Crypto Regulation
Australia Tightens Crypto Rules, Kraken’s Bit Trade in Focus
ASIC won a case against Bit Trade, the firm responsible for Kraken’s Australian operations. ASIC also shut down 7,300 phishing and investment scam websites, of…
Nigeria Crypto News: SEC to License Exchanges
Nigeria to license crypto exchanges amid a surge in crypto adoption. The government seeks to balance innovation and investor protection. The crypto community welcomes the…
China Crypto Unban: Justin Sun’s Bullish Forecast
Justin Sun hinted that China might soon be unbanning cryptocurrencies. A similar hint was given by Mike Novogratz in July in a now-deleted X post.…
Thai Authorities Pursue Chinese Suspects in $2M Crypto Heist
Thai police pursue 4 Chinese nationals in a $2M crypto robbery in Pathum Thani. Armed suspects forced the victim to transfer $2M in digital currency…
Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule
The Senate passed H.J.Res. 109 to remove restrictions on financial firms' custody of cryptocurrencies, with bipartisan support. House Republicans and Democrats have shown strong support…
Binance.US HEX Lawsuit Revived by Appeals Court
US appeals court revives HEX token manipulation case against Binance.US, reversing previous dismissal. Lawsuit claims Binance.US manipulated HEX token ranking on CoinMarketCap, causing price drop.…
Gemini Questions CFTC’s Regulatory Authority To Ban Crypto Prediction Markets
Gemini urges CFTC withdraw its event contracts proposal claiming that it exceeds the commission’s power. While the proposal intends to ban all event contracts in…
Switzerland’s New Stablecoin Law: Too Much KYC?
Switzerland mandates KYC for all stablecoin holders, sparking crypto community backlash. Critics question the new law’s impact on P2P transactions and user privacy. FINMA justifies…
Morgan Stanley Bets on Bitcoin with ETF Offering for Clients
Morgan Stanley opens access to spot Bitcoin ETF trading for wealthy clients. This move signals growing institutional interest in Bitcoin and crypto investment. Despite recent…
SEC Sues Citron Capital, Alleges Andrew Left Orchestrated $20M ‘Bait Trade’
The US SEC charges Andrew Left and his firm Citron Capital for being involved in $20M “bait trade” stock recommendations. Left used media platforms to…
