India Cracks Down on $48M Crypto Fraud in Fiewin Gaming App With Binance Help
India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese...
Regulation
Taiwan’s Regulator Allows Professional Investors to Access Digital Asset ETFs
Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage....
Uruguay Passes Cryptocurrency Law
Proposed over two years ago, the law recognizes cryptocurrency as virtual assets in the country, establishing the Central Bank of...
Ripple Gets Green Light for Dubai Expansion
Ripple, a digital asset infrastructure provider, has received approval to expand its operations in Dubai. The Dubai Financial Services Authority...
SEC’s Enforcement Chief Steps Down After Leading Over 100 Crypto Enforcement Actions
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, will leave the agency next...
Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While...
Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see...
Lawyer Expects SEC to Challenge XRP Ruling as Appeal Deadline Approaches
A former lawyer with the U.S. Securities and Exchange Commission (SEC) anticipates the agency will challenge Judge Analisa Torres’ decision...
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS)...
SEC Fines Mango DAO for Unregistered MNGO Tokens
The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for...
Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases
The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into...
Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges...
Lawmakers Question SEC Over Disruptive Crypto Custody Rules
Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset...
Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator
Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider...
US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops
Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops,...
FATF Urges India to Strengthen Virtual Asset Regulation
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money...
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved...
SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add...
Lawmaker Flags Concerns Over SEC’s Crypto Approach
Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing...
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its...
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital...
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act),...
