Singaporean Authorities to Seize $735 Million in Money Laundering Case
Law enforcement agencies in Singapore are cracking down on a major money laundering scheme. The police officials and investigators have managed to apprehend the key...
Binance Files for Protective Order Against US SEC
Binance has filed for a protective order against the Securities and Exchange Commission. The firm has maintained that deposition and discovery requests from SEC fall...
Senator Cynthia Lummis Files Amicus Brief to Assist Coinbase’s Dismissal Motion Against SEC
Senator Cynthia Lummis has signed amicus brief to support the dismissal motion of Coinbase against SEC lawsuit. She maintained that Securities and Exchange Commission has...
SEC Settles with Crypto Exchange Bittrex for $24 Million
The Securities and Exchange Commission brought a case against Bittrex exchange and its former CEO William Shihara in April. The regulator charges the crypto enterprise...
Russian Banking Giant to Start CBDC Testing This Month
The Bank of Russia (BoR) has announced the start of CBDC trails starting 15th August. The bank has created a network of 13 banks under...
Binance has Become a Regulated Trading Platform in El Salvador
Binance exchange has scored yet another regulatory win during a period of massive turmoil. The El Salvador wing of Binance has acquired a trading license...
PayPal to Issue USD-Backed Stablecoin on Paxos
PayPal is a digital payment platform. It has decided to venture into the stablecoins market recently. To this effect, the company has announced a new...
Coinbase Commits to Stay in US Despite Legal Uncertainty
Coinbase Exchange is currently facing a lawsuit from the Securities and Exchange Commission. The lawsuit was initiated on 6th June alleging the exchange of dealing...
US Senators Urge Biden Administration to Address North Korea’s Use of Cryptocurrencies
Senator Elizabeth Warren has recently gathered a group of like-minded legislators to petition for crypto-related sanctions. The Senator has directed the attention of the White...
Crypto Exchange Binance Adds Shiba Inu (SHIB) as Collateral Asset
Binance has recently announced the addition of 22 cryptocurrencies for debt options. The crypto exchange has announced that it is accepting the nominated currencies as...