The U.S. Securities and Exchange Commission (SEC) has raised concerns regarding the depiction of the USD-stablecoin market, suggesting inaccuracies in representation.
Ripple’s Top Legal Mind Unveils Barriers to Crypto Adoption
Sturt Alderoty, Ripple’s Chief Legal Officer, recently shared insights into the key obstacles hindering crypto adoption during a CNBC interview. He cited the results of a National Cryptocurrency […]
Justin Sun Launches $50M Bounty to Recover TUSD Reserves
Tron founder Justin Sun has launched a significant initiative to address concerns regarding the stability of TUSD, launching a $50 million reward program for those who provide key […]
OKX Faces Fines and Lawsuits: Latest Regulatory Scrutiny for Cryptocurrency Exchange
Facing mounting legal pressure, the leading cryptocurrency exchange, OKX, has been hit with a hefty $1.2 million fine by Malta’s financial regulator following a detailed investigation into AML […]
US Court Fines CLS Global for Wash Trading Violations
The US court has levied significant penalties against CLS Global for engaging in wash trading activities. This case underscores the increasing scrutiny of cryptocurrency markets and the importance […]
Nigeria Legitimizes Cryptocurrencies: New Act Establishes Regulatory Framework
In a historic move that brings clarity and structure to Nigeria’s cryptocurrency landscape, President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) 2025. This landmark legislation […]
Stablecoin Regulation: Balancing U.S. Dominance with Global Competition
The evolution of communication technology has significantly reduced long-distance call costs, mirroring a similar trend in the financial sector where the internet’s embedded financial layer is driving down […]
Will Stablecoin Regulation Secure U.S. Financial Dominance?
The emergence of stablecoins is revolutionizing the financial sector, driving down transaction costs and mirroring the impact of VoIP on long-distance calls in the early 1990s. With over […]
Tether CEO Stands Firm on Private Status
Paolo Ardoino, CEO of Tether, has asserted that the company does not require a public listing. His statement came in the form of a tweet on April 4th, […]
Nigeria Recognizes Crypto as Securities, Paving Way for Legal Framework
Nigeria has formally embraced cryptocurrencies within its regulatory framework. President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) 2025, establishing a legal recognition of digital assets […]
Elizabeth Warren Demands Investigation into Trump’s Crypto Ties
Senator Elizabeth Warren has called for a thorough investigation into the potential financial ties between former President Donald Trump and the Securities and Exchange Commission (SEC), particularly concerning […]
Illinois Drops Lawsuit Against Coinbase, Signaling Potential Shift in Crypto Regulation
A significant development in the ongoing regulatory landscape surrounding cryptocurrencies has emerged. Illinois has dropped its lawsuit against Coinbase for its staking program, joining a growing number of […]
OKX Faces Financial Penalties for Money Laundering Lapses Across Multiple Jurisdictions
Crypto exchange OKX has found itself entangled in legal and regulatory scrutiny, facing multiple fines from various authorities. The latest incident involves Malta’s Financial Intelligence Analysis Unit (FIAU), […]
EU to Impose $1 Billion Fine on X Over Potential Digital Service Act Violations
The European Union (EU) is preparing a significant fine against Elon Musk’s social media platform, X, formerly Twitter, for alleged violations of its Digital Services Act (DSA). The […]
Justin Sun Raises Concerns About FDUSD’s Financial Stability: What Does It Mean for Investors?
Stablecoins, like FDUSD, are critical to the cryptocurrency ecosystem. But recent allegations by TRON founder Justin Sun have put investor confidence in this stablecoin under scrutiny. Sun has […]