Crypto Regulations News

China to Greenlight First RMB-Backed Stablecoin To Boost Yuan’s Global Role

Chinese financial regulators are closely monitoring the rise of stablecoins and testing Hong Kong as a hub for digital currency development. Last week, officials...

Tornado Cash Developer Roman Storm Found Guilty on a Single Charge, $TORN Token Drops By 17%

In a landmark jurist ruling that can set the precedent for future prosecutions in the crypto industry, Roman Storm, Tornado Cash co-founder, has been...

Nomura’s Laser Digital Wins Dubai VARA License To Offer Regulated Crypto OTC Derivatives

On August 6th, Laser Digital, the crypto trading arm of Japanese bank Nomura, secured a limited license in Dubai to offer regulated over-the-counter crypto...

U.S. SEC Confirms That Crypto Liquid Staking Activities Do Not Fall Under Securities Regulations

The U.S. Securities and Exchange Commission (SEC) recently issued a historic statement affirming that certain crypto liquid staking activities aren't subject to regulation under...

China’s State Security Ministry Warns Against Foreign Crypto’s Iris-Scan Biometrics

On August 6th, China’s Ministry of State Security warned that using biometric data for rewards poses a national security risk. The agency pointed to...

Binance Co-Founder CZ Requests Court to Dismiss $1.76 Billion Clawback Lawsuit Filed by FTX Estate

Changpeng Zhao (CZ), co-founder and former CEO of Binance, has formally filed a motion in a United States bankruptcy court seeking dismissal of the...

Philippine SEC Warns Public On 10 Unregistered Crypto Platforms, Including OKX, Kraken & Bybit

The Philippine SEC on Monday warned Filipinos against using ten offshore crypto exchanges, including OKX, Bybit and Kraken. These firms began offering services after July...

South Korean Crypto Exchange Bitsonic CEO Sentenced to Second Prison Term Following Major Fraud Case

Shin Jin-wook, the CEO of South Korean crypto exchange Bitsonic, received a second jail term for another serious fraud case. Already having been sentenced to...

U.S. CFTC Launches New Crypto Sprint Initiative to Explore Integration of Spot and Futures Trading

On August 4th, the U.S. Commodity Futures Trading Commission (CFTC) launched the "Crypto Sprint," the newest regulatory initiative. This is a big step toward...

White House Executive Order By President Trump Warns Banks of Potential Fines for Crypto Discrimination: Report

A new executive order said to be in development by the Trump administration is intended to sanction banks that discriminate against holders or firms...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...