Regulation

OKX Exits India: A Move Prompted by Regulatory Challenges

OKX, a prominent cryptocurrency exchange, has announced its decision to cease operations in India, following nearly three months of regulatory challenges. This move comes...

Federal Reserve Maintains Interest Rate Stance, Boosting Market Optimism

The Federal Reserve has announced its decision to keep interest rates steady, aligning with market expectations and maintaining a positive outlook for future rate...

London Jury Convicts Woman in $6 Billion Bitcoin Laundering Case

In a landmark case, a London jury has found Jian Wen, a 42-year-old British citizen, guilty of laundering substantial amounts of Bitcoin for a...

Montenegro Court Upholds Do Kwon’s Extradition to South Korea

A Montenegro appeals court has affirmed the decision to extradite Terraform Labs founder Do Kwon to South Korea, dismissing his appeal to overturn the...

Russia Moves to Tighten Money Laundering Controls on Digital Ruble Transactions

In a significant legislative move, Russia is set to introduce comprehensive money laundering controls on transactions involving the digital ruble. Spearheaded by Anatoly Aksakov,...

Crypto Advocate Wins Ohio Senate Primary, Setting Stage for Key Election

Bernie Moreno, a blockchain entrepreneur, has clinched the Republican nomination for the U.S. Senate in Ohio, positioning himself against Sen. Sherrod Brown, a skeptic...

Defense Critiques DOJ’s Sentencing Proposal for Sam Bankman-Fried as Excessive

The defense team for Sam Bankman-Fried, the FTX founder, has strongly objected to the Department of Justice's (DOJ) recommendation for a 50-year prison sentence,...

BlackRock Dives into Tokenization with New Digital Liquidity Fund

BlackRock, the world's largest asset manager, is making significant strides into the digital asset space with the launch of the BlackRock USD Institutional Digital...

Coinbase and its Allies Challenge the SEC for Crypto Regulations

Coinbase Inc., supported by notable allies including Paradigm and the Crypto Council for Innovation, is embroiled in a legal battle against the U.S. Securities...

UK’s FCA Aims to Introduce Market Abuse Regime for Crypto in 2024

The Financial Conduct Authority (FCA), the UK's regulatory body for financial services, has announced its plans to establish a market abuse regime for the...

India’s Finance Minister Asserts Crypto Cannot Be Currencies, Awaits G20 Framework

Indian Finance Minister Nirmala Sitharaman reiterated the Indian government's stance on cryptocurrencies at the India Today Conclave 2024, stating that crypto assets cannot be...

Sam Bankman-Fried’s Plans for Image Rehabilitation Post-Arrest

Sam Bankman-Fried, the embattled CEO of a significant cryptocurrency exchange, is actively strategizing ways to refurbish his tarnished public image following his legal predicaments....