Regulation

Google Takes Legal Action Against Chinese Crypto App Fraudsters

Google's parent company, Alphabet, has initiated a lawsuit against individuals based in China accused of deploying scam cryptocurrency apps, which have been downloaded over...

Dilkinska Receives 4-Year Sentence in $4 Billion OneCoin Scam

In a significant development in the OneCoin cryptocurrency scam saga, Irina Dilkinska, the scheme's former head of legal and compliance, has been sentenced to...

Thailand’s Crypto Titan Bitkub Eyes 2025 for Public Offering

Bitkub Capital Group Holdings, the powerhouse behind Thailand's preeminent cryptocurrency exchange, Bitkub Online Inc., is setting its sights on the public market with a...

HSBC Innovates Tokenized Gold Product in Hong Kong

HSBC has made a significant stride in the digital assets space by launching a pioneering tokenized gold product in Hong Kong, aimed at democratizing...

SBF Admitting Fault and Seeking Forgiveness After FTX’s Demise

Sam Bankman-Fried, the embattled founder of the now-defunct cryptocurrency exchange FTX, has broken his silence for the first time since his sentencing, expressing remorse...

Bank of Russia Reveals $51 Billion Crypto Transactions in 2023

The Bank of Russia's latest annual report discloses that Russian nationals engaged in cryptocurrency transactions totaling $51 billion (4.78 trillion rubles) during 2023, underscoring...

Ripple’s CTO Sparks Vital Debate on Cryptocurrency Staking and Securities Law

Ripple’s Chief Technology Officer, David Schwartz, recently delved into the regulatory uncertainties surrounding staking and tokenization, sparking a significant conversation on the social media...

Tron Fights Back: Seeks Dismissal of SEC Lawsuit Over Jurisdiction Concerns

In a bold legal maneuver, Tron Blockchain, spearheaded by Justin Sun, has petitioned the New York Federal Court to drop a lawsuit initiated by...

Australia’s Crypto Crossroads: Navigating Towards a Digital Future

Australia stands on the brink of a pivotal moment in cryptocurrency adoption, with the potential to harness a surge in demand if legislative and...

Tornado Cash Co-Founder Fights Money Laundering Charges

Roman Storm, a co-founder of the cryptocurrency mixing service Tornado Cash, has launched a legal battle to have money laundering charges against him dismissed....

Regulatory Pressures Lead Binance-Backed HKVAEX to Cease Operations

In a significant move that underscores the intensifying regulatory landscape in Hong Kong, the Binance-affiliated crypto trading platform HKVAEX announced its shutdown, signaling the...

Crypto Exchanges Under Pressure: Regulatory and Institutional Developments

This week in Crypto Biz, we dive into the latest legal challenges crypto exchanges face, including notable actions against KuCoin and Coinbase, alongside significant...