Regulation

Nigeria’s SEC Proposes Significant Fee Increase for Crypto Exchanges

The Nigerian Securities and Exchange Commission (SEC) is taking steps to adjust the financial landscape for digital asset service providers by proposing a notable...

Prosecutors Seek 40-50 Years for Sam’s “Historic” Fraud

In a significant development surrounding the collapse of the FTX cryptocurrency exchange, prosecutors have recommended a sentence of 40 to 50 years for founder...

Celsius Creditors Face Payment Discrepancies Amid Bankruptcy Settlement

Some creditors of the bankrupt cryptocurrency lending firm Celsius are facing significant reductions in their expected compensations. Despite originally being promised payments in crypto,...

Hong Kong Regulator Flags MEXC for Operating Without a License

The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning that MEXC, a cryptocurrency exchange, has been operating within the...

SEC Charges 17 in $300M Ponzi Scheme Targeting Latino Community

The U.S. Securities and Exchange Commission (SEC) has taken legal action against 17 individuals connected to a Ponzi scheme that fraudulently raised $300 million...

Senators Warn Against Further Crypto ETF Approvals Citing Risks

Democratic Senators Jack Reed and Laphonza Butler have expressed strong opposition to the approval of additional cryptocurrency exchange-traded funds (ETFs) by the Securities and...

SFC Issues Warning Against Bybit’s Unlicensed Activities

The Securities and Futures Commission (SFC) has issued a warning to the public regarding Bybit, an unlicensed virtual asset trading platform (VATP), which has...

Thailand Approves Investment in U.S. Bitcoin ETFs

In a significant shift, Thailand's asset management funds have received the green light to invest in U.S. spot bitcoin exchange-traded funds (ETFs), as announced...

Hong Kong Advances Digital Currency Efforts with Second Pilot Phase

Hong Kong is making significant strides in the development of its digital currency, with the Hong Kong Monetary Authority (HKMA) initiating the second phase...

Dutch Central Bank Fines Crypto.com for Regulatory Non-Compliance

The Dutch Central Bank (DNB) has levied a hefty fine of €2,850,000 on Foris DAX MT Limited, operating under the trade name ‘Crypto.com’, for...

Australian Court Rules in Favor of Finder Wallet

In a significant victory for the cryptocurrency sector, an Australian court has rejected a lawsuit filed by the Australian Securities and Investment Commission (ASIC)...

Efforts to Return $2.3M in Crypto to Victims of Online Scams

The U.S. Attorney's Office in Massachusetts has initiated a civil forfeiture action to facilitate the return of $2.3 million in cryptocurrency to 37 individuals...