Crypto debanking could drive industry underground: Australia Treasury
The growing trend of cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry...
Regulation
Binance motion alleging SEC misconduct denied
A US judge has said the court cannot wordsmith the SEC and Binance’s press releases. But in denying the crypto...
Australian banks claim 40% of scams ‘touch’ crypto as it defends restrictions
Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down...
Binance eyes United Arab Emirates as ‘focal point’ for future operations
The United Arab Emirates is becoming the next big focus for Binance in the wake of a slew of enforcement...
$794K SIM swap hacker PlugwalkJoe sentenced to 5 years in prison
British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in a United States prison...
Coinbase gets key win at the US Supreme Court
The US Supreme Court ruled that the district court must stay proceedings in a class action lawsuit when interlocutory appeal...
Binance.US solves USD withdrawal issues but warns it won’t last long
United States crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its...
‘we see payment stablecoins as a form of money’
Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday....
Binance Netherlands exit — Dutch central bank says registration failings are confidential
The details behind Binance’s failed efforts to register for a virtual asset service provider (VASP) license in the Netherlands remain...
31% of young Aussies hold crypto despite being ‘risk averse’ — ASX survey
Despite seeing themselves as more “risk averse” than their older counterparts, nearly a third of all young Australian investors hold...
Do Kwon denies forging passport, blames ‘Chinese’ agency: Report
Terraform Labs founder Do Kwon reportedly told a Montenegro court that he wasn’t aware the passport he was traveling with...
Binance CEO CZ deems SEC’s request for emergency relief unwarranted
Binance CEO Changpeng “CZ” Zhao expressed his happiness and relief as a prolonged dispute with the United States Securities and Exchange Commission...
SEC and Binance.US strike a temporary agreement on asset access
Binance, Binance.US, and the United States Securities and Exchange Commission (SEC) reportedly agreed on Friday, June 16, to temporarily limit...
Hinman speech included “made-up analysis”, Ripple’s chief legal officer says
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC...
EU lawmakers vote for landmark AI regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems...
Bitstamp registered as cryptoasset business by the FCA
Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK...
‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets, claiming that the...
Democrats’ ‘war on crypto’ will lose its key voters: Winklevoss twins
United States President Joe Biden and the Democratic Party risk losing its crucial youth voters as a result of their...
Hong Kong legislator invites Coinbase to the region despite SEC scrutiny
Touting its progressive stance on cryptocurrencies, a Hong Kong legislator has invited Coinbase and other crypto exchanges to establish operations...
Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act,...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company...
US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t...
