Binance under investigation in France since February 2022: Report
The legal troubles for the world’s leading crypto exchange Binance continue to mount as a new report suggests the exchange...
Regulation
EU lawmakers vote for landmark AI regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems...
Hinman speech included “made-up analysis”, Ripple’s chief legal officer says
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC...
Hong Kong and the US aim for stablecoin regulations by 2024
The Hong Kong Monetary Authority (HKMA) has completed a public consultation on stablecoin regulations and aims to introduce clear regulatory guidelines...
Democrats’ ‘war on crypto’ will lose its key voters: Winklevoss twins
United States President Joe Biden and the Democratic Party risk losing its crucial youth voters as a result of their...
US senator revamps efforts for crypto regulations amid SEC lawsuits
United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in...
Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act,...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company...
US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t...
The SEC strikes again: First Binance, now Coinbase
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has...
SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao...
‘Crypto Tsar’ needed to ensure coordinated approach in the UK: EU lawmakers
A parliamentary group in the United Kingdom has published its recommendations to the government for the crypto and digital asset...
Pro-XRP attorney’s phone hacked to promote LAW token
Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days.CryptoLaw, an account...
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain...
OpenAI gets warning from Japanese regulators on data collecting
Officials in Japan are beginning to tighten their stance towards artificial intelligence (AI) after the country's local privacy watchdog warned...
bitFlyer implements FATF’s “Travel Rule” crypto restrictions
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow...
Crypto exchange Bybit announces exit from Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until...
Russia to support crypto exchanges in new framework
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking...
Tourists are unhappy with crypto payments ban in Bali
The government of Bali, Indonesia, recently cracked down on crypto payments for goods and services, reminding tourists that the Indonesian...
Binance begins transition to new regulated platform in Japan
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the...
fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of...
South Korea officials must now disclose Bitcoin holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously...
