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502 stories · page 21
New regulations by South Korea’s financial watchdog to protect user assets on crypto exchanges took effect on July 19. The much-anticipated regulations from South Korea’s Financial Services Commission (FSC), designed to safeguard…
Hong Kong regulators have announced the conclusion of a stablecoin regulation consultation phase, receiving positive feedback from stakeholders. Support for Stablecoin Regulatory Regime On July 17, the Financial Services and the Treasury…
Robinhood has reached a $9 million settlement to resolve a class-action lawsuit in Washington over unsolicited text spamming through its ‘refer-a-friend’ program. Settlement Details On July 17, a U.S. federal judge approved…
Coinbase has refined its approach in its effort to subpoena U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. Initially seeking access to Gensler’s private communications before and during his time as…
July 13, 2023, marked a pivotal moment in the cryptocurrency industry with the United States Securities and Exchange Commission’s (SEC) ruling against Ripple Labs. The court determined that the XRP token is…
In light of a recent court ruling in Illinois that classified Bitcoin and Ether as commodities, Nigerian stakeholders are encouraging the Nigerian Securities and Exchange Commission (SEC) to adopt a similar regulatory…
The U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into stablecoin issuer Paxos, signaling a significant win for the crypto market. On July 9, Jorge Tenreiro, the SEC’s chief…
Cryptocurrency exchange BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to implement a robust Anti-Money Laundering (AML) program. This admission comes after the exchange’s co-founders, Arthur Hayes,…
The Central Bank of Nigeria (CBN) has accused cryptocurrency exchange Binance of performing unauthorized banking services. The allegations were presented in court on July 5, where a central bank official testified about…
North Carolina Governor Roy Cooper recently vetoed a bill that aimed to prevent the state from implementing a Federal Reserve-issued central bank digital currency (CBDC). The decision came despite overwhelming support for…
You are all caught up.
