Crypto Regulations News

New South Korean President Lee Jae-myung Moves Quickly To Tackle Crypto In The Country

South Korea’s newly elected crypto-friendly President Lee Jae-myung met with his cabinet a day after taking office to address the country’s sluggish economy and...

SEC Wins Crypto Fraud Case as Defendant Ordered to Pay Over $1.1 Million

The U.S. Securities and Exchange Commission (SEC) has secured a significant legal victory in its ongoing campaign against cryptocurrency fraud. A federal judge in Georgia...

Ukrainian Authorities Arrest Man Who Hacked Server Hosting Providers to Mine Crypto Worth $4.4 Million

Ukrainian law enforcement has apprehended a 35-year-old man from Poltava accused of illegally mining cryptocurrency by hacking into the servers of an international hosting...

WazirX Rebrands to Zensui, Relocates to Panama Following Hack and Regulatory Pressure in Singapore

Indian-origin crypto exchange WazirX has officially moved its base from Singapore to Panama and rebranded itself as Zensui, in what appears to be a...

California Assembly Unanimously Approves Bill Letting State Agencies Accept Crypto Payments

A new bill in California aims to let state departments accept digital currencies for fees and transactions. Assembly Bill 1180 (AB 1180) passed the...

Emirates Coin Investment Becomes First UAE Firm Licensed by SCA for Virtual Assets

Emirates Coin Investment LLC (EmCoin) is the first business in the United Arab Emirates to be granted a Securities and Commodities Authority (SCA) Virtual...

Solana Foundation Secures Strategic Agreement with Dubai’s Virtual Asset Regulatory Authority

In a landmark move for the global blockchain industry, the Solana Foundation has signed a Memorandum of Understanding (MoU) with Dubai’s Virtual Assets Regulatory...

Ripple USD Gains Official Recognition as a Crypto Token Under Dubai’s DFSA Regulatory Framework

Ripple, a global leader in blockchain and cryptocurrency solutions, has announced that its stablecoin, RLUSD, has received official recognition as a regulated crypto token...

SEC Signals That ETFs Linked to Ethereum and Solana May Not Qualify as Investment Companies

The U.S. Securities and Exchange Commission (SEC) has issued a cautionary statement regarding two proposed exchange-traded funds (ETFs) linked to Ethereum and Solana.  In a...

South Korea’s Crypto Industry Expected to Thrive No Matter Which Candidate Wins the Presidential Election

According to a Bloomberg report, South Korea's cryptocurrency industry is expected to benefit significantly regardless of who wins the upcoming presidential election.  Both leading candidates,...
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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...