Crypto Cat and Mouse: China’s Ban Struggles to Contain Digital Asset Trading
Despite a strict ban on cryptocurrency trading, recent police actions in China reveal a persistent underground market for digital assets.…
Category: Regulations
No Big Brother Bucks: House Passes CBDC Anti-Surveillance State Act
The U.S. House of Representatives has passed the CBDC Anti-Surveillance State Act. This legislation, spearheaded by Congressman Tom Emmer (R-MN),…
House Passes Landmark Crypto Bill (FIT21): 71 Democrats Join Republicans, But Will Senate Follow?
Coinbase CEO Brian Armstrong is celebrating a “historic vote” after the House of Representatives passed the Financial Innovation and Technology…
Worldcoin Iris Scanning Grinds to Halt in Hong Kong: Privacy Watchdog Cites Unfair Data Collection Practices
Hong Kong’s privacy watchdog has thrown a wrench into the plans of Worldcoin, a cryptocurrency project seeking to distribute tokens…
Navigating the Cryptoverse: A Look at the EU’s Landmark MiCA Regulations
The European Union (EU) has taken a bold step towards regulating the cryptocurrency industry with the introduction of the Markets…
IOTA Unveils Privacy-Preserving KYC System to Address Incoming EU Crypto Regulations
IOTA is taking a proactive stance on Know Your Customer (KYC) protocols in response to the upcoming EU Anti-Money Laundering…
Binance Under DOJ Scrutiny: Forensic Risk Alliance to Oversee Compliance for Three Years
The hammer of regulatory oversight continues to fall on cryptocurrency exchange giant Binance. Following a November 2023 plea deal with…
Australia’s Crypto Community Faces Regulatory Crackdown as Qoin Wallet Provider BPS Loses Landmark Court Case
Australia’s crypto scene has received a stark warning as the nation’s financial watchdog, the Australian Securities and Investments Commission (ASIC),…
Binance Founder “CZ” Zhao Sentenced to 4 Months in Prison for Bank Secrecy Act Violation
Changpeng “CZ” Zhao, the former CEO of cryptocurrency exchange Binance, was sentenced to four months in prison , marking a…
SEC vs. Ripple: Escalating Tensions as Regulator Opposes Motion to Strike Witness Declaration
The ongoing legal battle between the SEC and Ripple took a heated turn on April 29th, with the SEC filing…