Tag: compliance

Law and Order

Bureaucratic Stalemate Keeps India on Sidelines as Stablecoin Race Heats Up in Asia

In brief Polygon’s Aishwary Gupta says no Indian government department wants ownership of stablecoin regulation, creating bureaucratic deadlock across agencies. Gupta estimates India could save $68 billion annually through stablecoin integration, but regulatory uncertainty prevents banks from acting. 80-85% of India’s top crypto talent has relocated internationally, Gupta said, while Asian neighbors advance clear stablecoin…

Law and Order

Nike, StockX End Trademark Clash Over NFTs and Fake Shoes

In brief Nike and StockX have ended their legal battle over trademark misuse. A judge ruled in March 2025 that StockX sold counterfeit Nike sneakers. Analysts told Decrypt the deal signals less room for gray-area resale platforms and more focus on brand-approved NFTs. Nike Inc. and StockX, a Detroit-based online marketplace, settled a three-year case…

Business

Trump-Backed WLFI Token to Launch on Labor Day: Here’s What to Expect

In brief WLFI begins trading on Labor Day with only a small portion of its 33 billion supply unlocked. The token underpins World Liberty’s plans around stablecoins and payments, though governance details remain limited. Analysts and legal experts warn that concentrated holdings and political ties raise risks for liquidity, integrity, and investor protections. World Liberty…

Business

‘Know Your Issuer’: This Tech Combats Counterfeit Coins, Starting With USDC and PYUSD

In brief Blueprynt’s pilot program for “Know Your Issuer” tapped USDC and PYUSD. The solution is aimed at stifling counterfeit cryptocurrencies. The pilot comes amid new guidance for banks and safeguarding crypto. Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal,…

Law and Order

Unicoin Will Move to Dismiss SEC Fraud Case, Says CEO

In brief The SEC has accused Unicoin and its executives of misleading investors and inflating deals. CEO Alex Konanykhin says the charges are politically motivated “fabrications” meant to block Unicoin’s public listing. Legal experts warn the SEC’s case looks like a classic securities fraud complaint, giving Unicoin a steep battle in court. Crypto firm Unicoin…