Ripple and SEC respond to XRP holders’ request for action.
It seems that not a single day goes by without a new development in the continuing case between the SEC and Ripple Labs. More than...
XRP holders denied participation as third-party claimant in the Ripple-SEC lawsuit.
The judge presiding over the SEC-Ripple case has rejected the assets holders' request to appear as third-party claimants in the legal dispute. Judge Analisa Torres...
South Korea’s digital currency exchanges face bans over anti-money laundering violations
The South Korean financial regulator has launched a number of new regulatory mechanisms to insure that digital currency exchanges comply with their commitments under anti-money...
Japanese crypto trader sentenced to one year in jail
The Ishikawa Prefecture Court finds the Japanese merchant guilty of tax evasion by buying bitcoins. Now he faces a year in jail and $200,000 in...
SEC’s activities have caused $15 billion in losses to XRP holders:
Weeks after the United States Securities and Exchange Commission lodged a revised complaint in its case against Ripple Labs, the latter has now filed an...
China bans crypto mining in the heart of Mongolia
China has been at the forefront of creating the digital yuan or DECP [Digital Currency Electronic Payment], but has stayed at a distance from the...
India regulators allegedly confiscating crypto hardware wallets – crypto-influencers
Although the lack of legislation for cryptocurrencies has grown into an issue in India, the country's crypto-users have not yet been discouraged by many looking...
Elon Musk unperturbed into Dogecoin tweets by alleged prospect of SEC probe
The Tesla CEO avowedly loves "dogs and memes" and supports the rumoured prospect of his Dogecoin tweets being federally scrutinised with a regularly droll attitude....
Blockchain Australia terminates Qoin retail crypto project
Blockchain Australia has ended Qoin's membership of the organisation on the grounds that the crypto project is a pyramid scheme. Blockchain Australia—the new tech industry...
US judge dismisses the case of crypto fraud against the BNT token issuer.
The U.S. Federal Judge ruled that the case against the crypto corporation Bancor had been dismissed, citing the lack of personal jurisdiction and the plaintiff's...
Tether and Bitfinex, reached a settlement of $18.5 million in penalties, to cease NY activities
The much-discussed conflict between Bitfinex and Tether has now come to an end; the parties have reached a settlement. The deal resulted in both iFinex...
Robinhood, Reddit, Citadel Justifying Their Conduct Before Congress
The Committee on Financial Services of the United States House of Representatives held a virtual hearing on February 18, 2021, entitled 'Game Stopped? Who Wins...
Ripple’s XRP sales suppressed the price of the coin, a changed court lawsuit alleges
The SEC alleges that Ripple executives misled investors and manipulated the price of XRP coins by creating a "information vacuum." The United States Securities and...
Austrian regulators push for tighter crypto controls in the light of rising fraud
Crypto scams tend to dominate investment fraud cases in Austria. Austrian authorities are pressing for tougher crypto regulations in the wake of complex investment scams...
Why congress says Robinhood culpable, not Reddit
We didn't learn anything new at today's hearing, but the focus was certainly on the gamified trading tool, rather than the R/WallStreetBets traders. Vlad Tenev,...
BitPay to pay $507,375 on crypto regulation breaches
OFAC's US Treasury Department reported that Bitcoin payment provider BitPay has agreed to a $507,375 settlement of breaches of "multiple sanctions" relating to crypto transactions....
Crypto lawyer on what you should expect from Ripple vs SEC day in court
Since the US Securities Exchange Commission (SEC) has sued Ripple for illegal securities offerings, the outcome of the case has often been argued on crypto...
Uncertainty as SEC vs Ripple may be determined by a jury
Ripple v. SEC, according to the top crypto-lawyer, is unlikely to see a jury trial. Jeremy Hogan, a follower of the SEC case against Ripple...
US charges three North Korean hackers for crypto attacks and WannaCry ransomware
The Department of Justice prosecuted three hackers associated with the notorious Lazarus Group. On Wednesday, the United States Department of Justice reported charges against three...
FCA investigated 52 crypto firms in 2020 according to reports.
With the growing popularity of cryptocurrencies in the recent past, many regulators around the world have been increasingly wary about their effect. According to news,...
Spanish regulators’ resolution on cryptocurrencies’ risk faces criticism
It is doubtful that Spanish businesses will see Bitcoin in their balance sheets anytime soon. In the press, the Spanish Stock Market Commission (CNMV) released...
