Crypto Regulation

Vitalik Buterin, the co-founder of Ethereum, has recently expressed dissatisfaction with the US crypto regulatory framework, calling it an “anarcho-tyranny.” He advocated for a “good faith engagement” from both regulators...

Binance.US, the American arm of the global cryptocurrency exchange, will cease operations in Washington state on August 20, 2024, following the loss of its operating license amid heightened regulatory scrutiny....

South Korea is ramping up efforts to combat fraud and cybercrime in the cryptocurrency market, unveiling a new joint response system aimed at curbing hacks and unfair trading practices. Lee...

UAE crypto regulation advances with Binance’s VASP license, enhancing local compliance and innovation. Binance’s Dubai arm, Binance FZE, has secured a crucial Virtual Asset Service Provider (VASP) license from VARA,...

Cathie Wood, CEO of Ark Invest, has announced her intention to vote for Donald Trump in the upcoming U.S. presidential election, citing economic reasons for her choice. Wood made this...

Zimbabwe is gearing up to regulate cryptocurrency regulations, seeking public input to develop policies in the digital asset sector. In a statement published in the state-run Herald newspaper, the government...

Singaporean authorities have intensified scrutiny of family offices and hedge funds in a move to protect individuals from money laundering and terrorist financing risks. Authorities have tightened regulations and investment...

Verena Ross, the Executive Director of the European Securities and Markets Authority (ESMA), addressed the future of cryptocurrency regulation in Europe during Paris Blockchain Week. Ross emphasized the importance of...

The American Securities Association (ASA) filed a lawsuit against the Securities and Exchange Commission (SEC) for alleged lack of transparency. The lawsuit underscores the ASA’s frustration over the SEC’s opaque...

Deutsche Bank, Germany’s largest bank, and Vienna-based crypto platform Bitpanda, have partnered in a move that marks a significant step in integrating traditional banking with the crypto market. Bitpanda users...

Coinbase slams the SEC, claiming that its regulatory policies destroy the crypto industry. The platform asserts that the SEC hasn’t taken the initiative to frame convenient regulatory policies. The exchange...

Hong Kong’s “Technology Crime Police Advisory Group” identifies stigmatization as a key challenge in fostering Web3 growth in the region. The group asserts that inaccurate labeling of web3 concepts like...

Former SEC regional director Marc Fagel has criticized the U.S. Securities and Exchange Commission for repeatedly falling short in rapidly evolving sectors. Fagel attributed this persistent issue to the commission’s...

Bitcoin advocate Samson Mow welcomes the growing political interest in cryptocurrencies, but warns against a one-size-fits-all approach to regulation. Mow fears that a lack of distinction between Bitcoin and other...

OKX, the Seychelles-based cryptocurrency platform, has withdrawn its application for a Virtual Asset Service Provider (VASP) license in Hong Kong, citing a reassessment of its business strategy. The exchange announced...

Former Speaker of the House Nancy Pelosi is reportedly contemplating support for a Republican-led crypto bill. The bill in question is the Financial Innovation and Technology for the 21st Century...

Two senior House Democrats, Representatives Maxine Waters and David Scott, have voiced opposition to the Financial Innovation and Technology for the 21st Century Act (FIT21). In emails to fellow Democrats,...

Heather Slavkin Corzo, a prominent critic of cryptocurrencies, is stepping down from her role as policy director at the U.S. Securities and Exchange Commission (SEC), the regulatory body announced in...

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...