Hinman speech included “made-up analysis”, Ripple’s chief legal officer says
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC...
Regulation
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely...
US senator revamps efforts for crypto regulations amid SEC lawsuits
United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in...
Nigeria regulator halts Binance operations: Report
It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange...
crypto needs to ‘double down’ on community support
The crypto industry faced more scrutiny from regulators in the United States this past week, as the U.S. Securities and...
US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t...
Binance and CZ sued by the SEC
In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States...
The SEC strikes again: First Binance, now Coinbase
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has...
SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao...
Pro-XRP attorney’s phone hacked to promote LAW token
Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days.CryptoLaw, an account...
Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
Bitcoin (BTC) miners in the United States can breathe a sigh of relief after a proposed tax on crypto mining...
OpenAI gets warning from Japanese regulators on data collecting
Officials in Japan are beginning to tighten their stance toward artificial intelligence (AI) after the country’s local privacy watchdog warned...
Does the US have a crypto ‘tax loophole’ problem?
The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a...
Crypto exchange Bybit announces exit from Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until...
Russia to support crypto exchanges in new framework
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking...
Tourists are unhappy with crypto payments ban in Bali
The government of Bali, Indonesia, recently cracked down on crypto payments for goods and services, reminding tourists that the Indonesian...
Binance begins transition to new regulated platform in Japan
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the...
fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of...
South Korea officials must now disclose Bitcoin holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously...
Kenya proposes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto...
North Carolina House passes bill banning CBDC payments to the state
The House of Representatives for North Carolina has unanimously passed legislation aimed at prohibiting payments to the U.S. state using...
US lawmakers introduce bipartisan bill proposing ban on members investing in ‘financial instruments’
Lawmakers from both sides of the aisle in the United States House of Representatives have backed a bill prohibiting members...
