Regulation

Binance Under Scrutiny in Nigeria Over Suspicious Fund Flows

The Central Bank of Nigeria (CBN) has raised concerns over Binance, the global cryptocurrency exchange, citing suspicious financial activities within the country. In a...

HashKey Secures Major Payment Institution License in Singapore

HashKey, the operator behind one of Hong Kong's licensed cryptocurrency exchanges, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a...

SBF Proposes 6.5-Year Sentence Amidst Giving Investment Tips in Prison

Sam "SBF" Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has reportedly been advising prison guards on investments, specifically recommending Solana, during his...

IRS Enhances Crypto Tax Regulation Expertise with New Hires

The U.S. Internal Revenue Service (IRS) is bolstering its digital assets regulation team by incorporating two former cryptocurrency executives into its ranks, a move...

Thai SEC Recommends License Revocation for Crypto Exchange Zipmex

The Securities and Exchange Commission Board of Thailand (SEC Board) has taken a firm stance against Zipmex, an Asian digital asset exchange, by recommending...

US Senators Gear Up to Block Federal Reserve’s Digital Currency Plans

In a significant political maneuver, a group of US Senators, led by Texas' Senator Ted Cruz, is taking a stand against the Federal Reserve's...

HTX Halts License Application for Hong Kong Crypto Exchange

HTX, previously known as Huobi and a significant player in the cryptocurrency exchange market, has recently withdrawn its application for a virtual asset trading...

Crypto Miners Win Temporary Reprieve in Energy Disclosure Battle

In a notable standoff with federal agencies, crypto miners have successfully obtained a temporary court order halting the Department of Energy's efforts to mandate...

Lejilex and Crypto Freedom Alliance Challenge SEC’s Authority

Lejilex, aiming to introduce a non-custodial exchange, and the Crypto Freedom Alliance of Texas (CFAT), a cryptocurrency nonprofit, have filed a lawsuit against the...

Coinbase Advocates for ETH as a Commodity in ETF Application

Coinbase has officially responded to the Securities and Exchange Commission's (SEC) request for feedback on the proposal to list the ETH Grayscale Fund as...

Coinbase Operates Uninterruptedly in Nigeria, CEO Clarifies

Coinbase CEO Brian Armstrong has clarified that the cryptocurrency exchange is not facing any access issues in Nigeria, countering reports that Nigerian authorities had...

Kenya Moves to Regulate Cryptocurrency Amid FATF Grey Listing Concerns

In response to growing concerns over the lack of a regulatory framework for cryptocurrencies, Kenya has initiated steps to establish a specialized working group....