Nigeria regulator halts Binance operations: Report
It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange...
Regulation
crypto needs to ‘double down’ on community support
The crypto industry faced more scrutiny from regulators in the United States this past week, as the U.S. Securities and...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company...
Binance and CZ sued by the SEC
In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States...
The SEC strikes again: First Binance, now Coinbase
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has...
SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao...
FTX debtors object to Genesis’ ‘critical’ claims estimate of ‘$0.00’
Just a month after bankrupt cryptocurrency exchange FTX sought $4 billion from the also bankrupt crypto lender Genesis, it is...
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain...
DCG asks judge to consolidate class-action suits to avoid conflicting decisions
Venture capital firm the Digital Currency Group (DCG) and its CEO, Barry Silbert, have requested to consolidate two class-action lawsuits...
bitFlyer implements FATF’s “Travel Rule” crypto restrictions
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow...
Crypto exchange Bybit announces exit from Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until...
Russia to support crypto exchanges in new framework
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking...
Tourists are unhappy with crypto payments ban in Bali
The government of Bali, Indonesia, recently cracked down on crypto payments for goods and services, reminding tourists that the Indonesian...
Binance begins transition to new regulated platform in Japan
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the...
fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of...
South Korea officials must now disclose Bitcoin holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously...
White House questions impact of AI surveillance on workers
Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new...
SEC emails suggested XRP was not security
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds”...
Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO
Crypto needs to establish itself as a “brand new” component of traditional finance, rather than try to squeeze itself into...
Blockchain technology platform Bakkt looks toward Europe after MiCA
The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt...
Texas proof-of-reserve bill passes through the Senate
Legislation that could require exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers” has made...
Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform
Ripple will participate in the Hong Kong Monetary Authority’s (HKMA’s) digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC)...
