Crackdown

Kazakhstan’s Crypto Crackdown: Over 900 Exchanges Shut Down in 2023

Bitro ConwellDec 8, 20233 min read

Kazakhstan Shuts Down Unlicensed Crypto Exchanges The Financial Monitoring Agency (FMA) of Kazakhstan has taken strong action against unlicensed crypto exchanges. In 2023 alone, the FMA…

Regulatory Gaps in Hong Kong Prompt Crackdown on Cryptocurrency Websites

Bernard NicolaiDec 6, 20232 min read

Hong Kong Securities and Futures Commission Blocks Suspected Crypto Scam Websites The Hong Kong Securities and Futures Commission (SFC) has taken action against two crypto websites,…

US Official Highlights Binance’s $4.3 Billion Settlement as a Pivotal Turning Point in Regulatory Crackdown

Bitro ConwellDec 6, 20233 min read

A Turning Point in Enforcement Actions Against Crypto Firms: Binance Settlement A senior US regulator has suggested that the recent $4.3 billion settlement reached with Binance…

South Korea’s Unlicensed Crypto Exchanges Face Stringent Crackdown

Gapster InnesDec 4, 20233 min read

South Korean Authorities Crack Down on Unlicensed Crypto Exchanges South Korean financial authorities have launched an initiative to encourage the public to report unlicensed cryptocurrency exchanges.…

India Strengthens Control Over Overseas Crypto Exchanges With Crackdown

Cino GaperiDec 4, 20233 min read

India’s Crypto Scene Undergoing a Major Overhaul The Indian parliament’s recent directives are bringing significant changes to the country’s crypto landscape. It’s time for foreign crypto…

Lawmaker Tom Emmer Criticizes US Treasury Department for Proposed Crypto Crackdown, Accusing it of Seeking a “Surveillance State”

Insa MonroeDec 2, 20232 min read

Tom Emmer Criticizes US Treasury Department’s Request for More Power House Financial Services Committee member Tom Emmer has expressed his disapproval of the US Treasury Department’s…

SEC Commissioner Hester Peirce Criticizes Cryptocurrency Crackdown for Lack of Logic and Consistency

Insa MonroeDec 1, 20232 min read

SEC Commissioner Criticizes Crackdown on Crypto Companies According to Republican Securities and Exchange Commissioner (SEC) Hester Peirce, the SEC’s recent crackdown on US crypto companies lacks…

Chinese AI Companies Holding Their Ground Amid US Crackdown

Bernard NicolaiDec 1, 20232 min read

Chinese AI Firms Seek Domestic Alternatives to Nvidia Amidst the US plans to restrict the export of AI chips to China, Chinese AI chip firm Biren…

US Regulators’ Crackdown Forces SoFi to Close Down Crypto Operations

Bernard NicolaiNov 30, 20232 min read

SoFi Withdraws from Crypto Business SoFi Technologies, a well-known financial technology firm, has made the decision to exit the crypto industry due to increasing regulatory pressures…

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