Category: Regulation
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…
Crypto.com Secures Regulatory Approval to Operate in The Netherland
Top cryptocurrency exchange Crypto.com has secured approval for registration with De Nederlandsche Bank (DNB) as a provider of crypto services. The exchange announced this in…
French Privacy Watchdog Launches Investigation Into Worldcoin
The French privacy watchdog, CNIL, says it has launched an investigation into the newly launched Worldcoin. The agency said the legality of the project’s biometric…
U.S. Justice Department Seeks To Put Sam Bankman-Fried Behind Bars
A recent report revealed that the justice department of the United States wants the former FTX exchange CEO, Sam Bankman-Fried (SBF), remanded behind bars as…
