CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged...
Regulation
Coinbase plans major expansion in countries with “clear crypto rules”
Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory. The exchange also...
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has...
SEC charges LA company with offering of NFT securities
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory...
Crypto exchange Binance is considering a full exit from Russia
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of...
Bitstamp halts Ether staking in the US, cites regulatory challenges
Please be aware that some of the links on this site will direct you to the websites of third parties,...
SEC delays Ark Invest spot Bitcoin ETF application
SEC announced the delay today, publishing a letter calling for more information from the public. A decision on Ark Invest...
HKVAX gets approval to offer crypto in Hong Kong
HKVAX has moved closer to becoming only the third platform to receive a VATP licence in Hong Kong. This is...
Bitstamp suspends trade for seven SEC-flagged tokens
Key takeaways Bitstamp has halted trading of AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for traders in the United...
Revolut to terminate US crypto services due to regulatory challenges
Key takeaways Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that it would no...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory...
Hester Peirce criticizes SEC warning to accounting firms
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief...
France watchdog is investigating Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday. Users...
Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia...
FSB finalises recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients...
New DeFi bill has “unworkable obligations”
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According...
Ripple, SEC ordered to agree settlement conference dates
US Judge Analisa Torres referred Ripple vs. SEC case to Magistrate Judge Sarah Netburn. Last week’s ruling was that XRP...
Brian Armstrong to meet House Democrats about crypto legislation
Key takeaways Coinbase CEO wants clearer crypto regulation in the US Coinbase Inc. Chief Executive Officer Brian Armstrong is set...
Katie Haun says SEC is “unlikely” to appeal XRP decision
Katie Haun is the founder and CEO of Haun Ventures and also a former US Department of Justice prosecutor. In...
EU regulator publishes consultation on MiCA standards
ESMA has released a consultation paper on MiCA implementation requirements. Industry players are requested to provide feedback by September 20....
South Korean companies to disclose crypto holdings from 2024
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is...
Former SEC Chair says Bitcoin ETF should be approved
Jay Clayton shared his opinion during an interview with CNBC on Monday. The former SEC chair says if applicants demonstrate...
