Category: Regulation
US Senator Files Amicus Brief To Support Coinbase Against SEC
In a recent development concerning the ongoing lawsuit between the United States Securities and Exchange Commission (SEC) and Coinbase exchange, a US Senator, Cynthia Lummis,…
Bittrex Finally Settles Lawsuit with SEC for $24 Million
Bankrupt crypto exchange Bittrex has agreed to settle its lawsuit with the securities and exchange commission (SEC) for $24 million. The settlement is coming months…
Binance Secures First Full Crypto Exchange License in El Salvador
The crypto-friendly country of El-Salvador has granted Binance a full crypto exchange license to operate in the country. This makes Binance the first crypto exchange…
Hong Kong Regulator Warns Crypto Exchanges Against “improper practices”
The financial regulator in Hong Kong has issued a warning to crypto exchanges engaging in what it calls “improper practices” to desist or face criminal…
SEC Secures Restraining Order Against Suspected Crypto Scam Firm
In its quest to enforce securities regulations, the Securities and Exchange Commission (SEC) has obtained a temporary restraining order against a Utah firm doing business…
Kenyan Government Suspends Worldcoin Operations Amidst Privacy Concerns
Eye-scanning crypto project Worldcoin has hit another roadblock since its launch. Kenya’s interior ministry said on Wednesday that it had suspended the local activities of…
SEC Pressured Coinbase To Delist All Cryptocurrencies Except Bitcoin
A recent news report revealed that the United State Securities and Exchange Commission had pressured Coinbase Exchange to relish all digital assets from its platform….
Germany Becomes Third Country to Probe Worldcoin Project for Privacy
A German regulator has taken note of Worldcoin, a cryptocurrency project recently launched. The project requires users to scan their eyes to use the project,…
Peru Goes Stricter On Crypto, Warns Exchanges To Observe AML Rules
A recent news report revealed that the government of Peru had tightened its cryptocurrency regulations and warned crypto exchanges and projects to abide by and…
Russia Allows Bailiffs To Seize Virtual Rubles From Individuals And Firms
A recent news report revealed that the Russian government had approved its bailiffs the right to seize virtual rubles from individuals and companies as the…
