Synthetic stablecoin provider Ethena Labs has ceased operations in Germany. The company’s German subsidiary, Ethena GmbH, has been shut down following a March enforcement action by the German […]
South Korea Cracks Down on Unregistered Crypto Exchanges
South Korea is intensifying its efforts to regulate the cryptocurrency market by removing unauthorized foreign exchanges from app stores. On April 11, the Financial Services Commission (FSC) confirmed […]
South Korea Cracks Down on Unregistered Crypto Apps: KuCoin and MEXC Targeted
South Korea’s regulatory crackdown on unlicensed crypto platforms has intensified, leading to the blocking of 14 apps from the Apple App Store. The move aims to curb illicit […]
SEC Cryptocurrency Tariffs Spark Industry Concerns and Market Uncertainty
The U.S. Securities and Exchange Commission (SEC) has announced new tariffs on cryptocurrency transactions, raising concerns about their long-term impact on the industry. This action was made in […]
Abu Dhabi Fines Hayvn & Former CEO over Licensing Violations, AML Breaches
Abu Dhabi’s financial watchdog has imposed a significant penalty of over $12 million against cryptocurrency firm Hayvn and its former CEO, Christopher Flinos, for violating regulatory guidelines. The […]
Jamie Dimon Warns of Potential Chaos in US$30 Trillion Treasury Market
JPMorgan Chase CEO Jamie Dimon has issued a concerning warning about the potential disruptions in the U.S. Treasury market, which currently stands at $30 trillion. His comments highlight […]
Bitcoin Price Plummets Amidst Regulatory Pressures
Bitcoin experienced a significant price decline this week as new regulatory measures were announced, impacting investor sentiment globally. These measures intensify scrutiny over cryptocurrency exchanges and transactions, leading […]
U.S. Set to Enforce Fines on Crypto Miners for Emissions Under New Clean Cloud Act
A new U.S. bill, the Clean Cloud Act, targets cryptocurrency miners’ emissions starting October 15th, 2023. This legislation aims to penalize non-compliant crypto mining companies and could significantly […]
Crypto Market Reacts to New Regulatory Policies in US and China
The cryptocurrency market is facing significant changes following the recent introduction of new regulatory policies by major economies like the United States and China on October 20, 2023. […]
SEC Clears Bill Hinman of Ethical Violations, Dismissing Financial Ties Claim
In a move to clarify the situation surrounding former SEC Director of Corporate Finance Bill Hinman’s Ethereum speech in 2018, the U.S. Securities and Exchange Commission (SEC) has […]
Will Policy Response Shake Up Crypto Market Amidst Bitcoin Rally?
Bitcoin’s recent surge towards a record high has raised concerns among some experts. Arthur Hayes, co-founder of BitMEX, warns that this rapid growth may trigger regulatory intervention from […]
Senators Reintroduce Bill To Ban Crypto Co-mingling, Boost Transparency
U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds Act (PROOF Act) to address concerns over crypto fund co-mingling following the FTX […]
Trump Dismantles Controversial DeFi Regulation: A Major Victory For the Crypto Industry
President Donald Trump has signed a resolution effectively repealing the controversial IRS DeFi Broker Rule, marking a significant victory for the cryptocurrency sector and its supporters in Congress. […]
Russia Seeks Crypto Regulation for Cross-Border Payments
Facing limitations on traditional financial systems due to Western sanctions, Russian logistics giant ETE Group calls for a clear crypto regulation framework in Russia. They believe this framework […]
NY Attorney General Proposes Ban of Crypto in Retirement Plans
New York Attorney General Letitia James has urged Congress to strengthen crypto regulations and ban digital assets from retirement accounts, citing their volatility and lack of intrinsic value. […]