Crypto Regulation

South Korea’s Financial Supervisory Service (FSS) announced on Tuesday that it is launching an investigation into major crypto exchanges in the country, including Upbit, one of the leading trading platforms....

Cryptocurrency’s meteoric rise has reshaped the global financial landscape, and Russia is no exception. As digital assets gain traction worldwide, the Russian government has responded with a series of legislative...

Amid the ongoing debate over China’s stance on cryptocurrencies, the East Asian nation has once again made its position clear. A recent ruling by the Wuhan Donghu New Technology Development...

The Seoul Southern District Prosecutors’ Office is looking into a police officer accused of taking bribes in connection with crypto cases. The investigation, handled by the office’s Virtual Asset Crime...

Australia has initiated a regulatory crackdown against crypto firms operating in the region, aiming to push digital asset service providers to complete proper registration processes before providing their services to...

Nigeria’s Securities and Exchange Commission (SEC) will start licensing cryptocurrency exchanges. This move comes as crypto adoption surges in Nigeria, recently ranked the world’s second-largest user base by Chainalysis. Previously,...

Justin Sun, the founder of the Tron (TRX) blockchain, recently took to social media platform X (previously known as Twitter), to state that mainland China will soon unban digital assets,...

Thai authorities are actively pursuing four Chinese nationals linked to a daring robbery in Pathum Thani, where they allegedly forced a fellow Chinese resident to transfer $2 million in cryptocurrency....

The Senate recently passed H.J.Res. 109, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. This resolution, approved by a 60-38 vote, seeks to lift restrictions that...

A U.S. appeals court has revived a class-action lawsuit accusing Binance.US and CoinMarketCap of manipulating the price of HEX token. The ruling overturned a previous dismissal, allowing the case to...

Gemini, a prominent American-based crypto exchange, has recently criticized the Commodity Futures Trading Commission’s (CFTC) Notice of Proposed Rulemaking, urging them to withdraw it. While the proposal intends to ban...

New stablecoin regulations in Switzerland, requiring Know Your Customer (KYC) verification for all holders, have drawn sharp criticism from within the crypto community. Ripple CTO David Schwartz rebuked the law...

Morgan Stanley, a leading investment bank, has taken a significant step in acknowledging the growing demand for spot Bitcoin exchange-traded funds (ETFs). According to a CNBC report on August 2,...

The U.S. Securities and Exchange Commission has filed a lawsuit against activist short seller Andrew Left and his firm Citron Capital, alleging securities fraud. According to a July 26 statement,...

Kamala Harris’s presidential campaign reaches Coinbase, Circle, and Ripple to reset relations with the tech sector. Harris’s message to the crypto industry is “pro-business, responsible business”. The team has also...

India is intensifying its fight against drug trafficking, particularly on the darknet, by leveraging cryptocurrency monitoring to track illicit transactions. As part of its National Action Plan for Drug Demand...

Republican Senator Cynthia Lummis is expected to introduce new crypto-friendly legislation during the Bitcoin Conference 2024 in Nashville on Saturday. According to sources familiar with the matter, Lummis plans to...

Korean crypto exchanges saw a sharp decline in trading volume. Bitcoin Kimchi Premium plummeted, indicating cooling demand. Bithumb retained market share despite the overall downturn. Kaiko’s research data reveals that...

A coalition of seven U.S. states, led by Iowa Attorney General Brenna Bird, has filed a legal brief challenging what they deem as regulatory overreach by the Securities and Exchange...

Argentina, a haven for cryptocurrency transactions with over $85.4 billion in activity last year, is introducing a new regulatory framework aimed at both encouraging compliance and curbing illicit activities. The...

Russian President Vladimir Putin has outlined the nation’s plans for digital currencies and the integration of digital technology into the financial industry. In his statement, Putin made it clear that...

Russia is fast-tracking a new crypto payments infrastructure to align with global powers using cryptocurrency for international trade. This move comes ahead of a parliamentary vote on cryptocurrency legislation, scheduled...

European regulators are taking steps to clarify the classification of crypto-assets under the new Markets in Crypto-Assets Regulation (MiCAR). The European Supervisory Authorities have released draft guidelines proposing standardized templates...

Taiwan’s highest legislative body, the Legislative Yuan, has officially passed a law amending the country’s Anti-Money Laundering (AML) legislation to include digital assets. The law now requires virtual asset service...

The CME “FedWatch” tool shows a 91.2% probability of the Federal Reserve maintaining current interest rates in August, with an 8.8% chance of a 25 basis point rate cut. Meanwhile,...