Category: Regulation
Cryptocurrency Regulation News
Buenos Aires-Based Oil Firm To Begin Crypto Mining
Tecpetrol, an Argentinian oil company, has announced plans to convert some excess gas into energy for cryptocurrency mining. The oil firm aims to help reduce…
Binance CEO Deploys Security Team To Help Recover Stolen HTX Assets
A few weeks after the crypto exchange Huobi’s rebranding to HTX, the platform was hacked, resulting in a loss of $8 million. Reacting to the…
Arkansas Regulator Grants Crypto Payment Platform An Operational License
The crypto payment platform Alchemy Pay has gotten the regulatory green light after bagging a payment license in Arkansas to expand its operational base in…
Key Metric Signals XRP’s Impressive Resurgence After Court Verdict
Based on the most recent analysis from crypto research firm Kaiko, XRP, which ranks as the fifth-largest cryptocurrency, is experiencing a notable resurgence. Kaiko’s recent…
Crypto Websites Flourish Amidst Bear Market Conditions
The cryptocurrency market conditions have been intensely debated, with many experts and enthusiasts categorizing it as a bear market. However, this assessment comes into question…
MAS Bans 3AC Founders For 9 Years Over Securities Act Violations
Singapore’s Monetary Authority (MAS) has issued nine-year ban orders against Kyle Davies and Zhu Su, founders of defunct crypto lending firm Three Arrows Capital (3AC)….
France Introduces Licensing Regime To Regulate Activities Of Crypto Influencers
French authorities have responded to the rise of activities of investment product promoters, otherwise known as ‘finfluencers,” by introducing a licensing program to oversee their…
Ripple Executive Shares Insights About SEC Appeal; Deaton, Others Weigh In
As the legal battle between the US Securities and Exchange Commission (SEC) and Ripple intensifies, recent events have underscored the controversial nature of the conflict….
$5M Fine: Is The US SEC Softening Its Stance Against Crypto?
The United States Securities and Exchange Commission (SEC) has been the center of speculation over its recent actions in the ongoing legal proceedings against Impact…
Lawyers Profit Immensely From Handling Crypto Bankruptcy Cases – Report
In the fast-paced and often unpredictable world of cryptocurrencies, where fortunes can be made or lost in the blink of an eye, one group of…
The XRP Community Debates Ripple’s Influence On XRP’s Future; Here’s Why
Prominent voices in the XRP community are challenging the belief that Ripple’s efforts alone can propel XRP to new heights in the cryptocurrency market. This…
Chinese Court Recognizes Virtual Assets As Legal Properties
A recent development on the legal status of virtual assets has surfaced in China after thoroughly examining their attributes within the country’s criminal law. According…
Security Tokens Vs Utility Tokens: Key Differences
Introduction There are many types of cryptocurrencies based on their function, design, and utilization. This article runs a comparative analysis of Security and Utility tokens….
Binance To End BUSD Support Within The Next Six Months
Binance, the cryptocurrency trading platform, recently announced that it has decided to withdraw support for the BUSD stablecoin on its platform gradually. The exchange will…
What is KYC and Why Does It Matter for Crypto Exchanges?
Introduction Most investors enter into the crypto markets via cryptocurrency exchanges. Centralized crypto exchanges are regulated and they implement checks such as KYC to ensure…
17% Share Price Gain Could Eliminate GBTC ‘Discount’ by 2024
The Grayscale Bitcoin Trust (GBTC) is on track to eliminate its BTC price “discount” by 2024 after a 17% gain in its share price. This…
US Court Orders SEC To Review Of Grayscale’s Bitcoin ETF Application
The United States might soon record its first-ever Bitcoin exchange-traded fund (ETF). This exciting development comes on the heels of a recent directive from a…
PM Modi Calls For Uniform Global Crypto Regulatory Framework
During the annual G20 summit, Indian Prime Minister Narendra Modi emphasized the importance of global cooperation in developing comprehensive cryptocurrency regulations. With India currently at…
Crypto Community Kick Against Biden’s Tax Regulation; Here’s Why
The cryptocurrency tax rules proposed by the President of the United States, Joe Biden, have alarmed the crypto community. The new guidelines are based on…
Crypto-Backed Mortgage: What Are They And How Do They Work?
As the cryptocurrency market grows, suggestions for using crypto assets as loan collateral have continued to gain traction. Their high volatility and potential for significant…
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