$4.5 Billion Fine to Terraform Labs
The U.S. Securities and Exchange Commission (SEC) collected the highest annual financial penalties in its history in fiscal year 2024.
Nov 25, 2024Policy & Regulation
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Polymarket Banned in France Due to Gambling Investigation!
Prediction market giant Polymarket has blocked French investors from accessing its platform due to an investigation launched into compliance with gambling laws in France.
Nov 23, 2024OSCE Provided Crypto Training to Ukrainian Officials
The Organization for Security and Co-operation in Europe (OSCE) organized a three-day training on crypto and blockchain transactions for Ukrainian officials.
Nov 23, 202434 Percent Growth in Compatibility from Binance
Binance, the world's largest crypto exchange, is reshaping its approach to regulatory compliance.
Nov 22, 2024New Approach Towards Crypto Regulations From CFTC
U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger stated that the crypto industry needs to move towards a more structured and clear regulatory process, instead of the current complex and unclear regulations.
Nov 22, 2024BitGo Expands Crypto Services in Singapore
Crypto custody company BitGo announced that it has opened a subsidiary in Singapore after receiving a license from the Monetary Authority of Singapore (MAS).
Nov 22, 2024SEC Distributes $4.6 Million to BitClave Investors
The US Securities and Exchange Commission (SEC) announced that it started paying a total of $4.6 million to BitClave investors.
Nov 21, 2024ECB Requests Rapid Steps for Digital Euro
The European Central Bank (ECB) warned that the digital euro project may be disrupted due to delays in legal processes and Europe may fall behind global competition.
Nov 21, 2024Energy Saving Move from Russia to Crypto Sector
Russia plans to limit crypto mining activities in 13 regions in order to save energy and reduce the load on the electricity grid.
Nov 20, 2024KDP Implements Crypto Tax in 2025
South Korea's Democratic Party (KDP) aims to impose a 20% tax on crypto earnings in 2025.
Nov 20, 2024California Judge Rejects Kraken's Appeal
Cryptocurrency exchange Kraken had filed an application for the appeals court to review the United States Securities and Exchange Commission's (SEC) previous decision, which included claims that the cryptocurrencies sold on Kraken's platform could be securities.
Nov 19, 2024California Court Upholds Liability of DAO Members
The US federal judiciary has issued a landmark ruling that participants in decentralized autonomous organizations (DAOs) can be held liable for the actions of other members under state partnership laws.
Nov 19, 2024Increasing Fight Against Crypto Scams in Nepal
Nepal's Financial Intelligence Unit (FIU) has detected increasing cases of cryptocurrency-related fraud, despite the trading ban and proposed transaction monitoring systems, awareness campaigns and stricter regulations.
Nov 18, 2024OKX Launches Free SGD Transaction Support in Singapore
Cryptocurrency exchange OKX offered an important innovation to its customers in Singapore.
Nov 18, 2024Jay Clayton's SEC Era and Crypto Regulations
Jay Clayton served as chairman of the United States Securities and Exchange Commission (SEC) from 2017 to 2020.
Nov 16, 2024'Bank' Warning from Hong Kong to Crypto Companies
While concerns about the US debt crisis are increasing, former Speaker of the House of Representatives Paul Ryan suggested that cryptocurrencies could delay this crisis in his article published in the Wall Street Journal.
Nov 15, 2024Upbit's KYC Violations: 600,000 Customers Affected
Upbit, one of South Korea's major cryptocurrency exchanges, is facing a major problem in its local business license renewal process.
Nov 15, 2024Legal Battle for Crypto Exchanges: Sue the SEC
A group of Republican state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), alleging that the agency has overstepped its authority in its enforcement actions against crypto exchanges.
Nov 15, 2024