Bithumb to compensate victims of Bitcoin withdrawal mishap with $1.1 b following Seoul court’s ruling
Seoul's Central District Court ruled that Bithumb, a South Korean crypto-exchange, was liable to compensate the victims of Bithumb's withdrawal in November 2018. In that...
Lawyers on why Elon Musk bitcoin tweets might trigger SEC’s rage.
Elon Musk's rampant Twitter behaviour, according to lawyers, could get him into hot water with the SEC. Legal advisors warned that Tesla Chief Executive Elon...
How much SEC lawsuit impacted XRP in terms of volume
It has been more than a month since the United States Securities and Exchange Commission (SEC) filed a complaint against Ripple and its executives. After...
 Central Bank of Nigeria directs banks to close accounts of cryptocurrency traders
The Central Bank of Nigeria (CBN) has advised banks to close the accounts of individuals or companies engaged in cryptocurrency transactions in their networks. This...
Reserve Bank of India to declare final decision of CBDC shortly
India could see the digital currency of the central bank very soon, as sources have reported that the internal committee is looking closely at the...
DoJ convicts 49-year-old man on illicit Bitcoin exchange service charge
According to the United States Department of Justice (DoJ), a man from Ontario, California, has decided to plead guilty to federal allegations of illicit crypto...
Step one of the Swiss Blockchain Act came into force
The first phase of Switzerland's two-part crypto and blockchain regulatory system has been successful as of today. On Monday, section one of the Swiss blockchain...
Why Goldman and Interactive Brokers Execs Suggest Wallstreetbets Phenomenon Could Destroy The System’
The major hitters in traditional finance became nervous about the recent capital market activity fueled by Redditors and a vast number of institutional investors. This...
Why legal experts say Ripple’s reply to SEC was on Point
It's been a little over 24 hours since Ripple's official response to the SEC complaint has been released. Since then, Ripple's native crypto asset, XRP,...
“What I really think of Bitcoin,” is gold-like, “but the policymakers won’t let it be-Ray Dalio.
Billionaire hedge fund investor Ray Dalio tried to explain his thoughts on the world's most popular financial currency by writing a short article entitled "What...
Why SEC says it’s looking at the Robinhood Debacle
Fearing that new delistings and uncertainty are "undermine market confidence," the U.S. securities regulator says it is looking into the Robinhood Debacle. The U.S. securities...
Ireland Regulators on why Bitcoin investors risk loosing ‘all their money’
While major entrepreneurs have shown their enthusiasm for Bitcoin, regulators seem to have taken a step away from the currency, at least in Ireland. According...
Ripple drags Ethereum into SEC’s security lawsuit against XRP
Ripple has lodged an appeal to the SEC for a Freedom of Information Act directed at records relating to the Ethereum co-founders. Ripple's lawsuit before...
Why Crypto crime dipped to 57% last year, DeFi hacks now on the rise
Crypto crime rates are declining amid a huge rise in attacks targeting the DeFi market, says security company CipherTrace. Crimes affecting the virtual currency market...
At long last, here is Ripple’s response to SEC’s lawsuit
Following claims brought by the US Securities Exchange Commission (SEC) against Ripple Company, the San Francisco-based company lodged its appeal to the Commission's complaint before...
Robinhood vs Reddit stock market case to be heard by Congress
Both the Senate and the House are looking into Wall Street's trading activities, especially short selling. Legislators react rapidly to the madness surrounding the Gamestop...
Virgil Griffith, an Ethereum crypto programmer and former hacker, dragged to court for helping North Korea escape sanctions
Virgil Griffith, a crypto entrepreneur accused of helping North Korea escape sanctions by appearing at the Pyongyang Crypto Conference in 2019, now faces a tribunal....
Hester Peirce from SEC: our crypto-regulations strategy forced creativity abroad
Was the U.S. approach to crypto-regulation adverse to innovation? The response, according to many, is in the affirmative. SEC Commissioner Hester Peirce recently expressed a...
How Yellen’s installation is reviving abandoned crypto monitoring rule
The Treasury has opened the feedback period for its self-hosted wallet specifications for another 60 days. The US Treasury Department's now-infamous plan to demand reports...
Dutch Crypto Exchange Customers lament additional KYC specifications.
