Hinman speech included “made-up analysis”, Ripple’s chief legal officer says
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC...
Regulation
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely...
US senator revamps efforts for crypto regulations amid SEC lawsuits
United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in...
Nigeria regulator halts Binance operations: Report
It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company...
US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t...
SEC lawsuits against Binance and Coinbase unify the crypto industry
Update (June 7, 12:05 PM UTC): This article has been updated to add comments from BitMEX CEO Stephan Lutz Professionals...
The SEC strikes again: First Binance, now Coinbase
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has...
SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao...
FTX debtors object to Genesis’ ‘critical’ claims estimate of ‘$0.00’
Just a month after bankrupt cryptocurrency exchange FTX sought $4 billion from the also bankrupt crypto lender Genesis, it is...
Brazil’s crypto exchange Mercado Bitcoin licensed as payment provider: Report
Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil's central bank on June 2, according to local...
Russia to support crypto exchanges in new framework
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking...
bitFlyer implements FATF’s “Travel Rule” crypto restrictions
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow...
Crypto exchange Bybit announces exit from Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until...
Binance begins transition to new regulated platform in Japan
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the...
fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of...
South Korea officials must now disclose Bitcoin holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously...
White House questions impact of AI surveillance on workers
Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new...
SEC emails suggested XRP was not security
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds”...
Influencer served settlement demand via NFT following $7M token presale
A nonfungible token (NFT) influencer has been served with a settlement demand via an NFT — which casually dropped the...
Crypto exchange Zipmex applies for extension to moratorium
Zipmex says it filed for the court extension as it seeks to find a solution that suits its customers and...
UK could roll out crypto regulation within a year, says senior minister
Key takeaways Andrew Griffith has estimated that the UK could roll out its crypto regulation within a year. He pointed...
