Taiwan is set for special crypto legislation with its ranking financial regulator - Financial Supervisory Commission (FSC), tasked with oversight and enforcement duties. News of the looming enactment of crypto…
The recent shutdown of crypto-friendly banks in the US involving Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank is compelling crypto firms to reconsider options. Experts perceive the situation…
This week, the FCA — Financial Conduct Authority in the United Kingdom has intensified its efforts against unlawful Bitcoin ATMs by conducting inspections at various locations in East London suspicious…
Although the imposition of anti-money laundering standards on cryptocurrencies is not a new concept, the government in India has recently taken the step of notifying all concerned parties about the…
Over the past few months, the metaverse has been gaining steam. It has become a popular topic of conversation among tech enthusiasts. The metaverse allows users to explore a new…
Nexo Capital has recently reached a settlement with the U.S. Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) regarding the sales of some digital asset…
Monkey Drainer, the 'scam as a service' provider, is shutting down shop. The criminal enterprise gained notoriety last year after its involvement in some high-profile thefts, the most notable of…
Coinbase, a US-based crypto exchange platform, has closed its collaboration with its USD banking partner, Silvergate Bank. The bank cited recent developments as the reason for the move. In the…
The popularity of the virtual ecosystem has been on the rise, with institutions and organizations incorporating the metaverse concept into their routines. Reports indicate that a court in Colombia has…
Over the past five years, new information regarding cryptocurrency cases in the United States has come to light. According to a recent study by HedgewithCrypto, the number of crypto lawsuits…
WazirX NFT marketplace, previously touted as India's top non-fungible token marketplace, has ceased its operations. The company closed without giving the users or artists prior notice. Notably, neither the team…
The Security and Futures Commission (SFC) in Hong Kong has initiated a public consultation on its new proposal for a licensing regime for cryptocurrency exchanges, which is anticipated to be…
For the past two weeks, the US Securities and Exchange Commission (SEC) has been occupied with cracking down on crypto exchanges operating within its jurisdiction. On the other side of…
As the U.S. Securities and Exchange Commission (SEC) continues its aggressive actions against digital asset firms, observers are keen to point out what they perceive as a misinformed stance of…
The United States Securities watchdog is reportedly targeting crypto exchanges by proposing changes to the rule that would likely impact their services. Part of the proposed rule change is to…
The crypto tax season is upon us, and all companies (including crypto firms) must prepare. Tax season can be confusing and stressful for novice and experienced crypto users. Binance, the…
A finance attorney and Voyager creditor, Michelle DiVita, has requested the appointment of a Chapter 11 Trustee in Voyager's bankruptcy case, which would result in Voyager losing control of its…
The Treasury has published a consultation document on regulating crypto exchanges, lenders, and custodians. The document acknowledges that crypto assets offer various benefits but pose risks to consumers. Treasury's Consultation…
The US securities watchdog, (the US SEC) has rejected the Bitcoin spot exchange-traded fund (ETF) proposal submitted by Ark Investment Management for a second time. In July 2021, Ark joined…
Prime Trust, one of the leading crypto custodians, recently announced that it would suspend its operation in Texas. The firm announced after withdrawing its application for the Texas Money Transmitter…
Following recent statements from the Assistant Treasurer of Australia, Australian executives have cautioned against treating all digital assets as financial products. Australia's Assistant Treasurer Considers Crypto Financial Products In a…
The US SEC (Securities and Exchange Commission) has filed charges against the hacker behind the 2022 multimillion-dollar exploit on Mango Markets. The SEC's filing follows similar actions taken by the…
The DoJ's enforcement action against Bitzlato marks an essential milestone in the fight against crypto crime. It is the latest in a series of initiatives by the US government to…
Alejandra Guajardo, the representative of El Salvador, stormed the Miss Universe 2022 Pageant prelude with her epic dress. She adorned herself with a currency dress designed with cocoa beans, Bitcoin,…
The US Securities and Exchange Commission has submitted a "limited objection" to prevent Binance.US's deal to buy Voyager Digital, the bankrupt crypto lender. According to reports, the securities regulator wants…