Bitstamp traders based in the Netherlands now have far more regulatory hurdles to scale before they can withdraw their assets. Crypto Exchange Platform Bitstamp is...
Philippine Central Bank to license crypto trading and custody firms
Bangko Sentral ng Pilipinas has widened the regulatory reach of cryptospace to cover all cryptocurrency financial service providers. In line with the advent of clear-cut...
Ex Goldman Sachs senior says Bitcoin is going to draw further scrutiny, but ‘could work’
Speculations as to whether Bitcoin is going for mass acceptance do not appear to disappear. Since companies such as Grayscale and MicroStrategy have racked up...
Sharia-compliant crypto exchange licensed by Bahrain central bank
Bahrain-based crypto exchange CoinMENA secured a big license before it was launched in many countries, including the UAE and Saudi Arabia. CoinMENA, a soon-to-be-launched cryptocurrency...
Overcoming SEC : Valkyrie becomes another crypto institution to file for EFT registration
Many organizations are once again lined up to deliver crypto ETFs, but will the SEC resolve its past reticence? In a development that could offer...
VanEck reportedly files for the SEC ‘Digital Asset ETF’
According to a filing released today by the U.S. Securities and Exchange Commission, VanEck, a New York-based investment management company, plans to launch a Digital...
2018 Coincheck hack investigation catches up with 30 people in Japan
Authorities in Japan are currently targeting individuals for their suspected role in the January 2018 Coincheck Crypto Exchange Hack. According to a January 22 article...
Heath Tarbert to stayas part of the five commissioner as Biden’s CFTC chair takes over
However, Tarbert's brief term was noteworthy for transparency on cryptocurrencies in U.S. law. Heath Tarbert is no longer the chairman of the Commodity Futures Trading...
Why Bitcoin whitepaper drama likely heading to court
The fight over the legal ownership of the Bitcoin whitepaper could carry it all the way to the courts when one website owner refuses to...
Russian adds Binance website back to regulator’s whitelist
The Binance website has been legally blacklisted in Russia since at least September 2020, but the ban has not limited the trade in Binance Russia....
Bitfinex and Tether’s parent company writes NY Supreme Court to differ trial date.
iFinex Inc requires another 30 days to deliver the New York Attorney General's trial papers. iFinex Inc—the parent corporation of crypto-exchange Bitfinex and stablecoin issuer...
Enjin Coin now the first authorized regulated gaming token in Japan.
The commodity was recently blessed by the Japanese Virtual Currency Exchange Association. On January 19, Blockchain-based Enjin Coin (ENJ) became the first cryptocurrency gaming company...
Underground stolen card forum announces when it will close down, give no reason
Cybersecurity consulting firm Gemini Advisory has found that Joker's Stash, the dark network card marketplace, will be shut down by next month. Their blog has...
Why Crypto owner’s privacy is a “goner” with return of Bitcoin to its digital cash origins
The inconvenience of using Bitcoin directly may quickly be caused by the headache of getting it on and off the exchanges. The United States Financial...
Australian Bitcoin Exchange Platform Owner Charges Banks of Bias
The Australian Bitcoin Exchange Provider has taken legal action against two commercial banks in the country and has accused them of unfair practices. Allan Flynn,...
RG Coins Exchange Owner Sentenced to 10 Years for $5M Laundering
The owner of the cryptocurrency exchange RG Coins was sentenced to 10 years in custody following his involvement in a digital currency scam that defrauded...
Why U.S. Federal Reserve Eyeing Its Own Crypto To Protect Stabilcoin Technology
The US Federal Reserve needs its own digital currency to protect against the possible overnight spread of stablecoin technology, says Fed Chairman Jerome Powell. Cryptocurrency...
New Jersey Gym Insists State Seized $173K from Bank, Owner seeking Crypto Solutions Via Tucker Carlson
On January 14, Ian Smith, the co-owner of Atilis Gym in New Jersey, appeared on Fox News with Tucker Carlson, the news anchor, and discussed...
Largest Dark Web Business Offline As Alleged User Detained in Germany
The DarkMarket website was believed to be the world's first illicit internet auction. A 34-year-old Australian man suspected of running the world's largest dark web...
Invitation: public opinion on digital currency regulation invited by UK Finance Ministry
The U.K. Ministry of Finance is inviting public comments on its draught regulations covering 'crypto-assets and stablecoins.' Known as Her Majesty's Treasury, the Ministry has...