Regulation

KuCoin Faces $1 Billion Withdrawal Surge Amid US Regulatory Crackdown

KuCoin, a prominent crypto exchange, has encountered a significant withdrawal surge, with approximately $1 billion in crypto exiting the platform within the last 24...

FTX Seeks to Nullify Claims on ‘Sam Coins’ Amid Bankruptcy Proceedings

In the ongoing bankruptcy case of the embattled cryptocurrency exchange FTX, a new development has emerged regarding the valuation of certain digital tokens closely...

Hong Kong to Allow Crypto Investment with Spot Bitcoin ETFs

Hong Kong is on the brink of making a groundbreaking move in the cryptocurrency space. According to Bloomberg Intelligence, the city's Securities and Futures...

DOJ Indicts KuCoin Founders for AML Law Violations, Founders Remain At Large

The United States Department of Justice (DOJ) has unveiled charges against cryptocurrency exchange KuCoin and its founders, Chun Gan and Ke Tang, for operating...

SEC Tightens Grip on Binance with Ongoing Legal Investigations

In the unfolding drama between the SEC and Binance, one of the world's largest cryptocurrency exchanges, Judge Zia M. Faruqui has set a deadline...

Ripple Faces $2B Judgment Request from SEC in Ongoing Legal Battle

In a significant development in the legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the SEC has reportedly asked...

ESMA Advances MiCA Regulation with Final Report and New Consultation

The European Securities and Markets Authority (ESMA) took a significant step towards finalizing the regulatory framework under the Markets in Crypto Assets (MiCA) regulation,...

CommEx, Binance’s Russian Successor, Announces Shutdown

CommEx, recognized as the successor to the Binance crypto exchange in Russia, is set to cease operations, marking a significant shift in the country's...

Philippines Implements Ban on Binance Amid Licensing Concerns

The Philippine Securities and Exchange Commission (SEC) has announced a significant regulatory move to block local access to Binance, the world's largest cryptocurrency exchange....

Binance Executive’s Daring Escape from Detention in Nigeria

In a dramatic turn of events, a Binance executive, Nadeem Anjarwalla, has reportedly escaped from detention in Nigeria amidst an ongoing investigation into tax...

KuCoin Advances Crypto Expansion in India by Leading in FIU Compliance

KuCoin, a global crypto trading platform, has set a remarkable precedent as the first international crypto exchange to align with India's Financial Intelligence Unit...

Nigerian Crypto Regulation Hikes Stir VC Interest Amid P2P Challenges

The Nigerian crypto scene is witnessing a blend of regulatory challenges and venture capitalist (VC) interest, sparked by a significant increase in registration fees...