Regulation

Crypto Advocates Challenge SEC’s Investor Tracking Database

The DeFi Education Fund and the Blockchain Association have filed an amicus brief supporting a legal challenge against the United States Securities and Exchange...

Hex Founder Faces SEC Resistance in $1B Lawsuit Dismissal Bid

The United States Securities and Exchange Commission (SEC) has strongly opposed Hex (HEX) founder Richard Heart's attempt to dismiss the $1 billion securities lawsuit...

Hong Kong Cracks Down on Noncompliant Crypto Exchanges

Hong Kong's Securities and Futures Commission (SFC) is tightening its scrutiny on cryptocurrency exchanges that are yet to fully comply with its licensing requirements,...

Bank of Ghana Unveils Draft Regulations for Cryptocurrency Industry

The Bank of Ghana (BoG) has introduced draft regulations aimed at establishing a comprehensive framework for the cryptocurrency industry in the country. Released on...

Celsius Files $3.5 Billion Lawsuit Against Tether

Defunct cryptocurrency exchange Celsius has initiated legal action against Tether, accusing the stablecoin issuer of misappropriating assets and seeking nearly $3.5 billion in Bitcoin...

Coinbase Challenges CFTC’s Event Contract Ban

Coinbase Chief Legal Officer Paul Grewal has voiced concerns on social media over the Commodity Futures Trading Commission's (CFTC) proposed rule to ban certain...

Russia Legalizes Crypto Mining

In a significant development for the BRICS alliance, Russia has officially legalized Bitcoin and cryptocurrency mining. Russian President Vladimir Putin signed the new law...

UK Court Freezes Assets of Missing ‘Cryptoqueen’ Ruja Ignatova

Ruja Ignatova, known as the "Cryptoqueen," has been missing since 2017 while international authorities continue to search for her. On August 7, the United...

Binance Challenges $86M Indian Tax Showcause Notice

Binance, the world's largest cryptocurrency exchange, is contesting an $86 million tax showcause notice issued by India's Directorate General of Goods and Services Tax...

US Senators Urge CFTC to Finalize Ban on Election Betting

Five U.S. Senators and three House Representatives have called on the Commodity Futures Trading Commission (CFTC) to enforce a ban on betting markets for...

Accidental $6.8M Crypto.com Windfall May Lead to Jail

Australian prosecutors are pushing for a prison sentence for a Crypto.com user who mistakenly received nearly $7 million USD due to an internal error....

X Suspends Account Enabling Memecoin Creation via Posts

Elon Musk's social media platform, X, has suspended the account "makenowmeme," which allowed users to create memecoins with a single post. The account, boasting...