SEC’s SAB 121 Reversal: Impact on Bitcoin Custody by Banks
The fight for cryptocurrency legitimacy has reached a pivotal moment as a bill to repeal the Securities and Exchange Commission's (SEC) staff accounting bulletin...
Changpeng Zhao’s Prison Term Reflects Increasing Scrutiny on Crypto Exchanges
The legal troubles of Changpeng “CZ” Zhao, former CEO of Binance, have drawn considerable attention, reflecting the growing scrutiny on cryptocurrency exchanges by regulatory...
Ethereum Spot ETF Faces Regulatory Challenges Amid Futures-Spot Market Correlation Issues
As the U.S. Securities and Exchange Commission (SEC) approaches its decision on spot Ethereum exchange-traded funds (ETFs), skepticism is growing among industry experts. These...
Congress Overturns SEC Crypto Rule as Biden Veto Looms: Implications for Blockchain Industry
On Thursday, 60 Senators voted in favor of H.J.Res. 109, a resolution that nullifies the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). This...
Regulatory Framework Impact on Blockchain Technology Development
A group of industry leaders in the cryptocurrency landscape under the alliance of the Crypto Council for Innovation (CCI) has shown support for the...
Senate Votes to Repeal SEC’s Anti-Crypto Directive, Fuels Bitcoin Adoption
The ongoing tussle between the Senate and the Securities and Exchange Commission (SEC) over crypto regulation has reached a critical juncture. In a bold...
Binance Enhances Global Compliance Amid Money Laundering Case in Taiwan
Binance, one of the world's largest cryptocurrency exchanges, has taken a significant step towards enhancing global compliance by collaborating with Taiwan’s Ministry of Justice...
Biden’s Decision on Crypto Bill and Its Potential Impact on Bitcoin Market
In a potentially transformative moment for the cryptocurrency sector, the US Senate has passed H.J. Res 109, a bill seeking to overturn the Securities...
Chinese Authorities Crack Down on $2B Tether USDT Money Laundering Operation
Chinese authorities have uncovered a significant underground banking case involving a staggering $2 billion USDT money laundering operation. The operation, spanning multiple provinces, has...
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