Crypto Regulations News

Russian Logistics Firm Urges Government to Legalize Cross-Border Cryptocurrency Payments

Russian logistics powerhouse ETE Group has formally petitioned Prime Minister Mikhail Mishustin to legalize and regulate the use of cryptocurrency for international settlements.  In a...

Donald Trump Signs Resolution Repealing Biden Era IRS Reporting Mandate for DeFi

An IRS rule from the Biden administration that required decentralized finance (DeFi) platforms to report user transactions has been overturned by a resolution signed...

Binance Subsidiary Bpay Secures Bahrain Payment Service Provider License

In a significant regulatory milestone, BPay Global, a subsidiary of Binance, has been granted a Payment Service Provider (PSP) license by the Central Bank...

South Korea’s Top Banks Urge Ruling Party To Ease Crypto Exchange Regulations

Leaders of South Korea’s top banks met on Wednesday at the Korea Federation of Banks. The bank heads urged lawmakers to ease stringent regulations. They...

Thailand’s SEC Strengthens Crypto Regulations Against Money Laundering

Thailand has revised regulations to improve oversight of overseas crypto trading platforms. The Cabinet approved amendments to digital asset and cybercrime laws earlier today...

Russia’s Central Bank Governor Signals Shift Toward Cryptocurrency Transactions to Overcome Economic Isolation

Russia's Central Bank is investigating digital financial assets as part of a larger plan to deal with the "tectonic shifts" in international trade that...

Ukraine Considers Taxing Crypto Gains with an 18% Tax and 5% Military Levy Under New Proposal

The National Securities and Stock Market Commission (NSSMC) of Ukraine has put out a new tax structure for cryptocurrency gains, proposing to impose a...

Trump Administration’s Crypto Deregulatory Push Leads to Dissolution of DOJ’s Specialized Crypto Crime Unit

In a landmark move reshaping the U.S. government’s approach to cryptocurrency, the Department of Justice (DOJ) has officially disbanded its National Cryptocurrency Enforcement Team...

Freedx Receives DASP License from El Salvador’s CNAD, Aims At Expanding Crypto Services

El Salvador's Comisión Nacional de Activos Digitales (CNAD) has formally granted Freedx, a centralized cryptocurrency exchange intended to serve both novice and seasoned traders,...

​​Pakistan Government Appoints Binance Co-Founder Changpeng Zhao As Strategic Advisor On Crypto

On April 7th, during an essential meeting between Changpeng Zhao and the Pakistan Crypto Council, the appointment was made under Senator Muhammad Aurangzeb's chairmanship...
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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...