Coinbase sues SEC, Ark Invest buys $8.6m in Coinbase stock
Key takeaways Crypto exchange Coinbase has filed a lawsuit against the Securities and Exchange Commission (SEC). Coinbase wants the agency...
Regulation
US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion – Regulation Bitcoin News
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution...
Hong Kong to release cryptocurrency framework next month
Hong Kong’s new cryptocurrency licensing framework is expected in May. The Securities and Futures Commission (SFC) chief executive Julia Leung...
UK opens consultation on taxation of DeFi transactions
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a...
Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence – Regulation Bitcoin News
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due...
Terraform Labs Co-Founder Do Kwon Charged by Montenegro Prosecutors – Regulation Bitcoin News
Nearly a month after Do Kwon’s arrest by Montenegro law enforcement, local prosecutors have now indicted the co-founder and CEO...
Crypto Has Evolved From Being Seen as an ‘Anti-Establishment Rebellion Asset’ Says FCA Executive Director – Regulation Bitcoin News
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more...
US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad – Bitcoin News
The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the...
Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted – Regulation Bitcoin News
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in...
Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation – Regulation Bitcoin News
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government...
Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition – Regulation Bitcoin News
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services...
EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules – Regulation Bitcoin News
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators...
US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’ – Regulation Bitcoin News
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in...
Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a...
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit – Regulation Bitcoin News
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that...
Canadian Police Launch Cryptocurrency Investigations Center – Regulation Bitcoin News
The police service of the Canadian city of Calgary is launching a Cryptocurrency Investigations Centre in partnership with blockchain analytics...
G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required – Regulation Bitcoin News
The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of...
Belarus extends tax exemptions for crypto to 2025
Belarus will allow crypto businesses, including miners, to operate tax-free until 2025. Exempted taxes include value added tax, income tax...
DeFi projects could face regulatory requirements, says Hong Kong regulator
Key takeaways A Hong Kong regulator has revealed that DeFi projects could be subject to regulatory requirements. The SFC said...
India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’ – Regulation Bitcoin News
India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important...
G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies – Regulation Bitcoin News
The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs)....
Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg
Singapore authorities are working with banks on new guidance for vetting crypto clients. The guidance will cover stablecoins, nonfungible tokens...
