Crypto Regulation
Crypto Lender Genesis Wins Court Approval for $3 Billion Repayment Plan
Judge approves $3 billion Genesis plan. Repayment prioritizes current crypto value. Ruling sets precedent for future cases. In a victory for creditors, a U.S. bankruptcy…
Cryptocurrency Developers Fight Back Against DOJ’s Money Transmission Stance
DOJ's interpretation of money transmission extends to non-custodial crypto software, challenging industry norms. FinCEN's historical guidance supports non-custodial services, emphasizing asset custody distinctions. Critics argue…
SEC’s Regulatory Policies Destroy Crypto Industry, Claims Mark Cuban
Mark Cuban criticizes the SEC for its enforcement regulation, claiming that it has destroyed the crypto industry. Arguing that the SEC creates a destructive environment…
Binance, KuCoin Secure India FIU Registration Amid Regulatory Storm
Binance's compliance status remains uncertain pending a hearing with FIU-IND. KuCoin and Binance are working towards compliance with India's anti-money laundering regulations. Indian authorities are…
SEC Chair Tired of Answering Questions Regarding Crypto, ETH ETF
SEC Chair Gary Gensler called for increased transparency in the crypto space. Gensler seeks to eliminate the non-compliance in the space displayed by firms. The…
Why Are Hong Kong Crypto Custodians Clashing With Exchanges?
Hong Kong crypto custodians and exchanges disagree on asset custody. Zodia's CEO advocates for independent management of client assets. Only a few exchanges have complied…
DOJ Crackdown on Privacy App Sparks Debate on Digital Financial Privacy
DOJ crackdown on Wasabi Wallet's coinjoin service raises digital privacy concerns. Whistleblower Edward Snowden criticises slow progress on Bitcoin privacy by Developers. Privacy advocates urge…
Convicted CZ’s 100% Binance Ownership in FranceThreatens EU Access: End of Binance in Europe?
Binance's regulatory challenges in France could set precedents for its operations across the EU. Changpeng Zhao's legal troubles further complicate Binance's regulatory standing in Europe.…
MiCA Deadline Approaches As EU States Prepare For New Crypto Regulation
Crypto regulation among the European Union member states is taking a unified shape. By June, all 27 EU member states would implement MiCA. Jurisdictions would…
US Entities Blocked from Bitcoin Privacy Wallet Wasabi: Details
Wasabi Wallet creator zkSNACKs imposes an indefinite ban on U.S. users.zkSNACKs cited regulatory concerns but offered no specifics on the matter. The move follows recent…
