Lawmakers in the U.S have called on the Department of Justice to investigate crypto exchange Binance and issuer of USDT stablecoin, Tether to ascertain their involvement with terrorism. This call comes following the terrorist attack on Israel a few weeks ago. In…
In a recent turn of events, crypto assets have appeared as an effective conduit for transferring funds to support the Hamas militants. The shift to crypto terrorist financing has attracted the attention of global policymakers and regulators. On Wednesday, October 25, Sean…
Coinbase has again filed for a dismissal of the securities and exchange commission (SEC)’s case against it. This is the second time the exchange has filed for a dismissal of the case. However this time, it says the SEC is out of…
On Friday, October 20, the California-based crypto game Upland raised $7 million in a Series A funding round. The EOS Network led the successful fundraising in collaboration with other crypto and blockchain firms, including Animoca Brands and C3 Venture Capital. EOS Leads…
The U.S. securities and exchange commission (SEC) has dropped its charges against Ripple’s top executives Brad Garlinghouse and Chris Larsen over whether they are liable in their involvement in illegal securities sales. In a filing on 19 October, the agency wrote to…
The chairman of the U.S. securities and exchange commission (SEC), Gary Gensler says his agency is working on multiple Bitcoin ETF applications. When asked on Wednesday about the ongoing review process for spot bitcoin ETFs, Gensler said “The staff is doing work…
Coinbase has been pushing for regulatory clarity for the crypto industry in the United States. The crypto exchange has been in court on allegations of securities laws violations, but insists that regulatory clarity is missing, and so there’s no basis for such…
In a Monday October 16 press release, Tether, the largest stablecoin issuer by market capitalization, blocked 32 digital wallets tied to the Palestine terrorist group Hamas. The report indicated that Tether joined forces with the Israeli law enforcement units to weaken the…
In an official communication, Bosun Tijani, Minister of Communications, Innovation and Digital Economy in Nigeria, confirmed that the government plans to invest in expanding artificial intelligence (AI) technologies. The minister stated that the Nigerian government will provide a grant to finance AI-related…
The European Securities and Markets Authority (ESMA) has pointed out risks associated with decentralized finance (DeFi). The regulator in a report outlined multiple risks that investors in DeFi are exposed to, as well as risks to financial stability. Specifically, the ESMA warned…
Top crypto exchange Coinbase has expressed what it calls “serious concerns” about the new tax rules proposed by the IRS. The exchange in a 14-page letter to the Internal Revenue Service on Thursday detailed its concerns about the “nature and scope” of…
In a recent report, the former chief executive of the bankrupt crypto lender Voyager Digital, Stephen Ehrlich, faced two charges for misleading customers. An October 12 report demonstrated that the Commodities and Futures Trading Commission (CFTC) filed charges against the former Voyager…
Lawmakers in Taiwan intend to propose a crypto asset bill for first reading by the end of November. A member of Taiwan’s parliament, Yung-Chang Chiang in an interview with The Block said a dedicated crypto asset act is necessary to regulate crypto…
In a recent report the government of Uzbekistan revealed plans to adopt restrictive measures in crypto mining. A bill on licensing crypto mining activities has been discussed in several Uzbekistan legislative bodies. In an exclusive interview with a local newsroom, the National…
The Canadian financial regulator, the Canadian Securities Administrators (CSA) has announced new guidance concerning the trading of stablecoins by crypto exchanges. The agency announced under its interim approach to the trading of stablecoins, that exchanges can trade stablecoins if they strictly adhere…
Hong Kong financial watchdog, the Securities and Futures Commission (SFC) has joined forces with the Hong Kong police to track suspicious crypto activities in the region. This is coming as crime rate around cryptocurrencies continue to increase as more crypto companies rush…
As the long pursuit to find the best successor for President Alberto Fernadez nears the end, several Argentine candidates have voiced their opinions on the practical measures to hedge the biting inflation. Speaking at the first presidential debate held on Sunday, October…
As the crypto sector prepares to tap new opportunities in the upcoming Bitcoin halving, miners in Kazakhstan have expressed concerns on the limitations imposed by the government on crypto mining. In October 3 report the crypto miners advised President Kassym-Jomart Tokayev to…
Top crypto exchange Coinbase has secured a Major Payment Institution license in Singapore after securing an in-principle approval last year. The license granted by the The Monetary Authority of Singapore empowers Coinbase’s Singapore office to offer a wider range of Digital Payment…
As Brazil continues to witness a surge in crypto adoption, the regulators are taking strategic action to nurture the attractiveness of the digital sector. An official announcement by the Brazilian authority revealed that the government plans to roll out a blockchain-powered digital…
