The Financial Conduct Authority (FCA) in the UK has announced a fresh crackdown on social media promotion of financial products. According to a press release on Monday 17 July, the financial watchdog said it will focus primarily on the use of memes…

The Financial Stability Board (FSB) has finalized a global regulatory framework for cryptocurrencies that will ensure coordinated regulation of the crypto industry. The board in a press release on Monday 17 July said the framework will promote the comprehensiveness and international consistency…

Regulatory authorities in Argentina have given approval for the first Bitcoin-based futures contract. The futures contract is already available for trading to qualified investors via the Matba Rofex trading platform. The approval was given by the Argentine financial markets regulator, the National…

A court sitting in the Southern District of Florida has ordered crypto exchange Digitex to pay a $16 million fine for operating an unregistered crypto exchange. The court gave the order on account of charges by the US Commodities and Futures Trading…

The court case between Coinbase and the US securities and exchange commission (SEC) has been on for weeks, and the process is getting more interesting. In the latest happenings, the SEC has accused Coinbase of Knowingly violating securities laws. The SEC had…

Binance offices in Australia have been invaded by personnel of the Australian Securities and Investments Commission ASIC). The search was carried out yesterday Tuesday 4 July as part of an ongoing probe of the exchange’s defunct derivatives business. In a statement shortly…

Starting November 2023, crypto exchanges in South Africa will be required to register with the country’s financial regulator or face sanctions. This comes after the Financial Sector Conduct Authority (FSCA) declared that no exchange will be allowed to operate without a license….

Two South East Asian countries have taken steps to protect crypto investors in their Jurisdiction. Singapore and Thailand have both today 3 July banned crypto exchanges from offering crypto lending services. This is coming as the countries say they have investor protection…

While other countries are busy looking for ways to regulate cryptocurrencies, New Zealand wouldn’t have any part in it. The Reserve Bank of New Zealand in a statement today Friday 30 June notified citizens of its intention to monitor the industry, but stated…

The world’s leading crypto exchange Binance continues to face trouble in Europe with a major banking partner pulling out of the partnership with the exchange. Binance announced that its euro banking partner, Paysafe Solutions, will stop supporting euro payments for the cryptocurrency…