Category: Regulation
Cryptocurrency Regulation News
All You Need to Know About Elon Musk’s Department of Government Efficiency (D.O.G.E)
X owner Elon Musk is expected to lead the new US government initiative intended to cut unnecessary expenses. Known as the Department of Government Efficiency…
Kamala Harris Crypto Plans Attract Mixed Reactions
Seeking to win the support of Black men, Kamala Harris’s campaign team released a surprising agenda earlier this month that included a commitment to formulate…
Worldcoin Rebrands, Introduces New iris-Scanning Orb
Controversial crypto project Worldcoin has rebranded to World and introduced a redesigned version of its eyeball-scanning equipment, Orb. Sam Altman, the co-founder of artificial intelligence…
How to Identify and Avoid Unregulated Cryptocurrency Platforms
While crypto promises financial freedom, it comes with numerous risks that can cause users to lose their funds within seconds. For example, cybercriminals have, over…
Court Orders 86-Year-Old Former Attorney to Pay $14M for Operating Bitcoin Ponzi Scheme
David Kagel, an 86-year-old ex-attorney, has been ordered by a US court to pay $14 million after being found guilty of masterminding a Bitcoin Ponzi…
Expert Claims ‘Uptober’ Might Start Soon – Here is Why
Bitcoin’s price rose 3.2% on Friday after a job report from the Bureau of Labor Statistics indicated that the United States was far from experiencing…
Elon Musk Dodges $258B Dogecoin Lawsuit as Court Dismisses Case
A lawsuit brought against Tesla CEO and X owner Elon Musk over allegations of market manipulation was dismissed by a US Judge on Thursday. The…
Here Are Trump’s Crypto Promises, From Firing Gary Gensler to Boosting Bitcoin Mining
Over the past few months, former US President Donald Trump has made several promises to crypto players in an effort to persuade them to support…
European Stablecoin Sector Flourishes Following the Implementation of MiCA
The French and Irish tech firms operating in the region are working together in order to launch a new euro-backed stablecoin. The token launch is…
Nigerian Crypto Community Demands Regulatory Reforms
As per the report, the crypto advocacy group in Nigeria recently arranged a protest to call for regulatory reforms. On this account, the industry participants…
Grayscale to Trust Bitcoin Mini Trust on NYSE Arca After SEC Approval
Grayscale has been granted approval for another Bitcoin trust to list as an ETF offering. The report noted before that the investment vehicle will get…
US SEC Approves VanEck’s Ethereum ETF
VanEck has received regulatory approval for its Ethereum ETF application. The firm filed for the application in 2021 and recently secured approval from the Securities…
Report: Binance to Sell Majority Stake in Gopax Exchange
Binance Exchange has completed all the requirements to finalize the sales of a sizeable stake in the Gopax exchange. Binance exchange has sold more than…
UK Court Issues Order to Seize Craig Wright’s Assets
Prof. Craig Wright had been convicted in the matter of falsely claiming to be the original creator of digital currency namely Bitcoin. However, his claim…
Bitstamp to Remove Euro Tether Following New MiCA Rules
Bitstamp is one of the first crypto trading platforms to list euro-stablecoins issued by the Tether project. Tether, the issuer of USDT stablecoin, launched a…
FCA Arrests Two Suspects in $1.2 Billion Crypto Business
The Financial Conduct Authority of the United Kingdom has recently taken financial criminals into custody. As per the details about the case, the apprehended party…
South Korea Asks Crypto Exchanges to Regularly Review Listed Tokens
The regulatory agencies of South Korea have ordered local cryptocurrency trading platforms to review local token listings. The notification has indicated that FSC has notified…
Terraform Labs Announces to Cease Operations After $4.5 Billion SEC Settlement
Terraform Labs is planning to sell important projects based on the Terra network. Once the sales are concluded, the firm will hand over control of…
Robinhood Plans to Offer Crypto Institutional Trading in the US by Acquiring Bitstamp Exchange
Robinhood has finalized a $200 million deal with Bitstamp. The firm is currently in the middle of dealing with a Wells notice from the Securities…
YouTuber Ian Balina Loses Case Against SEC for Selling Unregistered Securities
YouTuber Ian Balina lost the case against the Securities and Exchange Commission recently. As per the report, a federal United States judge issued the verdict…
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