Tag: crypto regulation

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OKX Holds Back Perpetuals DEX Launch Despite Completing Development Due To Regulatory Hurdles

In a recent development, the crypto exchange OKX has announced that its Web3 division had finished building a decentralized perpetual trading platform in 2023. However,...

Japan Regulator Moves Toward Stronger Oversight Of Crypto Markets Via Securities Framework

Japan’s Financial Services Agency (FSA) has put forth a significant regulatory overhaul that could put cryptocurrencies under the Financial Instruments and Exchange Act (FIEA)...

Former Cred Executives Receive 8-Year Federal Prison Sentence For $150 Million Crypto Fraud

Two former high-ranking executives of failed crypto lender Cred LLC were sentenced to federal prison terms after pleading guilty to wire fraud conspiracy charges...

FTX Creditors Take Legal Action Against Kroll Over Daily Scam Emails Following 2023 Data Leak

Kroll, a financial and risk advisement firm, has become embroiled in class-action litigation after a data breach revealed sensitive creditor information related to FTX,...

Texas Judge Supports Logan Paul’s Attempt To Dismiss CryptoZoo Lawsuit, Here’s Why

YouTuber Logan Paul has gotten a boost in his ongoing battle in the courts over the failed CryptoZoo NFT project after a Texas magistrate...

Hashflare Co-Founders Sentenced for $577M Crypto Ponzi Scheme

Potapenko and Turõgin, co-founders of the now-defunct cryptocurrency mining platform HashFlare, were sentenced in connection with a $577 million Ponzi scheme, but will not...

Ethereum Core Developer “Safe and Free” After Reported Detention In Turkey

Ethereum core developer Federico Carrone, also known as "Fede's Intern," has confirmed his freedom after being detained for 24 hours by the Turkish authorities. https://twitter.com/fede_intern/status/1954945403146625291 Carrone...

Dubai and the UAE Take Strategic Step Toward Unified Crypto Regulation Via New Partnership

The UAE has made significant progress towards the unification of regulations through the official cooperation between the Securities and Commodities Authority and Dubai Municipality. This...

U.S. SEC Confirms That Crypto Liquid Staking Activities Do Not Fall Under Securities Regulations

The U.S. Securities and Exchange Commission (SEC) recently issued a historic statement affirming that certain crypto liquid staking activities aren't subject to regulation under...

U.S. CFTC Launches New Crypto Sprint Initiative to Explore Integration of Spot and Futures Trading

On August 4th, the U.S. Commodity Futures Trading Commission (CFTC) launched the "Crypto Sprint," the newest regulatory initiative. This is a big step toward...

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...

Coinbase Reports $1.4B Net Income in Q2 2025 Performance Report Amid Regulatory Clarity in Crypto

Coinbase Global, Inc., a global cryptocurrency platform, has released its second-quarter 2025 performance report, reporting a strongly profitable quarter due to favorable market conditions...