The European Parliament has taken step towards clamping down on money laundering within the cryptocurrency industry. New regulations, approved on…
Category: Regulations
US Senate Proposes 1% Crypto Tax for Holdings Over $500k – Will it Curb Inequality or Hurt Adoption?
The cryptocurrency industry is facing a potential shakeup as the US Senate proposed new tax regulations on Sunday, These regulations…
Over $160 Million Lost: Australian Crypto Firms Collapse as ASIC Cracks Down on Alleged SMSF Scam (450 Investors Impacted)
Hundreds of Australian investors are facing significant financial losses after three cryptocurrency mining companies, collectively known as NGS companies, collapsed,…
Uniswap Receives Wells Notice from SEC: Regulatory Clouds Gather Over DeFi
The popular decentralized exchange (DEX) Uniswap is embroiled in a regulatory battle with the U.S. Securities and Exchange Commission (SEC)…
FTX Founder Sam Bankman-Fried Sentenced to 25 Years for $3.8 Billion Crypto Fraud
Sam Bankman-Fried, the once-celebrated founder of FTX, was sentenced to 25 years in prison today in a packed New York…
EU Cracks Down on Anonymous Transactions: Crypto Payments and Cash Face Restrictions
The European Union (EU) has taken a significant step towards stricter control over anonymous transactions, with a new anti-money laundering…
SEC Seeks $2.6 Billion Warchest to Police the Booming Crypto Market
The US Securities and Exchange Commission (SEC) is locking horns with the burgeoning crypto industry in a battle over regulation.…
Crypto Winter in India? OKX Exits India Amid Regulatory Uncertainty, Highlighting Challenges for Crypto Exchanges
India’s cryptocurrency market faces a new hurdle as OKX, the world’s second-largest crypto exchange by trading volume, announces its withdrawal…
DOJ Wants 50 Years, Defense Says No Losses: Inside the Battle Over Bankman-Fried’s Crypto Sentence
Sam Bankman-Fried (SBF), the disgraced founder of collapsed crypto exchange FTX, is facing a fight over his sentencing. While the…
Crypto Exchange OKX Delists USDT in Europe Ahead of MiCA Regulations, Signaling Regulatory Winds of Change
The cryptocurrency landscape in Europe is on the cusp of a major shift, with regulatory changes looming on the horizon.…
