Regulation

Ripple vs. SEC: Navigating the Legal Showdown

The longstanding legal battle between Ripple and the United States Securities and Exchange Commission (SEC) is heating up as the trial date of April...

Hong Kong Tightens Crypto Exchange Regulations

Hong Kong has implemented a significant policy change affecting the cryptocurrency exchange landscape by halting the acceptance of license applications from crypto exchanges as...

State Attorneys General Challenge SEC’s Authority in Kraken Crypto Lawsuit

In a significant legal development, eight state attorneys general from the United States have filed a joint amicus brief, arguing that the Securities and...

Bank of America and Wells Fargo Offer Spot Bitcoin ETFs

Bank of America Merrill Lynch and Wells Fargo are now providing select clients access to spot bitcoin exchange-traded funds (ETFs), signaling a significant shift...

US Lawmakers Vote to Facilitate Bank Involvement in Crypto Custody

In a significant development for the cryptocurrency industry, the House Financial Services Committee (HSFC) has voted in favor of a resolution aimed at overturning...

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...