Regulation
DOJ Counters Bid to Dismiss Tornado Cash Case
The U.S. Department of Justice (DOJ) has responded to a motion to dismiss criminal charges against Roman Semenov, developer of the cryptocurrency mixer Tornado...
20-Year Sentences Proposed in Taiwan’s ACE Exchange Fraud
In a significant crackdown on cryptocurrency fraud, Taiwanese prosecutors have proposed a minimum of 20 years imprisonment for the four primary suspects involved in...
EU Introduces DeFi Regulations: Opportunities for Banks
As Europe readies to implement new decentralized finance (DeFi) regulations under the Markets in Crypto-Assets (MiCA) framework, the landscape could see significant changes, particularly...
FBI Targets Crypto Mixers in Latest Warning
In a recent public service announcement on April 25, the FBI voiced significant concerns about the use of unregistered cryptocurrency money-transmitting services. This warning...
Arkansas Senate Passes Bills to Regulate Crypto Mining Activities
The Arkansas Senate has recently passed two significant bills aimed at regulating cryptocurrency mining within the state, marking a pivotal step towards more controlled...
U.K. Regulators Tighten Oversight of Big Tech’s
As the artificial intelligence (AI) landscape continues to evolve, U.K. regulators are increasing their oversight of Big Tech companies amid growing concerns about competition...
SEC Postpones Verdict on Spot ETH ETFs
The U.S. Securities and Exchange Commission (SEC) has announced delays in its decision-making process regarding the applications for spot Ether (ETH) exchange-traded funds (ETFs)...
Crypto.com’s Entry into South Korea Delayed by Regulatory Concerns
Crypto.com, a prominent Singapore-based cryptocurrency exchange, recently faced a setback in its expansion plans into South Korea. The company’s intended launch was delayed following...
South Africa Advances Crypto Innovation with 75 New Licenses
South Africa is spearheading the cryptocurrency movement in Africa, having recently granted licenses to 75 companies, marking a pivotal moment in the integration of...
SEC Requests $5.3 Billion in Sanctions Against Terraform Labs
Following a jury verdict finding Terraform Labs and its co-founder Do Kwon liable for fraud, the United States Securities and Exchange Commission (SEC) has...
Thailand Crypto Regulation by Targeting Unlicensed Exchanges
In a move to combat online crimes such as money laundering, Thailand has announced its intention to block unlicensed cryptocurrency exchanges from operating within...
Cyber Thief Admits Stealing Millions Through Fake Coinbase Website
Chirag Tomar, an Indian citizen, has pleaded guilty to charges of conspiracy related to creating a fake Coinbase website, leading to the theft of...