Vietnam’s National Assembly has passed the Digital Technology Industry Law, officially recognizing and regulating digital assets for the first time.
Effective Jan 1, 2026, the law classifies “virtual assets” and “crypto assets” separately—excluding securities and CBDCs—and grants the government authority to issue detailed rules. It also emphasizes cybersecurity, AML, and CFT compliance.#news
The U.S. SEC has officially withdrawn several crypto-related rule proposals introduced under former Chair Gary Gensler, marking a significant shift in regulatory posture.
Withdrawn proposals included amendments to Exchange Act Rule 3b-16 aimed at regulating DeFi as national securities exchanges, and stricter crypto custody requirements for investment advisors.#news
💥News💥 Nigeria's House of Representatives' Financial Crimes Committee has summoned Binance CEO Richard Teng over suspicions of terrorism financing and money laundering.
Teng must appear before the committee by March 4, 2024.
⚫ US judge approved Binance's fine ⚫ SEC approved settlement with Genesis ⚫ IRS hired ex-Binance US and Taxbit execs ⚫ VanEck launched NFT marketplace ⚫ Telegram to use TON blockchain ⚫ Binance execs detained in Nigeria ⚫ Gemini to return $1bn+ to customers ⚫ Elon Musk sued OpenAI
💥💥💥BlackRock, established in 1988 in New York by Larry Fink and others, is a public investment company with over $9tn in AUM:
⚫️BlackRock offers a wide range of investment products, including mutual funds and iShares ETFs, with recent approval of the iShares Bitcoin Trust (IBIT) spot Bitcoin ETF by the SEC ⚫️Despite facing scrutiny over its investments in fossil fuels and investigations over investments in Chinese companies, BlackRock continues to maintain a significant market presence ⚫️The company's timeline includes milestones such as becoming the world's largest asset manager in 2009 after acquiring Barclay’s Global Investors and launching iShares in 2012 ⚫️Notable achievements include quadrupling assets to $2.7bn in 1989, reaching $9.42tn in AUM by 2023, and the recent approval of the spot Bitcoin ETF by the SEC in 2024
Grayscale is reportedly pushing the SEC to approve options on its spot Bitcoin ETF, arguing they are essential for investors and would bring Bitcoin further into the regulatory fold.