stricter regulations

Enhancing Crypto Oversight: U.S. Treasury’s Wally Adeyemo Urges Strengthened Powers to Combat Illicit Activities

Theon BarrettNov 29, 20233 min read

The U.S. Treasury Department Seeks More Authority in the Crypto Industry The U.S. Treasury Department is requesting additional power from Congress to crack down on illicit…

Cristiano Ronaldo, Soccer Star, Faces Lawsuit for Binance Endorsement and Red Card

Bitro ConwellNov 29, 20233 min read

Superstar Cristiano Ronaldo Faces Class-Action Lawsuit for Promoting Binance Cristiano Ronaldo, the famous soccer player, is at the center of a class-action lawsuit that alleges investor…

Detailed DOJ Document Reveals Potential Prison Term for Binance Founder Changpeng Zhao

Noah RyptonNov 27, 20233 min read

The U.S. Justice Department Suggests Binance’s Founder Could Face Up to 10 Years in Prison The U.S. Justice Department has indicated that Changpeng Zhao, the founder…

Decline of 19% in Japan’s Unreported Cryptocurrency Value in 2022

Coinan PorterNov 27, 20232 min read

Japanese Tax Authorities Report a Decrease in Undeclared Income in Crypto According to Japan’s tax authorities, the average value of undeclared income in crypto decreased by…

Proposal by European Banking Authority to Revamp AML and CFT Regulations for Cryptocurrency Providers

Noah RyptonNov 24, 20233 min read

The European Banking Authority (EBA) Calls for Improved AML/CFT Standards Compliance for Crypto Providers The European Banking Authority (EBA) has released a consultation paper highlighting the…

Binance Experiences 60% Decline in Daily Trading Volume Following $4 Billion DOJ Fine

Noah RyptonNov 21, 20232 min read

The Decline of Binance Trading Volumes Recently, Binance, a major crypto exchange, has experienced a significant drop in its average daily trading volumes, falling below $10…

The European Union’s Initiative to Establish Its Own Regulatory Authority similar to SEC

Bernard NicolaiNov 17, 20233 min read

Ripple’s Chief Legal Officer Criticizes SEC and the European Union’s SEC Equivalent Stuart Alderoty, the Chief Legal Officer of Ripple, has conveyed the belief that the…

New York Department of Financial Services Issues Advice for Adding and Removing Cryptocurrency Assets

Owen PatterNov 16, 20233 min read

The New York State Department of Financial Services (NYDFS) has recently released new rules to guide the listing and delisting of digital assets. These rules aim…

New UAE Regulations to Combat Unauthorized Use of Digital Assets

Bitro ConwellNov 16, 20232 min read

UAE Cracks Down on Unauthorized Digital Assets The United Arab Emirates (UAE) has published new guidance aimed at preventing the use of unauthorized digital assets by…

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