Regulation

Bakkt Sued Over Webull Dependency as Stock Sinks Over 36%

Investors Allege Misleading Revenue Disclosures A group of investors has filed a class-action lawsuit against crypto custody and trading platform Bakkt Holdings, accusing the company...

UK Crypto Leaders Call for Dedicated Blockchain Envoy and National Strategy

Industry Coalition Urges Government to Prioritize Digital Assets for Economic Growth A coalition of six major UK digital economy trade associations is urging the government...

SEC Drops Cases Against Kraken and Others, Signaling Regulatory Shift

SEC Ends Enforcement Actions Against Kraken, ConsenSys, and Cumberland In a major pivot for U.S. crypto regulation, the Securities and Exchange Commission (SEC) has officially...

US to Return $7 Million Seized from Fake Crypto Investment Scams

The United States plans to return $7 million to victims who were duped by fraudulent cryptocurrency investment websites designed to mimic legitimate platforms, according...

Debiex Platform Exposed as Fraud, Faces $2.5M Penalty

Federal Judge Rules Against Debiex in ‘Pig Butchering’ Romance Scam A U.S. federal judge has ordered crypto platform Debiex to pay approximately $2.5 million after...

EU Regulators Reportedly Investigating OKX Over Bybit Hack Funds

European Union regulators are allegedly examining whether OKX’s Web3 services played a role in laundering $100 million stolen in the Bybit hack. However, the...

US Customs Starts Releasing Seized Crypto Miners

Thousands of crypto mining rigs have started moving out of US ports after prolonged seizures, marking a major development for the Bitcoin mining industry. US...

Do Kwon’s U.S. Trial Delayed as Prosecutors Uncover 4TB of Evidence

The U.S. government’s case against former Terraform Labs CEO Do Kwon has been postponed until April after prosecutors uncovered an additional four terabytes of...

UK Sentences First Illegal Crypto ATM Operator to Four Years in Prison

A UK court has handed down the country's first criminal sentence for unregistered crypto activity, sentencing Olumide Osunkoya to four years in prison for...

ESMA Seeks Public Input on Staff Competence Guidelines for Crypto Firms

The European Securities and Markets Authority (ESMA) has launched a public consultation on new guidelines aimed at assessing the knowledge and expertise of employees...

Bybit Removed from France’s AMF Blacklist, Eyes European Expansion

Bybit, a major cryptocurrency exchange, has officially been removed from France’s Autorité des Marchés Financiers (AMF) blacklist. This marks a crucial step in the...

SEC Begins Review of Grayscale’s Proposal for a Spot Dogecoin ETF

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Grayscale’s 19b-4 filing to list a spot Dogecoin (DOGE) exchange-traded fund (ETF). This acknowledgment,...