Category: Regulation
Cryptocurrency Regulation News
Jeremy Booth Plays Around Outlawed Cowboy-Themed Collections
The crypto community has gone wild over the new “Outlaws” collection of digital art by NFT artist Jeremy Booth. 10,000 different Profile Pictures (PFP) NFTs…
CPA Warns Crypto Investors To Get Extensions Ahead Of Tax Day
The latest news revealed that the United States tax authority had urged crypto investors to apply for an extension as tax day draws closer. The…
Sweden Government Plans New Tax Structure For BTC Mining Sector
The latest report from the Swedish cryptocurrency industry says that the government is set to initiate a new tax policy for its cryptocurrency industry. This…
Crypto Phishing Attacks Rose By 40% In One Year: Kaspersky Reports
A report executed by Kaspersky claimed that the phishing attack rate in the crypto ecosystem shot up by 40% in a single year. The report…
HashKey Group Launching Wealth Management Services
The spiking demand for financial and investment products has motivated the digital asset provider in Hong Kong HashKey, to diversify its product line. On April…
Another Hacking Recorded, $23 Million Worth Of Cryptocurrencies Stolen
2023 is gradually recording one of the biggest hacking operations in the cryptocurrency world. The latest report from Singapore says that Bitrue: Singapore’s most populous…
Metaverse Is Not For Minors: Online Safety Organizations Urged Zuckerberg
The latest news showed that some online advocacy groups and safety organizations had urged Mark Zuckerberg to refrain from making Meta accessible to minors. The…
Court Orders ‘BitBoy Crypto’ To Address The Court On Allegation Of Harassment
So much has been reported about this story, but the latest update says that a judge has ruled that YouTuber “BitBoy Crypto” must show up…
Investors Edged As Bitcoin Price Stuck In $30K, Traders Expectant
The official $30,000 price level of the Bitcoin has been the focus of recent consolidation for Bitcoin, the largest cryptocurrency in the world by market…
FTX Should Relaunch, Says Ex-sales Chief Of FTX
The former Chief of Institutional Sales for FTX, Zane Tackett, reportedly suggested that the bankrupt FTX exchange should relaunch once more. He added that…
G-7 Members Plans to Support Developing Countries to Launch CBDC
A report from the Group of Seven (G-7) members confirmed that central banks from third world countries will receive support in developing digital fiat. Speaking…
FTX Paid Its Bankruptcy Lawyers $32 Million In February
A recent publication showed that many legal professionals defending the case of FTX’s bankruptcy in the ongoing lawsuit raked in a whopping $32.5 million…
GDAC Exchange Suspends Withdrawal And Deposit Amid $13 Million Cyberattack
Following a cyberattack that resulted in the theft of approximately $13 million in digital assets, cryptocurrency exchange GDAC has stated that it is temporarily stopping…
0.53% Of Crypto Investors Remit Their Taxes To Regulators Globally: Study
Recently, a Swedish analytic firm, Divly, conducted a study exploring how people from different regions comply with crypto tax laws. The study revealed that only…
Case Intensifies, As Ripple Lawyer Defends XRP Security Status
The ongoing legal dispute between the Securities and Exchange Commission (SEC) and Ripple Labs has fueled a fresh debate over the security status of XRP,…
Binance US Arm Fails to Secure Suitable Banking Partner
On April 8, the Binance US arm pursuit of a banking partner failed to yield the desired result. A report from people privy to the…
Texas Policymakers Called Digital Currency Backed By Gold
The Texas policymakers have issued two new identical bills that support the creation of a state-based digital currency. The bill requires trustees to hold enough…
Japan’s FSA Issues A Warning To Four Crypto Exchanges Including Bybit And Bitget
The Financial Services Agencies (FSA) of Japan has released a warning letter addressing the 4 prominent crypto platforms. BitForex, MEXC Global, Bybit, and Bitget are…
Signature Bank’s Failure Is Not Related To Cryptocurrency: NYDFS Superintendent
The manager of the New York Dept. of Financial Services (NYDFS), Adrienne Harris, has debunked the rumor that the U.S. regulators want to introduce an…
‘Bad Faith Regulator:’ Tom Emmer Accuses SEC Boss Of Bad Regulation
Congressman Tom Emmer of Minnesota has referred to Securities and Exchange Commission (SEC) Chair Gary Gensler as a “bad faith regulator” in what looked like…
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