The United States SEC has responded to Coinbase’s petition for a writ of mandamus from last month. The SEC has indicated that it will continue using enforcement actions instead of...
Binance has decided to exit the Canadian crypto market due to its challenging regulatory regime. Binance blamed its departure on Canada’s recent overhaul of regulations for crypto entities. The crypto...
Crypto lawyer John Deaton believes that US regulatory paralysis has measurable impact in terms of jobs and investment lost. Congressman Patrick McHenry asserts that the SEC’s regulation by enforcement regime...
The New York State Legislature introduced Assembly Bill 7024 authorizing stablecoins as a valid form of bail. The bill followed General Attorney Letitia James’ proposal for crypto regulations. The authority...
Influencer CryptoWendyO disputes the US government’s claims of crypto tax loopholes. The crypto enthusiast cited no clear regulatory definition of crypto yet. US President has called for Congress to close...
Jane Street and Jump Crypto are reportedly scaling back from crypto trading in the U.S. The market-making giants have blamed the regulatory crackdown in the country for this move. Jane...
Hong Kong Monetary Authority CEO discusses upcoming crypto regulations. The CEO said companies that feel HK’s regulations are too tight can go elsewhere. From June 1, retail investors in Hong...
The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) has levied a $7.59 penalty on California-based crypto exchange Poloniex. The crypto exchange has agreed to pay the amount...
The US-based crypto exchange, Coinbase, has been indicted of violating the US biometric privacy law for illegally collecting face templates and fingerprints of its customers in a Monday suit before...
Executives of the Coinbase crypto exchange, including the CEO Brian Armstrong and the company’s chief legal officer Paul Grewal have submitted a “Wells response” to the US Securities and Exchange...
UK-based charity organizations accepting cryptocurrencies are mandated to keep accurate records of incomes and comply with tax and money laundering regulations. The UK Charity Commission stated the policy in a...
In an event on Thursday, the Hong Kong Securities and Futures Commission (SFC)’s CEO, Julia Leung, said the regulator is set to release guidelines on the licensing regime for virtual...
A consultation document was published stating that the Bahamas intends to strengthen its cryptocurrency regulations following the collapse of FTX, on Tuesday. The crypto exchange was primarily located in the...
The XRP community, closely following the action against Ripple Labs, is set to witness a crucial hearing today. It is a class certification case to answer whether Ripple’s token, XRP,...
Coinbase CEO Brian Armstrong tweeted on April 21, that he spend an entire day in Washington DC discussing crypto regulation with Congress members. Armstrong highlighted the need for regulatory clarity...
Artificial Intelligence (AI) researchers and economists have highlighted the risks posed by the use of AI in our daily lives. According to the experts, policymakers need to address the “alignment...
Financial regulators in South Korea are planning to introduce a new class action legal system in light of the rising malpractices in the crypto industry. The primary objective is to...
The firm behind Ethereum’s most popular layer 2 scaling solution Polygon recently penned an open letter to the Representatives of the European Parliament, the Council of the European Union, and...
In an exciting turn of events, Hester Peirce, the Commissioner of the US Securities and Exchange Commission (SEC), has criticized the agency’s regulatory approach towards new technologies and business models,...
The US Congress released the discussion draft of the 118th Congress First Session, highlighting the requirements for being a payment stablecoin issuer. The draft pointed out that the bill would...
Today is a big day for stakeholders in the crypto industry. Ethereum’s long-awaited Shapella Fork is set to go live later today. The update is believed to have a significant...
Crypto lawyer Jake Chervinsky believes that the United States is losing its lead in Web3. Chervinsky took to Twitter earlier today to share a report compiled by popular venture capital...