Crypto exchange Bybit announces exit from Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until...
Regulation
Russia to support crypto exchanges in new framework
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking...
Binance begins transition to new regulated platform in Japan
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the...
Biden reaches ‘tentative’ U.S. debt ceiling deal: Report
Amid growing concerns of a potential default by early June, the United States president Joe Biden and Republican Kevin McCarthy...
fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of...
South Korea officials must now disclose Bitcoin holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously...
SEC emails suggested XRP was not security
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds”...
Binance provider in Brazil gets payment institution approval
Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country's central bank to...
Blockchain technology platform Bakkt looks toward Europe after MiCA
The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt...
Coin Cafe to repay $4.3M in fees that ‘wiped out’ investors’ Bitcoin accounts
Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and...
Tax Authority Slated to Become Main Crypto Regulator in Russia
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official...
OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina...
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
The chair of the United States Securities and Exchange Commission (SEC) Gary Gensler has hit back at Coinbase’s petition compelling...
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says – Regulation Bitcoin News
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the...
French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin News
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing...
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules – Regulation Bitcoin News
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According...
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued – Regulation Bitcoin News
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers...
Liechtenstein Prime Minister Says Government to Accept Bitcoin Payments, Open to Investing Reserves in BTC – Regulation Bitcoin News
Liechtenstein’s prime minister has reportedly revealed that bitcoin payments will be accepted for some government services. “A payment option with...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its...
‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US – Regulation Bitcoin News
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most...
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance – Regulation Bitcoin News
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange...
Kenya proposes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto...
