Nevada Regulators Order Prime Trust To Shut Down Operations – Here’s Why
A leading Nevada-based digital assets custodian, Prime Trust, received a cease and desist order from state regulators on Thursday, June...
Legislation
Gemini To Launch Non-US Crypto Derivatives Platform
Cryptocurrency exchange Gemini has announced its plans to open a crypto derivatives platform outside the United States. This is amidst...
US Senator Warren Says No To Crypto But A Resounding Yes For CBDCs
In a recent interview, United States Senator Elizabeth Warren made it clear that she is not a fan of cryptocurrencies....
SEC Boss Gary Gensler Seeking $2.436 Billion To Protect Investors
Before the Subcommittee on Financial Services and General Government on March 29, Gary Gensler, the chairman of the United States...
RESTRICT Act Proposes 20-Year Jail Term For US Citizens Accessing Banned Apps
Proposals included in the "Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act," better known as...
Australia Decides To Treat Crypto As An Assets Class In 2022 Budget
Amidst the world's jurisdictions preparing legislation for the crypto sector, Australia adopts a less-favoured approach when it comes to taxation....
OFAC And FinCEN Charged Bittrex Exchange For Over $53 Million
Treasury’s Foreign Asset Control (OFAC) and Financial Crime Enforcement Network (FinCEN) have set charges against the Bittrex crypto exchange for...
Binance CZ Favors Biden’s Regulatory Policy Unlike Other Industry Leaders
U.S. President Joe Biden ordered federal agencies in March to analyze the crypto industry in order to design better regulations...
