The UAE updated its tax laws to exempt crypto transactions from value-added tax. The change will take effect on November 15 but retroactively apply to transactions from January 1, 2018. The UAE government amended its […]
CFTC’s subcommittee recommends using DLT-based collateral in trading. Approval could broaden access to digital assets for smaller market participants. Strong ETF inflows signal growing institutional interest in digital assets. In a significant development for the […]
Transak secures its first Money Transmitter License (MTL) in Alabama. The license boosts security, speed, and compliance for US cryptocurrency services. Transak targets further state licenses as it enhances its Web3 payments infrastructure. On October […]
Gemini exits Canadian market, citing strict regulations and compliance costs. Users must withdraw funds by Dec. 31 as all accounts will close by that date. Canada’s new crypto rules, set for 2026, further restrict decentralized […]
UK Gambling Commission charges Sorare for providing unlicensed gambling services. The United Kingdom’s Gambling Commission has been investigating Sorare for three years. Sorare denies wrongdoing, asserting it is not a gambling platform under UK law. […]
US SEC Chair Gary Gensler reaffirms Bitcoin isn’t a security under current regulations SEC plans new regulations for decentralised finance (DeFi) and trading systems to protect investors Crypto firms, including Coinbase, push back against expanding […]
SEC filed charges against TrueCoin and TrustToken over fraud and offering of unregistered investment contracts. TrueCoin issued the TrueUSD (TUSD) stablecoin, while TrustToken operated the TrueFi lending protocol. The regulator alleges stablecoin TUSD had 99% […]
Alberta’s Bill 16 will allow third-party operators in online gambling by 2025 The province aims to capture grey market bets and boost revenue like Ontario Safeguards like self-exclusion and player monitoring will promote responsible gambling […]
A US federal court ordered William Koo Ichioka to pay $31 million in restitution and $5 million in monetary penalty The New York resident was charged and ordered to pay a total of $36 million […]
SEC reportedly seeks an extension to February 2025 for it to provide case documents to Coinbase Coinbase, Binance, and Kraken are all facing SEC lawsuits The US Securities and Exchange Commission (SEC) has filed for […]
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