The largest cryptocurrency exchange in the United States has made a major announcement in regard to its business expansion. The exchange has announced that it is constantly expanding its business throughout the world. The exchange is currently targeting the European region and…
Crypto payments firm Ripple Labs introduced the cryptocurrency that is widely known as XRP and the token saw an 11% increase in its value on Friday morning. This comes after a strong week of gains for the crypto driven by the hope…
On Tuesday, lawmakers were informed by an official of the US Department of Treasury that cryptocurrencies could be used for sanction evasions by Russia. The official stated that Russian President Vladimir Putin may use these virtual currencies for evading the sanctions that…
On Monday, the US Securities and Exchange Commission (SEC) filed a federal lawsuit against Ian Balina for not registering a crypto as a security before he conducted an initial coin offering (ICO) in 2018. At first glance, everything appeared to be standard…
The Chamber of Digital Commerce has recently made a statement that involves the US SEC and what it will need to do with incoming ETF requests. SEC to Approve Requests for ETF The Chamber of Digital Commerce, the crypto advocacy group has…
Once again, the Huobi exchange has found itself under hot waters and this time, it is the regulators in Malaysia that have stepped up against the exchange. SC of Malaysia adds Huobi to Alert List The reports have just come in from…
Key government institutions in Russia have come to a consensus that they need to legalize the use of cryptocurrencies for making international settlements. The last few months had seen this particular proposal garner support because there have been an increasing number of…
Brad Sherman, a US Representative, said that cryptocurrencies have not been banned by Congress because they have too much power and money. He elaborated that they hadn’t banned crypto as yet because money works for campaign contributions and it works for lobbying…
California could become one of the first states in the US to require all crypto businesses and companies to get a special license for operating. How can it make it happen? All it needs is a simple signature from the governor and…
The Wife of Alexey Pertsev (the creator of Tornado Cash) has been banned by the Dutch authorities from talking to him. Ksenia Malik stated that the authorities were dealing with her husband as if he was a dangerous criminal after he got…
Pat Toomey (a U.S. senator from Pennsylvania) has sent Martin Gruenberg the acting chairman and director of the Federal Deposit Insurance Corporation) a letter. The senator has asked questions regarding the allegations raised against the operations of the FDIC. The senator considers…
The Directorate of Enforcement in India declared on Friday to have terminated the financial accounts related to Yellow Tune Technologies (a financial services firm based in Bangaluru), a few among which were under the possession of a crypto exchange named Flipvolt (Singapore-based…
The chairman of the Financial Services Commission of South Korea stated that the watchdog has a strategy to speed up the review of up to 13 bills remaining in the National Assembly of the country related to digital assets. As per a…
The Monetary Authority of Singapore (MAS) evaluates the regulatory regime’s merits for stablecoins. The present instructions deal with Anti-Money Laundering as well as Know Your Customer (KYC) matters without reflecting the particular hazards associated with the stablecoins. Financial Watchdog of Singapore Moves…
The Federal Deposit Insurance Corporation (FDIC) of the United States has released an advisory notifying the common masses that the assets offered by crypto companies and other non-bank bodies are not insured by it. In a notice of Friday, it was advised…
The Financial Supervisory Commission (FSC) – which is the main financial regulator in Taiwan – released a note for the banking industry, stating that virtual assets providers (VASPs) should not be permitted by them to play the role of a merchant to…
South Korea-based prosecutors at the back of Terraform Labs’ investigation have reportedly initiated an operation against fifteen companies to analyze and seize them, taking into account 7 crypto exchanges. Top Crypto Exchanges Undergo Accusations of Terra Crash As per a report from…
Coinbase, a crypto exchange based in the United States, keeps on aggressively expanding its span throughout Europe as it has been approved to provide crypto services in the jurisdiction of Italy. On 18th July, it was declared by Coinbase that the platform…
A letter has been sent by Infrawatch PH – a native think tank within the Philippines – to the country’s Department of Trade and Industry (DTI), persuading the government organization to initiate an inquiry on Binance (counted among the top crypto exchanges…
South Korea’s Financial Supervisory Service (FSS) has started an inquiry on payment gateway facilities that operate with digital assets. The agency is known as the financial regulator of the country and runs in line with the FSC (Financial Services Commission), with both…
