Blog
Global Crypto Regulatory News - 1 February 2025
February 02, 2025
Whilst Blockpass monitors and adapts to regulatory changes around the world, we only cover some of the news and developments in articles on the Blockpass blog. However, to showcase more information around what is going on in the blockchain and crypto regulatory scene around the world, we’ve selected some prominent or interesting news and articles that feature relevant crypto regulatory and compliance developments.
- Crypto Task Force Shows US Direction
The SEC, following the exit of Gary Gensler, has announced a new task force to create clear and comprehensive crypto regulations as the US seeks to promote crypto growth and adoption.
https://www.sec.gov/newsroom/press-releases/2025-30
- UK Rules on Crypto Staking
A tweak to existing UK law, effective from the end of January, has seen crypto staking excluded from collective investment schemes and funds, reducing punitive compliance requirements.
https://www.ledgerinsights.com/uk-tweaks-law-to-exclude-blockchain-staking-from-fund-compliance/
- Hong Kong Strong on Regulation
Two new cryptocurrency exchanges have been licensed by Hong Kong’s Securities and Futures Commission as the special administrative region enforces strict KYC and AML measures.
https://dig.watch/updates/hong-kong-issues-first-crypto-licences-of-2025
- Kenya Considers Crypto with Regulation
Legislation is underway in Kenya that will see cryptocurrencies legalized if it comes into force, moving away from its previous stance, with the IMF urging clear and effective regulatory measures.
https://cointelegraph.com/news/kenya-crypto-regulation-imf-advice
- New Luxembourg Law Comes into Effect
From the beginning of January, Luxembourg’s latest blockchain law came into effect, bringing blockchain technology regulation into its existing legislature, improving security and efficiency.
- El Salvador Amends Crypto Laws
In an effort to meet with the IMF’s requirements for a significant loan it is to be the recipient of, El Salvador has passed legislation removing the requirement for all businesses to accept crypto.
Matthew Warner is a content producer and researcher at Blockpass, focusing on writing and community engagement while exploring the potential of blockchain, AI, and IoT technologies.