China Takes Down $295M Crypto Underground Bank: Beginning Of A Bigger Crackdown?
Chinese law enforcement has disrupted a covert banking network that leveraged cryptocurrencies to execute unauthorized foreign exchange transactions totaling around...
Crypto regulation
Billionaire Mark Cuban Slams SEC Chair, Calls For Crypto Legislation
American billionaire Mark Cuban has criticized Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), in regards to...
Taiwan Sets Sights On Crypto Firms With Tough New Jail Time Laws
Taiwan's Ministry of Justice has proposed amendments to enhance anti-money laundering (AML) measures within the crypto industry. If enacted, the...
Phoenix Wallet To Disable Services In the US – Here’s Why
Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores. This...
Custodia To File Appeal Over Denied Access To Fed Master Account
Custodia Bank has officially expressed its desire to appeal the US District Court ruling in Wyoming, which supported the decision...
Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch
Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This...
IRS Reveals Preliminary Tax Reporting Form For Digital Assets
The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency...
Singapore Steps Up Crypto Regulation: MAS Implements Stricter Guidelines For Service Providers
Singapore's Monetary Authority has introduced amendments to the Payment Services Act, signaling a widening regulatory framework. These changes, which will...
