Bakkt delists majority of tokens from recently acquired Apex Crypto platform
Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex...
Regulation
French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin News
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing...
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules – Regulation Bitcoin News
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According...
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued – Regulation Bitcoin News
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers...
Liechtenstein Prime Minister Says Government to Accept Bitcoin Payments, Open to Investing Reserves in BTC – Regulation Bitcoin News
Liechtenstein’s prime minister has reportedly revealed that bitcoin payments will be accepted for some government services. “A payment option with...
‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US – Regulation Bitcoin News
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most...
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making – Bitcoin News
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto...
US DOJ investigating Binance for potential violations of Russian sanctions
DOJ’s national security division is investigating Binance. Binance is accused of enabling Russians to circumvent US sanctions. The inquiry is...
Kenya proposes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto...
It can ‘drive substantial economic growth’
The United Kingdom’s Competition and Markets Authority (CMA) has turned its attention to artificial intelligence (AI) after announcing an examination of...
Coinbase going international sparks community reactions: ‘Crypto is global’
Amid regulatory struggles in the United States, crypto exchange Coinbase has decided to expand its business abroad with a global...
US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion – Regulation Bitcoin News
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution...
Nigeria SEC prepares new digital asset rules
Nigeria, one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), is preparing new industry regulations for digital...
First Republic’s crisis is not an isolated incident: JPMorgan exec
An executive at J.P. Morgan Asset Management is unsure how United States regional banks are “going to operate” when the...
Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence – Regulation Bitcoin News
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due...
UK opens consultation on taxation of DeFi transactions
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a...
Kraken asks San Francisco court to intervene against IRS demands
Crypto exchange Kraken is taking the fight against the United States Internal Revenue Service (IRS) and its demand to present...
Crypto Has Evolved From Being Seen as an ‘Anti-Establishment Rebellion Asset’ Says FCA Executive Director – Regulation Bitcoin News
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more...
Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted – Regulation Bitcoin News
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in...
US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad – Bitcoin News
The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the...
Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation – Regulation Bitcoin News
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government...
Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition – Regulation Bitcoin News
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services...
