Hong Kong’s Securities and Futures Commission (SFC) has issued a $1 million fine to UBS AG for misclassifying client investment status in over 560 accounts spanning more than […]
US Government Crypto Holdings Estimated at $21.24 Billion
A recent estimate suggests the US government’s cryptocurrency holdings could be worth up to $21.24 billion, according to unconfirmed reports. However, official confirmation from relevant government sources is […]
Crypto Taxes in Focus: Senate Hearing Examines Digital Asset Tax Landscape
The US Senate Finance Committee convened a hearing on October 1, 2025 to examine the nation’s approach to taxing digital assets. The focus of the discussion centered on […]
Vancouver to Explore Bitcoin Integration in City Finances
Vancouver, Canada is taking an innovative step by exploring the integration of bitcoin into its financial strategies. Mayor Ken Sim has spearheaded a motion to assess the feasibility […]
India Cracks Down on Offshore Crypto Exchanges; 25 Firms Receive Notices
The Indian government has intensified its efforts to regulate offshore crypto exchanges. Notices have been issued to 25 virtual digital asset (VDA) service providers for failing to comply […]
OKX Faces $2.6 Million Penalty from Dutch National Bank Over Registration Lapse
Global cryptocurrency exchange OKX has been fined €2.25 million (approximately $2.6 million) by the Dutch National Bank for operating in the Netherlands without proper registration between July 2023 […]
China Liquidates Crypto Assets to Stabilize Finances
Facing economic difficulties, China is taking drastic measures to bolster public finances. Local authorities are now liquidating seized cryptocurrency assets, reflecting a broader shift in economic strategy and […]