SEC Scrutiny on Binance: Legal Progress and Commitment to Transparency
TL;DR Judge’s order for Binance and the SEC to submit a progress report by April 5. SEC investigation into Binance, focused on customer asset management...
Regulation
Ripple Labs: SEC to Reveal Crucial Demands against Ripple on March 26th
TL;DR The SEC files a document under seal with its lawsuits against Ripple Labs and XRP. The content of this document is not yet public,...
Elizabeth Warren Renews Call for Cryptocurrency Regulation in the US
TL;DR Warren urges cryptocurrencies to comply with conventional financial regulations. Proposes law against money laundering in the cryptographic field. Project faces obstacles in the US...
Jupiter Asset Management Faces Regulatory Hurdles in Crypto Investment
TL;DR Jupiter Asset Management cancels cryptocurrency investment due to Irish regulations. Regulatory divergence in the EU: Ireland prohibits, while Germany allows exposure to cryptocurrencies. Review...
Cryptocurrencies Under Scrutiny: Yellen Calls on Congress to Regulate Stablecoins
TL;DR Yellen highlights cryptocurrency risks in testimony before Congress. FSOC monitors financial concerns, including crypto assets. Yellen urges regulation to address stablecoin and cryptoasset risks....
Binance Experiences Financial Resurgence Following US Deal
Binance, one of the leading cryptocurrency exchange platforms, has proven its resilience with a notable financial resurgence....
Tether: Record 71% Dominance and Regulatory Challenges
Tether, the issuer of the USDT stablecoin, has consolidated its dominance in the cryptocurrency market by reaching an impressive 71% share in 2023, raising its...
New Crypto Tax Rules in the United States: What You Should Know and How to Act
The entry into force of the “Infrastructure Jobs and Investment Act” on January 1 has marked a significant milestone in the world of crypto in the...
Binance.US’s Technical Infrastructure Remains Off-limits to SEC
The SEC is currently facing a setback as a federal judge has rejected its appeal to gain access to the software that powers Binance.US, the...
Tourists Prohibited from Using Cryptocurrency for Payments
Indonesian Island Bali’s government has imposed stringent measures to prevent tourists from using cryptocurrencies as a mode of payment for goods and services according to...