Legal

U.S. House Moves to Overturn SEC Rule Impacting Bank Crypto Custody Services

In a significant development yesterday, the U.S. House of Representatives passed a bipartisan resolution aimed at overturning the Securities and Exchange Commission's (SEC) Staff...

Impact of SEC vs Ripple Case on XRP Price and Crypto Regulation

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a pivotal stage, shedding light on the...

Multi-National Crackdown on Fraudulent Cryptocurrency Scheme in Europe

In an age where cryptocurrency is often celebrated as the future of finance, the darker aspects of its rapid ascent are sometimes overshadowed. Among...

U.S. and Allies Impose Sanctions on Dmitry Khoroshev, Developer of Lockbit Ransomware

On May 7, a significant step was taken in the ongoing battle against cybercrime as the U.S. government, in coordination with international allies such...

Alexander Vinnik Admits Guilt in BTC-e Money Laundering Conspiracy

In a significant development within the cryptocurrency industry, Alexander Vinnik, co-founder of the now-defunct crypto exchange BTC-e, has admitted guilt to charges of money...

Australia’s ATO Targets 1.2 Million Crypto Accounts for Tax Compliance

The Australian Taxation Office (ATO) is making strides in the regulation and oversight of cryptocurrency transactions within its jurisdiction. As interest in digital tokens...

Nigerian SEC Plans to Exclude Naira from P2P Crypto Trading

In a recent virtual meeting, Dr. Emomotimi Agama, the acting Director General of Nigeria's Securities and Exchange Commission (SEC), outlined a significant policy shift...

South Korea Excludes Crypto from Amended Donations Law

South Korea's decision to amend its donations law to exclude cryptocurrencies, including Bitcoin, marks a significant development in the interplay between digital assets and...

Hong Kong HKMA Proposes Renaming Virtual Banks to Licensed Digital Banks

On April 30, the Hong Kong Monetary Authority (HKMA) announced a consultation with the Hong Kong Association of Banks, the Hong Kong Association of...

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