Regulation

Coinbase Denies Allegations of Campaign Finance Law Violations

Paul Grewal, Coinbase's chief legal officer, has denied accusations that the cryptocurrency exchange violated campaign finance laws by donating $25 million to a super...

Nigerian Protests Spark Calls for Crypto Regulation Reforms

As the #EndBadGovernanceInNigeria protests continue, members of Nigeria’s cryptocurrency community are advocating for the inclusion of industry-specific demands. This movement, primarily aimed at addressing...

EU Watchdog Warns of Offshore Crypto Risks Under MiCA Regulation

The European Securities and Markets Authority (ESMA) has issued a cautionary statement regarding the risks associated with global crypto firms seeking partial authorization under...

SEC Charges Bitclout Founder with $257 Million Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with orchestrating a fraudulent crypto scheme that...

SEC Amends Binance Case, Drops Solana as Security

The Securities and Exchange Commission (SEC) has amended its lawsuit against Binance, Binance.US, and CEO Changpeng Zhao. The update, filed on July 30, 2024,...

Artists Sue SEC Over Ambiguous NFT Regulations

Two artists have filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking clarity on whether nonfungible tokens (NFTs) fall under...

Russia Moves to Regulate Crypto Mining, Targeting Illegal Activities

Russia's State Duma has taken a significant step towards regulating cryptocurrency mining by advancing a bill designed to curb illegal activities and promote investment...

Kamala Harris Declines Invitation to Bitcoin 2024 Conference

Kamala Harris, the newly appointed Democratic presidential candidate, has reportedly declined an invitation to speak at the Bitcoin 2024 Conference, despite initial speculation. Bitcoin...

Paraguay’s Power Fee Hikes Face Criticism from Bitcoin Miners

Paraguay’s President Santiago Peña has dismissed complaints from Bitcoin mining farm operators regarding the recent power fee hikes enacted by the National Power Administration...

India’s 2024 Budget Keeps Crypto Tax Rules Unchanged

India’s Finance Minister Nirmala Sitharaman introduced the 2024-2025 budget on February 1, marking the first budget since Prime Minister Narendra Modi was re-elected for...

South Korea Implements Stringent Crypto Exchange Regulations

New regulations by South Korea’s financial watchdog to protect user assets on crypto exchanges took effect on July 19. The much-anticipated regulations from South Korea’s...

Hong Kong Regulators Support for New Stablecoin Regulations

Hong Kong regulators have announced the conclusion of a stablecoin regulation consultation phase, receiving positive feedback from stakeholders. Support for Stablecoin Regulatory Regime On July 17,...