Regulation

EU Parliament Passes Sanctions Laws Affecting Crypto

In a significant move to strengthen its sanctions regime, the European Parliament has unanimously approved a new set of rules aimed at enhancing the...

Sweden’s Central Bank Chief Advocates for Minimal Bitcoin Use

The head of Sweden's central bank, Riksbank Governor Erik Thedeen, has expressed a strong stance against incorporating Bitcoin (BTC) into the country's financial ecosystem,...

President Biden’s 2025 Budget Eyes Crypto Regulations to Boost Revenue

In a move aimed at tightening regulations on digital assets, President Joe Biden has reintroduced proposals in his 2025 fiscal year budget that target...

FDIC Vice Chairman Critiques US Crypto Banking Restrictions

Travis Hill, the Federal Deposit Insurance Corp.'s Vice Chairman, has voiced concerns over the United States' regulatory stance on banks managing digital assets for...

U.K.’s FCA Removes Barriers to ETNs Resulting Crypto Markets Surge

In an unprecedented surge, Bitcoin soared past $71,000, marking its highest value ever, closely followed by Ether, which also broke the $4,000 barrier. This...

Appeals Court Revives Lawsuit Against Binance

An appeals court has breathed new life into a class action lawsuit against Binance, the world's largest crypto exchange, overturning a lower court's decision...

SEC Delays Decision on Bitcoin ETF Options Trading

The United States Securities and Exchange Commission (SEC) has once again postponed its decision regarding the authorization of options trading for spot Bitcoin Exchange-Traded...

Montenegrin Court Approves Do Kwon’s Extradition to South Korea

In a pivotal ruling, a Montenegrin court has decided that Do Kwon, the co-founder of Terraform Labs, is to be extradited to South Korea....

Boosting eNaira Adoption in Nigeria with Gluwa Partnership

In a significant move to enhance the adoption and functionality of the eNaira digital currency, the Central Bank of Nigeria (CBN) is joining forces...

Hong Kong Central Bank Launches Wholesale CBDC for Tokenization Market

Hong Kong's Monetary Authority (HKMA) has announced the initiation of Project Ensemble, a groundbreaking wholesale central bank digital currency (wCBDC) initiative designed to enhance...

BlockFi and FTX Reach Tentative $874M Settlement Agreement

Bankrupt cryptocurrency firms BlockFi and FTX have come to a preliminary settlement, where FTX has agreed to compensate BlockFi with up to $874.5 million....

Binance.US Faces SEC Scrutiny Over Information Sharing

The U.S. Securities and Exchange Commission (SEC) has raised concerns that Binance.US, the American branch of the global cryptocurrency exchange, has not been forthcoming...