Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison. Kwon’s colleague and former Terraform Labs chief […]
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC sued Ripple Labs in December 2020, alleging that the company illegally sold unregistered securities in […]
Binance, Binance.US, and the United States Securities and Exchange Commission (SEC) reportedly agreed on Friday, June 16, to temporarily limit access to customer funds exclusively to Binance.US employees. According to reports, the proposed agreement, pending […]
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems like ChatGPT to first undergo review before release to the public. The regulation also seeks […]
Hong Kong-based crypto exchange CoinEx has been banned from operating in New York by Attorney General Letitia James. According to an announcement on June 15, over $1.7 million worth of the exchange’s funds were seized […]
Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK arm was added to the list on June 13, 2023. It joins other platforms like […]
The lawsuit brought by the United States Securities and Exchange Commission (SEC) against Coinbase Global on June 6 is raising questions about the crypto exchange’s approach to managing the ongoing crypto crackdown. In a recent […]
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao (CZ), the CEO of the cryptocurrency exchange. SEC sues Binance and CZ The United States […]
United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in motion, with the rapid evolution and increasing adoption of cryptocurrencies adding to its urgency. Lummis received […]
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. Circle receives a digital token licence […]
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