Crypto Regulation

John Bigatton, a resident of Carss Park, New South Wales, pleaded guilty on Thursday in the Sydney District Court to a charge of providing unlicensed financial services. The charge relates...

Kraken, a major cryptocurrency exchange, is contemplating the delisting of Tether’s USDT stablecoin from its European platform in response to upcoming regulations from the European Union. Marcus Hughes, Kraken’s global...

In a victory for creditors, a U.S. bankruptcy judge on Friday approved a plan by Genesis Global Capital, a bankrupt cryptocurrency lender, to repay approximately $3 billion in a combination...

The recent policy arguments put forth by the U.S. Department of Justice (DOJ) regarding the scope of Federal prohibition on operating an unlicensed money transmitting business have sparked significant concerns. ...

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 for crypto, Cuban states that...

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 tightening regulations, leading some exchanges...

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), appeared on CNBC’s “Squawk Box” on May 7, 2024, addressing key issues surrounding financial oversight and regulation.  The SEC...

Hong Kong’s cryptocurrency custodians and exchanges find themselves at odds over the custody of customer assets, sparking a contentious debate within the city’s burgeoning crypto industry. At the forefront of...

DOJ’s Crackdown on Privacy App Wasabi Wallet Raises Concerns About Financial Privacy in Digital Age. Privacy-focused Wasabi wallet has shut down its Coinjoin Coordination service. Naomi Brockwell, a cryptocurrency and...

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. The outcome of Binance’s legal...

Crypto regulation among the European Union member states is taking a unified shape as the industry moves closer to the Markets in Crypto Assets (MiCA) implementation deadline. By June, all...

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 arrests of founders of similar...

Shanghai Securities News reported on Friday that Yao Qian, the brain behind China’s Central Bank digital currency (CBDC) project, is reportedly under investigation by the Chinese authorities for an alleged...

The Thai Securities and Exchange Commission (SEC) is intensifying its crackdown on unauthorized digital asset service providers. SEC Secretary-General Pornanong Busaratrakul announced that the commission actively blocks access to these...

On April 24, 2024, the European Parliament approved new regulations targeting money laundering within the cryptocurrency sector. These rules impose mandatory due diligence and identity verification for customers. They apply...

The Securities and Exchange Commission (SEC) of the Philippines has directed Google and Apple to remove the Binance app from their respective app stores. A press release by the SEC...

After months of inactivity, Hong Kong police authorities have begun to freeze assets totaling over US$29 million associated with JPEX, a crypto exchange that collapsed in September 2023.  In another...

The Securities and Exchange Commission (SEC) announced Thailand’s decision to block unauthorized cryptocurrency platforms, indicating a notable change in its regulatory approach to digital assets. The goal is to strengthen...

The regulators allege that Sun traveled extensively across the US for business trips. Reinforcing their claims, the SEC argues that TRX and BTT were promoted and sold to investors across...

Ladan Stewart, a former SEC crypto litigation leader argued that the SEC’s determination of whether a cryptocurrency is a security is contingent upon the context of its offering and sale....

Junior United States senators from New York and Wyoming, Kirsten Gillibrand and Cynthia Lummis have introduced a new stablecoin bill in the country to bring clarity in the digital asset...

Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange has launched an appeal against his 25-year prison sentence following his conviction for fraud. Bankman-Fried’s legal team, led by defense lawyer Marc...

Tailored regulations for each blockchain are crucial for fostering innovation while managing risks. The debate between policymakers and crypto advocates highlights the complexities of regulating the industry. Effective crypto regulation...

South Korea’s April 10 legislative elections could reshape its political and crypto landscape. President Yoon’s PPP and the DPK vie for control amid rising crypto policy influence in politics. Over...

Adeyemo highlights the urgency of regulating digital currencies due to national security risks. Political opposition challenges push for broader crypto regulations. State actors exploiting digital assets underscore the geopolitical complexity...