Crypto Regulations News

Tornado Cash Sanctions Case Officially Closed by Federal Court Ahead of Co-Founder’s Legal Proceedings

The long-running legal battle between crypto advocacy group Coin Center and the U.S. Treasury Department over the sanctioning of Tornado Cash has officially concluded.  In...

Trump Media’s Bitcoin and Ethereum ETF Filing Has Been Officially Acknowledged By U.S. SEC, Here’s All

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Trump Media’s filing for a Bitcoin and Ethereum exchange-traded fund (ETF), marking a significant...

Spain’s Largest Bank BBVA Enables Retail Bitcoin And Ether Trading Amid Growing Crypto Activity In The Country

Spanish banking group BBVA has begun offering bitcoin and ether trading and custody services for adult retail customers through its mobile app after filing...

FTX Bankruptcy Case Sees $470 Million in Judicially Restricted Claims With Chinese Holders Accounting for 80%

The FTX bankruptcy case continues to unfold with new updates from creditor representative Sunil, who shared significant developments regarding the distribution of claims.  According to...

UAE Government Confirms That Cryptocurrency Investments Alone Do Not Qualify for Golden Visa Residency

The United Arab Emirates (UAE) government has officially denied recent claims suggesting that cryptocurrency investments, specifically in Toncoin, can qualify individuals for the country’s...

Russia Builds Crypto Mining Equipment Register To Stop Illegal Power Use

The Ministry of Energy, the Federal Tax Service and the Ministry of Digital Development of Russia have jointly created a register of cryptocurrency mining...

Ukraine Imposes Sanctions on 60 Companies For Aiding the Transfer of Russian Crypto Amid Ukraine Russia War

In a major development linked to the financial front of the Ukraine-Russia war, Ukrainian President Volodymyr Zelensky has signed a decree. The decree imposes sweeping...

Hong Kong Unveils Issuance of Tokenized Green Bonds in 2023 and 2025, Drops Stamp Duty on ETF Transfers

The Hong Kong government has announced that it will issue tokenized green bonds twice in 2023 and 2025. Green bonds are a particular kind...

Bybit India Introduces 18% Goods and Services Tax (GST) on Trading and Withdrawal Fees From July 7

The cryptocurrency exchange Bybit has declared that, in compliance with the tax structure of India, Virtual Digital Asset Service Providers would have to impose...

Sweden unveils stricter crypto laws; permits police to confiscate digital assets without proving a crime

In a surprising turn of events, Sweden is set to enact a law that can enable its police to confiscate crypto without proving a...
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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...