Although China outlawed crypto trading in 2021, major exchanges continue to court Chinese customers. For example, a document submitted as part of FTX’s bankruptcy filings in November reveals that Chinese users accounted for 8% of […]
The U.S. Department of Justice (DOJ) is investigating whether Binance was used illegally by Russians attempting to bypass U.S. sanctions. As Bloomberg reported on Friday, the inquiry by the Justice Department’s national security division is […]
The U.S. Securities and Exchange Commission (SEC) has issued Coinme, Up Global, and Neil Bergquist, who led both companies, with combined fines of nearly $4 million. The fine, announced by the SEC on Friday, relates […]
As India prepares to host the G20 summit in September, crypto regulation is a hot topic. While the event won’t be the first time world leaders have discussed crypto regulation, the past year has seen […]
Zimbabwe’s central bank will launch a gold-backed digital currency, the national newspaper, The Sunday Mail reports. And although technically the tokens could be considered a form of central bank digital currency (CBDC), they are better […]
In a bid to drive CBDC adoption, the Chinese government is pushing to pay state employees in digital yuan (e-CNY). Public Employees Receive Wages in Digital Yuan Considering it is arguably the most mature central […]
The EU’s Markets in Crypto Assets (MiCA) regulation could become a global standard. Now approved by the European Parliament, MiCA will affect centralized crypto exchanges that do business in the EU. It could also shape […]
News broke today that Alexey Pertsev, the developer of the Tornado Cash app, will soon be a free man following his detention in the Netherlands since August 2022. In response, the token TORN has surged, […]
Gary Gensler gave testimony before the United States House of Representatives Committee on Financial Services this morning. He spoke about crypto assets as well as the intermediaries who handle crypto-related financial services. Gary Gensler has […]
New regulation from the Belgian Financial Services and Markets Authority (FSMA) introduces stricter rules for ads for crypto assets. These include providing notice to the FSMA ten days before launching an advertising campaign. Also, a […]
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