Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more...
Regulation
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
A judge in the bankruptcy case for defunct crypto exchange FTX has issued an order allowing Terraform Labs to subpoena...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory...
Hester Peirce criticizes SEC warning to accounting firms
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief...
Lawmakers probe Apple’s App Store policies on blockchain, NFTs
United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related...
France watchdog is investigating Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday. Users...
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack...
US lawmakers invoke FTX and spar on direction of crypto bills
Members of the United States House Financial Services Committee seem to be divided on the best legislative path forward dealing...
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to...
Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia...
SEC’s appeal won’t be a setback for XRP holders — Pro XRP lawyer
Amid speculations that a potential appeal by the United States Securities and Exchange Commission (SEC) could negatively impact the crypto...
Celsius Network reaches settlements to exit bankruptcy
Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy...
Couple behind Bitfinex money laundering scheme reach plea deal with US prosecutors
The husband and wife alleged to have laundered billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack...
New DeFi bill has “unworkable obligations”
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According...
SEC vs. Ripple: Huge win for crypto
In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Ripple’s partial victory against the...
Brian Armstrong to meet House Democrats about crypto legislation
Key takeaways Coinbase CEO wants clearer crypto regulation in the US Coinbase Inc. Chief Executive Officer Brian Armstrong is set...
FSB finalises recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients...
Senator Lummis urges clear crypto regulations after XRP ruling
United States Senator Cynthia Lummis has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres,...
Entity representing Binance customers seeks compensation
A third-party entity called Eeon has intervened in the lawsuit filed by the United States Securities and Exchange Commission (SEC)...
EU regulator publishes consultation on MiCA standards
ESMA has released a consultation paper on MiCA implementation requirements. Industry players are requested to provide feedback by September 20....
South Korean companies to disclose crypto holdings from 2024
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is...
Former SEC Chair says Bitcoin ETF should be approved
Jay Clayton shared his opinion during an interview with CNBC on Monday. The former SEC chair says if applicants demonstrate...
