Crypto and Laws
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UAE introduces new reporting requirements to counter crypto real estate money laundering
The United Arab Emirates introduced new reporting requirements for real estate transactions involving digital assets in a statement on August 8....
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Taiwan could change its crypto trade perspective with the change of the Ministry of Digital Affairs
Taiwan’s government cabinet was recently changed, attracting new minds who seem to support the crypto market. According to reports, the...
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US launches 3 bills to regulate cryptocurrency spot markets through CFTC
The commodity futures trading commission (CFTC) is an independent federal agency. CFTC agency regulates the derivatives market in the United...
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Coinbase slammed with two new lawsuits
Coinbase has been subjected to massive scrutiny over the last few weeks with the company in the media over not-so-good reasons. According to a...
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Coinbase facing class-action lawsuit amidst SEC investigation
Coinbase is faced with more legal battles as two law firms have filed a lawsuit against the company amidst an ongoing investigation by the SEC....
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The Enforcement Directorate raids WazirX and seizes Rs 64.67 crores in bank assets
On Friday, the Enforcement Directorate (ED) announced that it had frozen bank transfers worth Rs 64.67 crore as part of a money laundering...
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Leak reveals SEC has open case on every US crypto exchange, not just Coinbase
A leak has revealed that the SEC is investigating not just Coinbase but all U.S.-based crypto exchanges and the world’s largest exchange by...
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Senator Warren takes aim at changing rules on crypto offerings from banks
Senator Elizabeth Warren (D-Mass.) is circulating a letter among her Senate colleagues that would withdraw legal guidance for banks holding...
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Binance-owned WazirX under investigation in India over alleged money laundering
The Indian Directorate of Enforcement is investigating WazirX to determine whether it facilitated the laundering of 2,790 crore Indian rupees(over...
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US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum
Leaders of the Senate Agriculture Committee introduced a bill on Aug. 3 to make the Commodity Futures Trading Commission (CFTC) the chief...
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Singapore regulator responds to Terra collapse; plans to involve public in stablecoin regulations
The Monetary Authority of Singapore (MAS) in response to a parliamentary inquiry, shared insights on how the Luna collapse affected the economy...
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Binance.US to delist Flexa’s AMP after SEC security classification
Binance.US will delist Flexa’s AMP token on Aug. 15 after the U.S. Securities and Exchange Commission deemed the token a security. The...
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Vauld granted creditor protection for three months
Crypto lending outfit Vauld would be counting itself lucky after the Singaporean High Court announced a verdict in its favor. According to the...
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New York urges crypto market crash victims to speak out
New York’s Attorney General Letitia James has urged victims of the recent crypto market crash to contact her office. The investor alert...
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UK introduces new rules for promotion of high-risk assets; crypto in the crosshairs
The U.K’s Financial Conduct Authority (FCA) has chalked out tougher rules for the marketing of high-risk investment products, but the new...