SEC faces sanctions threat as Judge questions DEBT Box case accuracy
United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due...
Regulation
The SEC is facing another defeat in its recycled lawsuit against Kraken
The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency exchange, looks like...
Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
Australia's controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen as “toilet...
Paxos receives two in-principle approvals in Abu Dhabi
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The...
FSB calls for global regulation of multifunction crypto firms
The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models...
SEC still looking for potential FTX-style fraud at Binance.US: Report
The United States Securities and Exchange Commission is still looking for evidence that Binance.US had a backdoor to potentially control...
Circle and SBI Holdings partner to boost USDC circulation in Japan
Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost...
Crypto exchange Zipmex suspends trading activity in Thailand
Cryptocurrency exchange Zipmex has announced it is taking immediate action by suspending all digital asset trading in Thailand as part...
Tether, Bitfinex agree to drop opposition to FOIL request
Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in...
UK Finance Minister proposes a sandbox initiative for crypto regulations
UK Chancellor Jeremy Hunt has revealed plans for a cryptocurrency legislative initiative. The government aims to pass legislation to officially...
CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ
United States government prosecutors are trying to stop former Binance boss Changpeng “CZ” Zhao from leaving the country, expressing concern...
Timeline of US enforcement actions
Binance and its founder Changpeng"CZ" Zhao has admitted to violating United States laws around money laundering and terror financing —...
BNB pops after report that DOJ wants $4B settlement with Binance
BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice...
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS report
Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to...
Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a...
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of...
IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and...
Germany’s Commerzbank obtains crypto custody licence
Commerzbank has become the first full-service bank in Germany to receive regulatory approval for a crypto custody licence. Commerzbank, among...
XRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvals
The Nov. 13 XRP (XRP) price action stemming from a falsified BlackRock XRP trust filing shouldn’t sway the United States...
FTX Foundation staffer fights for $275K bonus promised by SBF
An employee of FTX’s charity wing recruited by FTX co-founder Sam Bankman-Fried is trying to get paid $275,000, the remainder...
Bithumb plans to be first crypto exchange listed on Korea stock market: Report
Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local...
Indian Supreme court rejects crypto petition, highlights legislative nature
The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework...
