Crypto Regulation

A judge in the U.S. District Court of the District of Wyoming ruled against Custodia Bank in its lawsuit against the Federal Reserve. The bank had filed to challenge the...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against six entities based in Liberia, India, Vietnam, Lebanon, and Kuwait.  Per the announcement, the...

Hong Kong has reportedly initiated the implementation of stringent regulatory norms restricting over-the-counter (OTC) providers in an attempt to reduce illicit crypto trading activities. Chengyi Ong, APAC policy head at...

The legal saga surrounding former Binance CEO Changpeng Zhao (CZ) takes a new turn as U.S. prosecutors push for more stringent travel restrictions ahead of his sentencing. The United States...

Pantera Capital Management, an American hedge fund focused on digital assets, recently published an open letter addressing the state of the blockchain and crypto industry. In the letter titled “The...

The UK government aims to fast-track the approval of new regulations governing stablecoins and staking services for crypto assets within the next six months.  During an event hosted by renowned...

The U.S. Securities and Exchange Commission (SEC) has announced a settlement with alleged fraud entities Brian Sewell and Rockwell Capital Management. The settlement resolves charges from a scheme that preyed...

Indian Prime Minister Narendra Modi has appealed for international cooperation in dealing with contemporary challenges such as cyber threats and cryptocurrencies. Modi appealed during the Commonwealth Legal Education Association and...

The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has investigated Worldcoin. According to local reports, the government agency entered six Worldcoin offices in Yau Ma...

US Bankruptcy Judge John Dorsey, the judge overseeing the FTX Chapter 11 proceedings, has moved to restrict the scope and expense of a fresh independent investigation in the crypto exchange,...

According to a recent court filing, Changpeng Zhao, the former CEO of Binance, has been prohibited from traveling to his home in the United Arab Emirates. Despite guaranteeing his Binance...

Taiwanese prosecutors have taken a significant step in the ongoing investigation into alleged fraud and money laundering at ACE Exchange. They have requested the Taipei District Court detain Chenhuan Wang,...

Hopes of an easier road to approval for spot Ethereum exchange-traded funds (ETFs) have risen following a statement from US Securities and Exchange Commission (SEC) commissioner Hester Pierce.  In an...

Senator Elizabeth Warren got “community noted” after claiming nations were using cryptocurrencies to dodge United States sanctions.  Community notes on X were introduced to “create a better informed world,” according...

An online pastor and his wife, facing charges of selling “worthless” cryptocurrency, admitted to pocketing $1.3 million but claim they’re relying on a divine miracle to resolve the financial mess....

Terraform Labs, the once-prominent crypto exchange whose collapse in 2022 triggered the protracted crypto winter, has recently filed for Chapter 11 bankruptcy in the US court. According to a filing...

Ripple has filed to oppose the U.S. Securities and Exchange Commission’s (SEC) motion to compel. According to Ripple, the SEC failed to make its requests while fact discovery was open....

The Binance-SEC court hearing has been rescheduled for January 22 (Monday) at 10.00 AM. EST due to extreme weather conditions. MartyParty draws parallels between the upcoming Binance-SEC hearing and the...

The crypto sector is bracing for stricter anti-money laundering (AML) regulations as the European Union tightens its net on financial crime. As part of a comprehensive AML package, the Council...

In a recent argument heard in the Supreme Court, attorney Paul D. Clement highlighted the need for congressional action to address cryptocurrencies. The statement, which was shared by Ripple CTO...

Amidst the recent hack of the U.S. Securities and Exchange’s (SEC) X handle, the Office of the Inspector General’s investigation is underway. Recent developments, however, shed light on the agency’s...

The Monetary Authority of Singapore (MAS), the central bank in the country, has added the popular crypto wallet imToken to its warning list, cautioning crypto enthusiasts about engaging with the...

Judge Jed S. Rakoff ruled Terraform Labs’ four tokens, including LUNA and UST, as unregistered securities. Attorney Rispoli commented that XRP would have also been deemed a security if Judge...

The Bulgarian Prosecutor’s Office has closed its investigation into Nexo. According to reports, the case against Nexo was closed due to lack of evidence. In January 2023, the prosecutor alleged...

SEC ‘Regrets’ Misleading Statements in DEBT Box Case, Coinbase CLO Skeptical