U.S. Treasury Proposes Regulations to Increase Transparency in Crypto Mixing Services The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has put forth new regulations aimed…
The Crypto OTC Market in South Korea Under Regulatory Scrutiny South Korean authorities are directing their attention towards the unregulated crypto over-the-counter (OTC) market, as reported…
The Escalating Crypto Crackdown in the U.S. In the United States, the crackdown on cryptocurrencies appears to be intensifying, as demonstrated by the recent actions taken…
Major Digital Asset Exchange Binance Cutting Jobs Amid U.S. Regulatory Crackdown, Report Binance, the world’s biggest crypto exchange, is reducing its workforce after several executives left…
**Crypto Exchange Binance to Lay Off Over 1,000 Employees in Restructuring Effort** *Binance, one of the largest cryptocurrency exchanges, is planning to reduce its workforce by…
Billionaire Galaxy Digital CEO Michael Novogratz on Regulatory Crackdown in the U.S. Billionaire Michael Novogratz, CEO of Galaxy Digital, predicts that the regulatory crackdown on the…
The Rise in Trading Volume on Centralized Exchanges The combined spot and derivatives trading volume on centralized exchanges (CEXs) increased by 14.2% in June, totaling $2.71…
Belgium’s Financial Services and Markets Authority (FSMA) has ordered cryptocurrency exchange Binance to cease all virtual currency services in the country. The regulator stated that Binance…
