Cryptocurrency Regulation
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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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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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Tether Pledges to Block Payments After Venezuela Looks to USDT to Bypass Oil Sanctions
The company behind the world’s largest stablecoin, USDT Tether, pledges to freeze assets made to the entities sanctioned by the…
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Binance to Re-Enter Indian Market as FIU-Registered Exchange
Key Insights: Binance returned to India and paid a $2M fine to comply with strict financial regulations, including anti-money laundering…
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Gary Gensler’s Viral X Post Causes Stir Among Crypto Community
Key Insights: SEC Chair Gary Gensler’s misleading post on X leads to viral engagement, revealing intense crypto community interest and…
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South Korean Won Tops US Dollar in Crypto Trading Volume for Q1 2024
Key Insights: The South Korean Won has overtaken the US Dollar in crypto trading, reaching over $456 billion in volume…
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Ripple CEO Projects Crypto Market Capitalization to Reach $5 Trillion By End of 2024
Following the strong recovery of the digital assets, the chief executive of Ripple, Brad Garlinghouse, projected an impressive growth of…
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Hashlabs Mining Co-founder Warns Bitcoin Mining Ban to Cost Paraguay $200M Annually
Hashlabs Mining’s co-founder Jaran Mellerud warns that the proposal to ban Bitcoin mining could erode the activity’s positive contribution to…
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1inch Introduces Web3 Debit Card in Association with MasterCard and Baanx
Cryptocurrency investors are now getting a new and effective way to make cash transactions. As per the latest report, a…
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Crypto Advocacy Groups Support Tornado Cash Developer Roman Storm
Following the apprehension of the Tornado Cash developer Roman Storm, the crypto advocacy groups have stepped up to challenge the…
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Paraguay Restricts Crypto Mining to Address Power Shortages
As the crypto miners prepared for the 2024 Bitcoin halving, the investors in Paraguay were locked out of numerous opportunities…
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South Korea Tightens Rules for Cryptocurrency Exchanges
Regulatory agencies in South Korea are to tighten compliance criteria for cryptocurrency firms. A recent report claimed that the licensed…
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Coinbase Bags Canadian Approval Amid Persistent Regulatory Hurdles in US
The US largest crypto exchange, Coinbase, satisfied the high bar requirements for crypto firms that prompted the exit of rival…
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JP Morgan Optimistic Ethereum Will Avoid Security Label
The American multinational bank JPMorgan acknowledged that the Ethereum network is realizing more decentralization as Lido shares in the staked…
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