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Archive: News

News

Crypto CEO’s Seek Trump’s Ear Ahead of Inauguration Amid Policy Push

Circle CEO Jeremy Allaire confirmed a $1 million token donation to President-elect Donald Trump’s ...

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US to Hold Crypto Providers Accountable for Fraud Losses

The US Consumer Financial Protection Bureau (CFPB) has proposed a new rule to enhance ...

News

Kenya Moves To Legitimize Cryptocurrency With New Policy Framework

Kenya’s Treasury Cabinet Secretary, John Mbadi, has unveiled plans for a draft policy regulating ...

News

Ripple RLUSD MiCA Compliance Fuels Transaction Boom

Ripple’s RLUSD stablecoin is rapidly gaining traction as a MiCA-compliant alternative amid regulatory challenges ...

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Malaysian Regulator Targets Bybit for Operating Without License

The Securities Commission of Malaysia (SC) has ordered cryptocurrency exchange Bybit and its CEO ...

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Japan’s Financial Regulator Tightens Crypto Exchange Oversight

Japan’s Financial Services Agency (FSA) has released its 2024 monitoring report, emphasizing the need ...

News

Crypto Custody Firm Copper Abandons UK License Amid FCA Scrutiny

Copper Technologies, a cryptocurrency custody firm backed by Barclays, has withdrawn its application for ...

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US Cracks Down on North Korea’s Crypto Crime Syndicate

The U.S. Treasury Department has sanctioned two Chinese nationals, Lu Huaying and Zhang Jian, ...

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Australian Court Hit Kraken with $8M Fine as Margin Lending Move Backfires

The Federal Court of Australia has fined Bit Trade, the operator of Kraken’s Australian ...

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Australia Takes Action Against Non-Compliant Crypto ATMs

The Australian Transaction Reports and Analysis Centre (AUSTRAC) issued a warning to crypto ATM ...

News

Australia’s ASIC Targets Tighter Rules for Stablecoins, Wrapped Tokens

Australia’s securities regulator, the Australian Securities and Investments Commission (ASIC), has proposed tighter oversight ...

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Binance Grows Compliance Staff to Meet Industry Needs

Binance is strengthening its compliance efforts, planning to expand its compliance team to 645 ...

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Federal Judge Denies Kraken Appeal in SEC Case

A California federal judge has denied Kraken’s request to appeal a decision allowing the ...

News

Crypto Enforcement Might Ease Under Trump Amid Immigration Focus

Under President-elect Donald Trump, cryptocurrency enforcement is expected to take a backseat as immigration ...

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Italy Eases Crypto Tax Hike, Slashes Proposed Rate to 28%

Italy’s government is reconsidering its crypto tax hike, lowering the proposed increase from 42% ...

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California Revokes BlockFi’s License Amid Bankruptcy Woes

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked BlockFi’s lending ...

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Nigeria Drops Charges Against Binance Executive: Details

Nigeria has dropped money laundering charges against Tigran Gambaryan, Binance’s Head of Financial Compliance ...

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UK FCA Justifies Tough Crypto Measures Against Illicit Activities

The UK’s Financial Conduct Authority (FCA) has defended its strict registration requirements for crypto ...

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Italy Aims to Hike Crypto Capital Gains Tax to 42%: Details

Italy plans to raise its capital gains tax on Bitcoin and other cryptocurrencies from ...

News

UAE Greenlights First AED Stablecoin Issuer with In-Principle License Approval

The Central Bank of the UAE (CBUAE) has granted in-principle approval to AED Stablecoin, ...

News

Dubai Crypto Regulator Sends Cease-and-Desist Orders to 7 Firms

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued cease-and-desist orders and fines to seven ...

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