along … Read more