CFTC Pays $1M to Whistleblower in Digital Asset Case
The Commodity Futures Trading Commission paid a $1 million whistleblower award for information leading to an enforcement action in digital...
Regulation
Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade
Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies,...
Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024
Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration...
Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada
Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in...
SEC Charges Novatech in $650 Million Crypto Fraud Scheme
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto...
New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw...
Thai SEC Launches Digital Asset Regulatory Sandbox
The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested...
47 Companies Apply to Operate in Turkey Under New Crypto Regulations
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include...
Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts
Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity...
Indian law enforcement agency DGGI wants $86M unpaid GST from Binance
India demands $86 million in unpaid GST from crypto exchange Binance. Indian law requires 1% TDS on crypto transactions and...
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed...
New Senate Bill Empowers US Secret Service to Combat Digital Asset Cybercrimes
U.S. senators have introduced legislation to empower the Secret Service to combat cybercrimes involving digital assets. This legislation addresses the...
Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According...
French Regulator Begins Accepting Crypto Service Provider Applications Ahead of MiCA Regulation
The French financial regulatory authority has begun accepting applications for authorization as a crypto asset service provider under the European...
Australia Flags Over 2,000 Compromised Crypto Wallets
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The...
Coinzoom Operations Suspended in Ohio Following Regulatory Examination
The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following...
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic...
US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve
U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve...
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The...
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its...
Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July...
Vivek Ramaswamy Predicts Trump’s Crypto Advantage and Harris’ Digital Asset Policy
Vivek Ramaswamy, a former presidential candidate, has predicted that former U.S. President Donald Trump will gain support from pro-bitcoin and...
