In the aftermath of the worldwide collapse of the FTX exchange, Australia has revealed its intentions to provide its authorities with extra resources, including increased personnel for the Securities Commission...
The Financial Accounting Standards Board (FASB) put forward a proposal to introduce new rules on cryptocurrency, especially on accounting and disclosure. According to the new rule, crypto exchanges and crypto-related...
The UK government is all set to introduce measures that would bring the crypto industry under the umbrella of mainstream financial regulations, following last year’s catastrophic crashes of crypto exchange...
To curb the shady dealings that surfaced in the cryptocurrency market last year and ultimately led to FTX‘s bankruptcy, the U.K. government has reportedly outlined measures to regulate the sector....
Sheila Warren, the CEO of the Crypto Council for Innovation, and Miller Whitehouse-Levine, Policy Director at the DeFi Education Fund, believe that there will be landscape changes in the aftermath...
The future of Panama’s cryptocurrency industry is now in the hands of its Supreme Court as the “crypto bill” passed last year is being reviewed. President Laurentino Cortizo submitted the...
South Korea’s Ministry of Justice announced on January 26, 2023, that the authority has decided to introduce a “Virtual Currency Tracking System,” adding to the series of crypto regulatory acts...
The crypto community in India has been anxiously awaiting the Union Budget 2023-24 which is expected to be presented by Finance Minister Nirmala Sitaraman on February 1, 2023, in the...
On Thursday, the Federal Bureau of Investigation (FBI) issued a statement announcing its success in seizing the ransomware group, Hive Network. The agency saved 300 victims, preventing them from paying...
Gary Gensler, Chairperson, U.S. Securities and Exchange Commission (SEC), states he supports the re-proposed rule. He writes in a tweet, “It fulfills Congress’s mandate to address conflicts of interests in...
Roger Ver, the self-proclaimed World’s first Investor in Bitcoin startups, has been summoned to pay Genesis over $20 million in damages for the latter’s loss caused due to his failure...
The District of Columbia Court of Appeals has declared that it wants to fast-track verbal arguments in Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) to get a speedy...
According to an Australian press, Stephen Jones, an Australian financial services minister, said there are compelling justifications for recognizing some cryptocurrencies as financial products under the law. The minister noted...
WEF’s annual industry meetup, Davos 2023 will discuss the Great Reset strategy which aims to homogenize the global financial markets as a part of its wider plan. However, US crypto...
John Reed Stark, President of John Reed Stark Consulting and former SEC Chief, took to his newsletter to lash out at ‘Big Crypto’, the well-funded and organized group of crypto...
John E Deaton, the Managing Partner of the Deaton Law Firm and the founder of the US Legal and Regulatory News for Digital Assets, CryptoLaw, tweeted on the specifications of...
Barely hours after Genesis Global filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York, two of the crypto lender’s top ten creditors...
The United States Securities and Exchange Commission (SEC) has charged Mango Markets manipulator Avraham Eisenberg for stealing crypto assets worth $116 Million. As per the press release, Eisenberg has allegedly...
The Ripple CEO, Brad Garlinghouse has called for crypto regulation to be in the proper perspective. He said this across multiple interviews at the 2023 World Economic Conference, Davos 2023....
At the World Economic Forum’s (WEF) annual summit at Davos, Switzerland, Thani Al-Zeyoudi, the UAE’s Minister of State for Foreign Trade declared that crypto would have a crucial role in...
Bloomberg TV quoted Circle CEO Jeremy Allaire in a tweet where he says “The technology didn’t commit fraud” regarding the recent crypto turmoil. Allaire was attending a panel discussing the...
The blockchain firm Chia Network has announced that it wants to accelerate its IPO plans, as former COO Gene Hoffman steps in as a new CEO. Hoffman released a statement...
Rajeev Chandrasekhar, the Indian Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship addressed the gathering at the ITech Law International Conference 2023 held in Bengaluru,...
The illegal revenue accruing to crypto criminals from ransomware exploits declined in 2022 as more victims refused to pay, according to recent data published by market intelligence firm, Chainalysis. The...
According to the latest reports, Crypto Media House, CoinDesk have hired investment bank Lazard as it explores the potential sale of its business. The decision comes in light of the...