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...
Regulation
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),...
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is...
UK Bill Recognizes Digital Assets as Personal Property Under New Law
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets...
Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of...
State Regulator Warns of Crypto Fraud After Investor Loses $750K
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A...
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes...
India’s FIU Considers Approving More Offshore Crypto Exchanges
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting...
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto...
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal...
Okx Approved to Provide Cross-Border Payment Services in Singapore
Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it...
SEC Charges Abra With Unregistered Sales of Crypto Asset Securities
The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing...
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs)...
Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset...
New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims...
