crypto regulations

Tom Lee, the Head of Research at FS Insight, predicted the potential growth trajectory of Bitcoin (CRYPTO: BTC) while speaking on CNBC Thursday, stating that the cryptocurrency's network value and inherent scarcity could push its price beyond the $200,000 mark. Lee's comments...

Bitstamp, a leading cryptocurrency exchange, has announced the termination of its ether staking program for American clients starting next month. Bobby Zagotta, the U.S. CEO and global chief commercial officer of Bitstamp said, "Starting September 25, 2023, Bitstamp will no longer offer...

Dubai's Virtual Assets Regulatory Authority (VARA) imposed a hefty fine of nearly $2.8 million on cryptocurrency exchange OPNX and its founders. OPNX, established by Kyle Davies and Su Zhu, the minds behind the unsuccessful hedge fund Three Arrows Capital (3AC), had previously faced VARA's...

The Monetary Authority of Singapore (MAS) Tuesday announced its regulatory framework for stablecoins, aiming to ensure their value stability. This move comes after MAS took into account the feedback from a public consultation held in October 2022. The new framework will be applicable to single-...

Publicly traded crypto exchange Coinbase (NASDAQ: COIN) Wednesday announced the launch of its Base (CRYPTO: BASE) blockchain, marking a significant step for public corporations venturing into managing their proprietary distributed networks. While Base had been accessible for developer testing...

Bitstamp will "permanently" halt trading for a selection of altcoins for its clientele based in the U.S. What Happened: The crypto exchange stated that it has a "comprehensive framework in place to continuously evaluate" cryptocurrencies and that it takes into account "the...

The U.S. Federal Reserve is ramping up its oversight of banks' activities in the digital asset space, signaling a broader effort by American regulators to limit the banking industry's interactions with cryptocurrencies. The central bank revealed the launch of a program dedicated to...

Crypto platform Blockchain.com on Tuesday, announced that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The exchange received its in-principle approval from MAS in September 2022. With this license in hand, Blockchain.com is now...

The Kenyan government halted operations of Worldcoin (CRYPTO: WLD), a crypto project co-founded by Sam Altman, due to concerns over data privacy and public safety. Worldcoin, which has already registered hundreds of thousands of customers in the country, is currently under investigation by the...

HashKey received a license under Hong Kong's new cryptocurrency regulations, marking a significant step towards legitimizing the retail trading of digital assets in the city. This development is part of the city's broader strategy to position itself as a global epicenter for the digital...

Crypto exchange Kraken's co-founder Jesse Powell on Wednesday voiced his skepticism about the proposed restructuring plan for beleaguered FTX (CRYPTO: FTT). Kraken Co-Founder On FTX: Powell's remarks come in the wake of FTX's announcement detailing its proposed...

Financial behemoth Nomura's (NYSE: NMR) digital asset subsidiary, Laser Digital, has secured an operating license from Dubai's Virtual Asset Regulatory Authority (VARA). This marks the culmination of the licensing process, according to a company announcement on Tuesday. With its base in the...

Nigeria's Securities and Exchange Commission (SEC) has reiterated that the activities of Binance (CRYPTO: BNB), a leading cryptocurrency exchange, are illegal in the country. The regulator has issued a warning to the public about the risks associated with investing in crypto-assets and other...

A lawsuit lodged in bankruptcy court by the interim leadership of FTX (CRYPTO: FTT) against Sam Bankman-Fried and other top FTX executives claimed Bankman-Fried's father is illegally funding his son's defense through a company loan, following the collapse of the young crypto tycoon...

A digital wallet that had accumulated over 61,000 Ether (CRYPTO: ETH) during the initial coin offering (ICO) about eight years ago has now transferred the entire amount to another wallet. The wallet in question is believed to be associated with the cryptocurrency exchange, Kraken. The value of...