The Russian invasion of Ukraine is being discussed globally. The whole world has condemned this Russian act and is keeping an eye on the situation. The international media is covering this issue. The Financial Times released a report on Friday in which…
The FSB (Financial Stability Board), a worldwide financial authority having been funded on the behalf of the Bank for International Settlements, has issued a unique report over the hazards posed by crypto to the financial stability. The 30-leafed study elaborates several financial…
The US SEC (Securities and Exchange Commission) has recently declared a settlement of nearly $50M with BlockFi (a platform for lending crypto). In this settlement, the company requires to recompense the respective amount to 32 states due to not registering the crypto…
The Canadian provincial government of Ontario has been ordered on the behalf of the Superior Court of Justice to halt millions of dollars donated over the GiveSendGo venue to the protesters of Freedom Convoy. This count to be the second time for…
Over the course of recent time, there has been seen harsh word exchange between Russia and Ukraine, which led both countries into war. A few days ago, Russia attacked Ukraine due to different reasons; continuous attempts to join NATO are also one…
Just a few weeks ago, StockX commenced with its initial official venture into NFTs, through the launch of StockX Vault. StockX is known as a hypebeast and sneakerhead cultural hub. In an endeavor to tokenize the physical assets thereof, StockX pursued a…
Bithumb – an exchange based in South Korea – will prohibit the consumers thereof from withdrawing their crypto holdings to the private wallets that are unverified. A similar policy has been implemented by Coinone as well as the other well-known exchanges like…
The Financial Conduct Authority of the United Kingdom has expressed concern about an agreement that would give Binance access to Paysafe, which is a local payment provider. According to the published reports, the regulator showed helplessness by saying that due to finite…
The prominent monetary regulator of the United Kingdom called FCA (Financial Conduct Authority) recommended implementing more strict rules over the advertisement of high-risk investments like digital assets. The regulator was of the view that no permission should be granted to these companies…
Advertisements are a common occurrence during the Super Bowl, but this time around, there were ads from some of the leading names in the crypto industry, such as FTX, Coinbase, and Crypto.com. Due to the appearance of these advertisements during the sporting…
Hong Kong and China might probably be near per the geographical distance thereof. However, there is a clear difference in methods by which both the authorities regulate crypto. A recent instance provided a great example to elaborate on this. The laundering event…
The U.S. Treasury Department has pointed out the great-value-based art market, displaying the potential in NFTs to conduct illegal operations such as money laundering or terrorist financing. According to the treasury’s study, the rising usage of art as a financing or fiscal…
Cyber Vigilante detects DeFi scammers fleeing with a $25M rug pull. A special interview was taken by a news agency on finding out a group of decentralized finance scammers guilty of the $25M StableMagnet rug pull. In the digital finance world, where…
During the uncertainly prevailed around the potential future of crypto in Russia, one of the executives from the native industry has revealed a likely procedure to be followed by the Russian Central Bank to put a prohibition over the transactions of cryptocurrencies….
According to a blog post from Binance, the largest crypto exchange in the world based in trading volume has put pen to paper for a Memorandum of Understanding with the DWTCA. The company believes this will enhance the commitment of Dubai in…
Regulators in Russia have been struggling hard to expedite the supervision over the sector of cryptocurrency. In the latest order, a ban has been placed by the Bank of Russia over the combined funds from making digital currency investments. A Translated paper…
The exiled Government of National Unity in Myanmar has officially asserted Tether as its official currency to be used amongst its people. In hopes of tackling the military government in power and promoting the use of cryptocurrencies, the Exiled National Unity Government…
A non-profit organization devoted to government supervision is having involvement in prosecuting the U.S.-based SEC (Securities and Exchange Commission), accusing that the organization has a clash of interest in tackling the space of cryptocurrency. The SEC is being sued by Empower Oversight…
With regards to the increasing interest in the crypto space in South Africa and, also the popular crypto scams having their roots in the country, the country’s Financial Sector Conduct Authority has issued new crypto regulations in South Africa that will further…
Advisory Board of Pakistan has published a document containing details suggesting that a large number of Pakistanis and dual nationality holders are owners in possession of billions of dollars worth of digital currencies. If crypto law is provided and tax is imposed…
