Unicoin Under Fire – SEC Accuses Million-Dollar Fraud
TL;DR The U.S. Securities and Exchange Commission (SEC) has accused Unicoin of exaggerating its fundraising figures and falsely claiming real estate asset backing, stating it...
Regulation
News about Regulation
Cryptocurrencies and blockchain technology are relatively new to everyone. That is why many countries are still adjusting to this new world and starting to establish laws and regulations about it.
To avoid problems and penalties, and to take advantage of all the opportunities, you should be aware of everything about cryptocurrency regulations.
In this section of The Cryptocurrency Post you will find all the news you need to stay up to date.
Senators Demand Crypto Tax Reform in the U.S.
TL;DR At a time when digital asset adoption is growing globally, the United States risks jeopardizing its technological leadership. Senators Cynthia Lummis (Wyoming) and Bernie...
$198 Million Crypto Fraud Shakes Investors Worldwide
TL;DR The SEC accuses Ramil Palafox of running a $198 million Ponzi scheme through his company PGI Global, falsely promising high returns from crypto and...
North Carolina Advances Bill to Invest Public Funds in Bitcoin
TL;DR North Carolina’s House of Representatives approved in committee Bill HB 92, which allows up to 10% of public funds to be invested in Bitcoin....
Rhode Island Pushes Pro-Bitcoin Bill for Tax Exemption
TL;DR Rhode Island moves forward with Bill S.0451, which proposes exempting up to 10 monthly Bitcoin transactions under $1,000 from state capital gains tax. The...
Paul Atkins Vows to Make Crypto Rules Top SEC Priority
TL;DR Crypto Regulation Focus: Paul Atkins, SEC chair nominee, pledges to prioritize clear and rational rules for the digital asset industry, departing from enforcement-heavy policies....
Immutable Defeats the SEC and Markets React
TL;DR Web3 gaming platform Immutable (IMX) has achieved a major regulatory victory: the SEC has officially closed its investigation without taking any enforcement action. This...
Japan Approves USDC: Crypto Revolution in Asia
TL;DR Circle has achieved what once seemed out of reach: making USDC the first officially approved stablecoin in Japan. This historic decision marks a milestone...
Arizona Moves Closer to Crypto Adoption
TL;DR Arizona advances in creating a Bitcoin reserve fund with two key bills in the state Senate. Bill SB 1373 aims to establish a digital...
Tether CEO Claims Competitors Seek to Stop USDT
TL;DR Tether CEO Paolo Ardoino has sounded the alarm over what he describes as a deliberate attempt by competitors to hinder USDT’s growth through legal...