Crypto Regulations News

SEC Drops Cases Against Kraken, Consensys, And Cumberland In Major Reversal

The U.S. SEC dismissed three high-profile crypto cases on March 27, 2024. The actions targeted Kraken, Consensys Software Inc., and Cumberland DRW LLC in...

Dubai’s VARA Leads Crypto Regulation With Open Dialogue, Officials Say “Set & Forget Does Not Work”

Dubai’s Virtual Assets Regulatory Authority, known as VARA, pioneers crypto regulation and communication with firms. VARA is unique in its commitment to clear, open...

Upbit’s 3-Month Partial Business Suspension Sanctions Put on Hold Pending Further Review

Upbit, South Korea’s largest virtual asset exchange, has received a temporary reprieve from the three-month partial business suspension imposed by the Financial Intelligence Unit...

Taiwan’s Crypto Market Enters Regulatory Era, Only 4 Of 23 Operators Complete VASP Applications

Taiwan’s Financial Supervisory Commission has set the end of March as the deadline for virtual currency platform license applications. The commission recently released statistics...

Google Blocks Access to 17 Unregistered Crypto Exchanges in South Korea Including KUCOIN, MEXC, Amid Government Crackdown

Earlier today, on 26th March, Google took action to block access to 17 unregistered cryptocurrency exchanges in South Korea, including major platforms such as...

Crypto Influencer Ben Armstrong “BitBoy”, Arrested In Florida After Warrant Disclosure

Crypto influencer Ben Armstrong, widely known as “BitBoy,” has been arrested in Florida just days after revealing on social media that a warrant was...

Ripple Calls On The SEC In An Open Letter To Follow Statutory Limits And Let Congress Set Crypto Rules

Ripple has sent an open letter urging the SEC to follow the laws already set by Congress. The letter responds to the Crypto Task...

SEC Engages Crypto Industry To Develop Clear Digital Asset Policies In The First Crypto Task Force Roundtable

The SEC staff has eagerly embraced opportunities to work with the crypto industry. Commissioner Hester Peirce, head of the agency’s crypto task force, expressed...

Nigeria Confirms Openness To Cryptocurrency Companies Amid $80B Binance Lawsuit

Nigeria is still receptive to Bitcoin businesses even if it is suing Binance for $80 billion. According to the story, Abuja filed the multibillion-dollar...

Pakistan Explores Bitcoin Mining To Utilize Surplus Power And Ease Energy Costs

The Pakistani government is looking into ways to draw in Bitcoin miners. Utilizing excess electricity and lessening the cost of capacity fees are the...
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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...