Crypto and Laws
-
Estonia crypto firms face 80% decline amid stricter regulatory landscape
The number of registered crypto firms in Estonia has experienced an approximate 80% decrease due to enforcing the 2022 crypto law. This...
-
New law pushes around 400 crypto firms out of Estonia
The number of registered crypto firms in Estonia has dropped by 80% after it enacted a new law to prevent money laundering. The money laundering...
-
Do Kwon to face extradition to South Korea over $40 billion venture collapse
According to reports, the prosecutors handling the case of Do Kwon, the founder of the now-defunct Terraform Labs, have announced that they...
-
Israeli crackdown on terrorist financing: 190 Binance accounts seized
In a recent development, Israel has seized 190 Binance accounts with alleged terrorist ties since 2021, according to a report by Reuters. The...
-
SEC Announces Largest-Ever Whistleblower Award
The Securities and Exchange Commission has announced that it will pay nearly $279 million to a whistleblower who provided information leading to a...
-
Argentina tightens restrictions on payment apps, prohibits crypto transactions
In a significant move, Argentina’s central bank has announced that it will be halting the use of cryptocurrencies for payments through...
-
Binance probed by DOJ over potential Russian sanctions violations
The U.S. Department of Justice (DOJ) is looking into possible violations of Russian sanctions by Binance, Bloomberg reported May 5 ....
-
Lawmakers throw weight behind New York’s CRPTO act
Several New York lawmakers have thrown their weight behind New York’s new Crypto Regulation, Protection, Transparency, and Oversight...
-
UK’s FCA takes action against illegal crypto ATM operators
The U.K. Financial Conduct Authority (FCA) is cracking down on illegal crypto ATMs in the country, stating that they pose a money laundering...
-
Montana Governor Passes Pro-Cryptocurrency Mining Bill into Law
Montana Governor Greg Gianforte has signed into law a bill that prohibits local governments in the state from passing laws that would prevent...
-
Israel seized nearly 200 Binance accounts over terrorism links over two years
Authorities in Israel have seized 190 Binance accounts with ties to Islamic terrorist groups since 2021, Reuters said on May 4 . Reuters...
-
Anti-CBDC legislation passed in North Carolina
North Carolina has joined Florida in passing legislation that would ban the use of central bank digital currency (CBDC) payments and prevent the...
-
President Bukele eliminates all taxes on tech innovations
El Salvador’s President Bukele has signed the Innovation and Technology Manufacturing Incentives Act into law. In a tweet posted on...
-
Nigeria takes the lead in blockchain adoption with national policy implementation
Recently, Nigeria announced adopting a national blockchain policy, showcasing its leadership in adopting blockchain technology and cryptocurrency...
-
Cryptocurrency firms in France to leverage social media influencers for advertising
Recent reports state that registered cryptocurrency exchanges in France will allow social media influencers to promote their cryptocurrency...