Regulation

Calls for Binance Ban in Nigeria Amid Scrutiny

A presidential adviser in Nigeria, Bayo Onanuga, has urged for the banning of cryptocurrency trading platforms like Binance and KuCoin in the country, alleging...

Coinbase Advocates for Spot Ether ETFs

Coinbase, a prominent cryptocurrency exchange in the United States, has thrown its support behind Grayscale's bid to transform its Ethereum Trust into a spot...

Turkey Plans Crypto Regulations to Safeguard Users and Foster Innovation

Regulatory Focus on Consumer Protection and Innovation Turkey is gearing up to introduce regulations for the crypto industry with a primary focus on ensuring consumer...

South Korea’s Major Party Proposes Cryptocurrency Taxation Deferral

The People Power Party, a significant political force in South Korea, has suggested delaying cryptocurrency taxation for up to two years as part of...

Japan’s Financial Watchdog Bolsters Anti-Fraud Measures

The Financial Services Agency (FSA), Japan's primary financial regulator, has provided clarification regarding its stance on peer-to-peer (P2P) crypto transactions. In a letter dated...

New Canadian Regulations for Public Investment Funds in Crypto

Canadian securities regulators are introducing new rules to enhance clarity and risk management for public investment funds involved in cryptocurrencies. These rules aim to...

US Senator Warren Broadens Support for Crypto Crackdown Bill

Senator Elizabeth Warren of Massachusetts has recently bolstered the support for the Digital Asset Anti-Money Laundering Act, a bipartisan initiative. This act represents a...

Hex Trust Secures Full Operating License from VARA in Dubai

In a significant development for the cryptocurrency sector, Hex Trust, an institutional-grade crypto custodian, has achieved a major breakthrough by securing a full operating...

UK Unveils Crypto Regulation Plan

The UK government has taken a significant leap towards regulating the crypto world. It announced a comprehensive strategy to oversee digital currencies, marking a...

UK Enacts Law for Quicker Crypto Seizure in Criminal Cases

The United Kingdom has taken a significant step in combating economic crimes by enacting a new law that grants police enhanced authority to seize...

PayPal Halts Crypto Purchases in the UK Due to New Regulatory Measures

Payments giant PayPal has announced that it will temporarily suspend crypto purchases in the United Kingdom until early 2024. The decision comes in response...

German Regulator Probes OpenAI CEO’s Worldcoin Project

Germany's data protection agency has been scrutinizing Worldcoin, a project helmed by OpenAI CEO Sam Altman, over concerns of large-scale handling of sensitive biometric...