Regulation News

Nigeria's cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition.

Regulatory crackdown on Silvergate Capital and Silvergate Bank continues as the Federal Reserve and California's DFPI issue a cease and desist order, halting operations.

The CFTC has proposed a comprehensive revamp of its risk management regulations, emphasizing the need for firms to prepare themselves for the volatility of cryptocurrencies and the associated risks of holding customers' digital assets.

The European banking authority is pushing for an expansion of its guidelines on money laundering and terrorist financing risk factors to encompass "crypto-asset service providers."

A European Parliament-commissioned study proposes all crypto assets be treated as securities by default and calls for decentralized finance (DeFi) organizations to receive legal status.

Crypto.com exchange has successfully obtained its major payment institution (MPI) license from the Monetary Authority of Singapore. With the permit, Crypto.com will expand its operations and product offerings nationwide. Crypto.com, the 22nd-largest bitcoin (BTC) trading venue per CoinMarketCap and digital…

India’s stringent crypto taxation and shadow banking ban have driven crypto exchanges into survival mode. Despite this challenge, the industry is adapting, with exchanges exploring innovative strategies to stay afloat. India‘s imposing a stringent 30% tax on crypto profits and…

Former SEC Commissioner warns of a crackdown on social media influencers promoting cryptocurrencies as concerns over manipulation and fraud rise amid recent market events.

Major crypto derivatives exchange Bybit has decided to cease offering its products and services to customers in Canada, with the company stating that it would leave the Canadian market.  Bybit informed new and existing users in Canada that the company…

Coinbase's CEO warns that China could be the biggest beneficiary of the United States' unclear crypto regulations. Brian Armstrong emphasizes that adversarial nations like China stand to gain.

The central banks of the UAE and Hong Kong join forces to enhance regulatory frameworks through collaborative efforts on financial infrastructure and digital assets legislation.

The XRP Network has experienced two significant spikes in address activity, marking the second and third-largest surges of all time, according to data from Santiment.

In an incident revealing the nature of online crime, an individual named Robin Baxter was sentenced to over three years in prison after authorities foiled his attempts to procure a firearm and ammunition from the dark web.

A panic selling frenzy on Binance Australia has sent the price of bitcoin (BTC) on the exchange nearly AUD 9,000 ($5,900) lower than competitors’ prices. Per sources close to the matter, the price of bitcoin has cratered to AUD 34,000…

In a significant turn of events, a tentative deal aimed at averting a US government default on its debts has brought relief to cryptocurrency miners, particularly Bitcoin miners.

South Korea proposes a real-time monitoring system to freeze funds on Binance and other major crypto exchanges. The move aims to enhance oversight and combat cryptocurrency-related crimes.