Regulation

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...

Bitstamp Sets Its Sights on Singapore with Regulatory Approval

European cryptocurrency exchange Bitstamp has marked a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS). This nod from MAS...

Binance Ends Operations with Nigerian Naira Amid Regulatory Challenges

Binance, a leading global cryptocurrency exchange, has announced its exit from the Nigerian market, signaling an end to all transactions involving the Nigerian naira...

Grayscale Unveils Crypto Staking Fund Amidst Bitcoin Rally

Grayscale, the prominent investment firm known for managing the largest spot Bitcoin ETF, has launched a groundbreaking fund dedicated to cryptocurrency staking. The Grayscale...

Nexo Gains Initial Approval for Digital Asset Services in Dubai

Nexo, a prominent player in the digital asset service industry, has achieved a significant regulatory milestone by obtaining initial approval to operate as a...

Virginia Advances to Become a Leading Crypto-Friendly State

Virginia is making significant strides towards embracing the blockchain and cryptocurrency sector, marked by the Virginia Senate's passage of a bill aimed at exploring...