Category: Regulation
Cryptocurrency Regulation News
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…
US Legislators Approve FIT21 Cryptocurrency Bill with Bipartisan Support
Democratic and Republican legislators in the United States recently approved the FIT21 bill directed toward cryptocurrencies. The bill was approved following a voting event at…
Taiwan Solves $6.2 Million Crypto Fraud with the Help of Binance
Binance is working with the regulators of Taiwan to bust scammers. The prosecutors in Taiwan have put together evidence that has led to the indictment…
OKX Introduces Local Regulated Cryptocurrency Exchange in Australia
OKX exchange, one of the largest in terms of trading volume, has recently launched a new wing in Australia. The report noted that the new…
Canadian Regulatory Agency Fines $4.4 Million for CFT and AML Violations
Binance is facing regulatory troubles. FINTRAC, the financial regulatory service provider in Canada, recently reported that the firm was involved in allowing 5,902 transactions between…
Hong Kong Central Bank Sets Up Committee to Explore Tokenization Market
Regulatory Agency HKMA and SFC working as regulatory authorities in Hong Kong have joined forces with HSBC and HashKey. The coalition has been formed in…
Hong Kong Crypto ETFs Fail to Grab Investor Attention
The Ethereum and Bitcoin spot ETFs issued and approved within Hong Kong are yet to amass the popularity and traction of their American contemporaries. It…
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