It is no longer news that the securities and exchange commission (SEC) in the U.S. led by Gary Gensler is aggressively pursuing crypto regulations enforcement. What’s new is that the agency is extending its focus to artificial intelligence, thus focusing on AI…

Coinbase has been in court since June, following the securities and exchange commission (SEC) allegations of security laws violation. The exchange has however challenged the SEC case, citing the Ripple win against the agency as a reason to dismiss its case. Coinbase…

The digital arm of Nomura, Laser Digital has successfully obtained a license as a virtual asset services provider in Dubai. The firm is set to launch services including over-the-counter crypto trading services and investment products for institutional investors in the coming months…

Binance has won an Operational MVP License from Dubai’s Virtual Assets Regulatory Authority (VARA), the exchange announced in a blog on July 31. This makes the world’s largest crypto exchange by trading volume the first to secure such a license in the…

The Saudi Central Bank (SAMA) and the Hong Kong Monetary Authority (HKMA) have signed a memorandum of understanding (MoU) today to strengthen collaboration between the financial services sectors in the two jurisdictions. The MoU was signed during a bilateral meeting held in…

The world’s largest crypto exchange by trading volume Binance has withdrawn its initial application to Germany’s financial regulator BaFin. The exchange says it took the decision considering the tough regulatory struggle the crypto industry is facing. Binance had embarked on an expansion…