Category: Regulation
Cryptocurrency Regulation News
Robinhood Pays $10M Fine To State Securities Regulators
Robinhood has been mandated to pay a sum of $10.2 million as a fine after seven state securities authorities found it guilty for harming its…
G7 Countries Are Set To Work On Strict Cryptocurrency Regulations
The Group of Seven (G7), including the top economies of the world like the US, the UK, the European Union, France, Japan, Canada, and Germany,…
Japanese Web3 Developers Pushing For Crypto-Friendly Regulations
A team of Web3 developers from the Japanese Liberal Democratic Party have formulated a white paper proposal outlining effective strategies to broaden the crypto space….
Crédit Agricole And SEB Form Alliance Set To Launch So|Bond
Crédit Agricole CIB and SEB are collaborating to launch a green-tinged blockchain-induced bond platform. Report gathered so far on this development says that the platform…
UAE Central Bank Reconsiders It’s Digital Currency Strategy, Collaborates With Major Industries
A significant industrial partnership that will strengthen the Central Bank of the United Arab Emirates (CBUAE) Central Bank Digital Currency (CBDC) policy has been revealed….
Central African Republic Experiencing Delays in Sango Token Listing
The team behind the Sango project has rescheduled the listing of the Central African Republic’s (CAR) digital currency. An update on Telegram revealed that the…
President Biden Urges US Regulators To Make More Stringent Bank Regulation
According to reports, the president of the United States, Joe Biden, is demanding the federal banking authority to create stricter rules. He reportedly claimed harsh…
Polls Negate Elizabeth Warren’s Stance On Her Wars Against Cryptocurrency
Over a time now, Elizabeth Warren, the U.S. Senator for Massachusetts, has been publicly criticizing cryptocurrency technology. In addition, she has made her fight against…
Boerse Stuttgart Digital Affiliate Company Receives Crypto Custodial Regulatory Approval
On March 30, the German Federal Financial Supervisory Authority (BaFin) approved the Boerse Stuttgart exchange group licensing proposal. The BaFin team allowed the digital company…
Australian Bank ANZ Suspending Cash Withdrawals and Deposits
An official announcement from the leading financial provider in Australia, ANZ, revealed that the bank would suspend cash-related withdrawals and deposits in some branches. Ranking…
Crypto Exchange Bittrex Shutting Down US Office in April
Bittrex, the American-based crypto trading platform, has revealed plans to exit the US market by April 30. The Bittrex team announced on March 31 plans…
India Raised About $19M In the 2023 Fiscal Year Via Crypto Tax
According to the latest reports, the Indian authorities recorded about $19 million from tax collected on crypto transactions in the 2023 Fiscal Year. In addition,…
Thailand Regulators to Abolish Initial Coin Offering Restrictions
A March 30 publication on the Thailand Securities and Exchange Commission (SEC) portal revealed that the regulators would amend the initial coin offering (ICO) regulation. The proposed…
OKX Expanding to Australia, Cites High Demand for Cryptos
On March 29, the second-best crypto exchange by trading volume, OKX, announced plans to pursue the Australian market. Based on the OKX observation, the Australian…
Crypto Exchange Beaxy Shutting Down Operation, Cites SEC Charges
On March 28, the leading crypto exchange in Chicago, Beaxy exchange, announced plans to shut down its core businesses. The reports stated that the ongoing…
Private Bill Introduced By Australian Senator Aims To Fast-Track Crypto Regulation
The Australian Parliament has been presented with an innovative and essential piece of legislation that proposes to govern the crypto industry in the country. Senator…
G-7 Plans To Push For Tighter Cryptocurrency Regulations
Reports suggest that the Group of Seven industrialized nations is gearing up to tighten regulations on cryptocurrencies globally. With a focus on enhancing business transparency…
Chinese Regulators Upgrading National Blockchain Standards By Next Year
A recent pronouncement from the Chinese regulators revealed that the country would prioritize improving the existing blockchain standards. The regulators will issue a new blockchain…
Binance Launching Regional Hub in Georgia to Push for Crypto Adoption
The largest crypto exchange Binance has opened a new blockchain-powered hub in Georgia. The Binance team issued a report on March 26 revealing plans to…
Titanium Blockchain Facing Four-Year Imprisonment Over $21 Million Crypto Fraud Charges
The US Department of Justice (DoJ) issued a report on March 24 announcing the court ruling over the charges facing Titanium Blockchain chief executive Michael…
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