The Thai Securities and Exchange Commission (SEC) has issued a major blow to the cryptocurrency industry, shutting down OKX and Bybit, two prominent exchanges, and others operating without […]
OCC Clarifies Banks’ Role in Crypto Custody, Driving Institutional Adoption
The Office of the Comptroller of the Currency (OCC) has paved the way for banks to offer cryptocurrency custody and execution services, according to its latest regulatory clarification. […]
UK Mandates Crypto Data Reporting by 2026 to Combat Tax Evasion
The UK government has announced plans to implement OECD’s CARF framework for reporting crypto data from 2026 onwards, aiming to enhance tax transparency and combat illicit activities. This […]
Crypto Firms and Banks Collaborate in New Era with Trump’s Regulatory Shift
The crypto industry is experiencing a shift in relationships with traditional financial institutions as Donald Trump’s second term begins, with regulations loosening to encourage collaboration. President Trump’s promises […]
South Korea Unveils Plans to Launch Crypto ETFs & Reform Banking Rules
South Korea’s ruling party, the People Power Party (PPP), has announced plans for spot cryptocurrency ETF trading and expanded banking access by late 2025. This initiative aims to […]
Fed Lifts Restrictions on Cryptocurrency Activities for Banks, Sparking Market Excitement
In a major policy shift, the U.S. Federal Reserve has removed key regulatory hurdles previously restricting banks from engaging in cryptocurrency and stablecoin-related activities. The change marks a […]
Fed Lifts Crypto Notification Rule for US Banks, Simplifying Digital Asset Activities
The Federal Reserve has significantly eased its regulatory approach to cryptocurrencies and stablecoins by withdrawing its prior notification requirement for banks engaging in these activities. This move signifies […]
Crypto Giants Donate Massive Sum to Trump’s Inauguration Fund
Major cryptocurrency firms have contributed heavily to former President Donald Trump’s inauguration fund, with companies like ConsenSys, Solana, and Uniswap donating a collective sum of $239 million. This […]
South Korea Tightens Grip on Crypto Apps, Banning 14 Exchanges from App Stores
Crypto users in South Korea face new challenges as the government intensifies its crackdown on unregistered platforms. A recent wave of bans has removed 14 cryptocurrency exchanges from […]
FDIC Unveils Transparent Framework for U.S. Banks Engaging in Crypto Activities
The Federal Deposit Insurance Corporation (FDIC) is taking a more transparent approach towards regulating crypto-related activities for US banks. Acting Chairman Travis Hill addressed the American Bankers Association […]
Nigeria Officially Recognizes Cryptocurrencies as Securities: Impact and Implications
Nigeria has taken a significant step towards regulating its burgeoning cryptocurrency industry by officially recognizing digital assets as securities under the Investments and Securities Act (ISA) 2025. This […]
Nigeria Officially Recognizes Cryptocurrencies as Securities
In a landmark move, Nigeria has taken a crucial step towards regulating its rapidly growing cryptocurrency industry. President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) […]
OKX Pays $505M to Settle DOJ Charges Over Unlicensed US Operations
Crypto exchange OKX has agreed to pay a $505 million penalty following a guilty plea for operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. […]