Cryptocurrency Regulation
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LocalMonero Exchange Shuts Down Its Services Amid Crypto Privacy Crackdown
The platform in question called LocalMonero has shut down services after serving the XMR community for 7 years. This exchange…
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TD Cowen Predicts Bitcoin Price Rally Fueling MicroStrategy Stock Gains
TD Cowen analyst considers that though MicroStrategy shares have soared to 89% year-to-date, the business intelligence firm could realize a…
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Robinhood Faces SEC Action Over Crypto Token Trades
Key Insights: Robinhood Crypto faces SEC scrutiny with a Wells notice, raising concerns over its crypto token classifications and trading…
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Coinbase Faces New Lawsuit for Selling Unregistered Securities
Coinbase Exchange is facing a lawsuit regarding the issue of deceiving investors. The lawsuit in question has purported that the…
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Ex-Cred Executives Face Court Over Alleged Investment Fraud
Key Insights: Cred’s ex-CEO and CFO are charged with wire fraud and money laundering, highlighting risks in crypto lending practices.…
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US Prosecutors Probe Jack Dorsey’s Block Over Compliance Issues
Regulatory agencies in the United States have opened an investigation into Block Inc. Investigators are looking into the firm after…
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Sam Altman’s Crypto Project Worldcoin Eying Partnership with OpenAI
As the US regulators extended their enforcement action on digital assets, the key industry players are exploring ways to operate…
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Yuga Labs’ Proposed Restructuring Plans Results to Headcount Reduction
In its April 26 report, the developer of Bored Ape Yacht Club Yuga Labs unveiled its restructuring plans. The proposed…
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UK Grants Crime Agency and Police Powers to Seize and Freeze Crypto
The fight against crypto use by illicit actors is taking center stage in policies drafted worldwide. The UK is beyond…
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Taipei Prosecutors Target Ace Crypto Exchange in High-Profile Fraud Case
Key Insights: Taiwan’s Ace Exchange fraud scandal reveals losses of $24.56M, impacting over 1,200 investors with false crypto promises. Key…
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Payment Provider Stripe Revive Crypto Initiative by Launching USDC Payment
In its Thursday report, the giant payment company Stripe revealed plans to support USD Coin (USDC) payments. The announcement created…
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ConsenSys Initiates Legal Action Against SEC Over Ethereum Classification
Key Insights: ConsenSys files a lawsuit against SEC, challenging the sudden shift in Ethereum’s classification as a security, citing previous…
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Co-Founders of Samourai Wallet Arrested for Operating Unlicensed Money Transmitter
The US Department of Justice (DOJ) has announced the arrest of the co-founders of Samourai wallet. In an April 24…
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SEC Battling Charges Alleged Illegality in Expanding Dealer Rule
The Crypto Freedom Alliance of Texas and the Blockchain Association filed a complaint against the Securities and Exchange Commission in…
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Former Binance CEO Changpeng Zhao Plea for Leniency Ahead of Sentencing
The former chief executive of Binance, Changpeng “CZ” Zhao, has shown remorse for breaching the federal regulation and money laundering law.…
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SEC to Review New Rules for Bitcoin Options
The Securities and Exchange Commission of the United States is considering the proposal to handle Bitcoin Options trading. SEC is…
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