Crypto Regulations News

South Korean Banks Accelerate Towards Developing Crypto and Stablecoin Services Ahead of Legal Overhaul

South Korea's biggest banking groups are racing to develop and launch crypto and stablecoin services in anticipation of a sweeping legislative transformation. Banks, according to...

SEC Chair Paul Atkins Urges Crypto Firms To Return To U.S., Promises Of Clearer Rules

Top U.S. officials urged crypto companies to come back home. SEC Chair Paul Atkins spoke at the America First Policy Institute in Washington, calling...

Former OpenSea Manager Found Not Guilty in Landmark NFT Insider Trading Appeal

In a significant legal milestone for the cryptocurrency and NFT community, former OpenSea product manager Nathaniel Chastain has reversed his 2023 insider trading conviction. Nathaniel...

Tornado Cash Developer Roman Storm Faces Final Legal Showdown as Prosecutors Challenge Privacy Claims

Roman Storm, co-founder of cryptocurrency privacy protocol Tornado Cash, is at the center of a legal showdown battle as U.S. prosecutors and defense lawyers...

Cboe BZX and NYSE Arca Submit Joint Proposal to Streamline Crypto ETF Listing Rules

In a recent development, Cboe BZX and NYSE Arca have jointly filed proposed amendments to their ETF listing rules, looking to remove the time-consuming...

South Korean Authorities Urge Caution Over Leveraged Crypto Trading on Upbit & Bithumb Exchanges

South Korea's financial regulators have openly cautioned domestic cryptocurrency exchanges following the launches of their high-leverage crypto lending products. FSC and the Financial Supervisory Service...

Indonesia To Hike Crypto Transaction Tax from August 1, Hits Overseas Exchanges Harder

Indonesia will increase taxes on cryptocurrency trades under a new finance ministry rule. The change applies to both local and overseas exchanges and takes...

Algeria’s New Law No. 25‑10 Bans And Criminalises All Crypto Activities Nationwide

Algeria has outlawed every form of activity linked to cryptocurrencies, including buying, trading, mining, and promotion. The measure took effect under Law No. 25‑10, which...

UnionEx Secures Indonesia License To Tap Rapidly Growing Crypto Market

UnionEx, a global digital currency exchange founded in 2024, has secured regulatory permission to do business in Indonesia through a new joint venture with...

Arizona Resident Faces Up To 15 Years in Prison After Pleading Guilty to $13 Million Crypto Scam

Vincent Anthony Mazzotta Jr., a resident of Arizona, entered a guilty plea on Monday to federal charges against him in a $13M crypto Ponzi scheme. According to the U.S. Attorney's Office for the Central District of California,...
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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...