Blockchain Data Firm Nansen Lays Off 30% of its Staff
The trend of cutbacks in tech sector and firms has continued since the start of the current year. Various tech bigwigs have decided to enforce...
Bali Government Imposes New Restrictions on Crypto Payments
Bali is the western province of Indonesia which is popular around the world as a prime vacation location. The government of Bali has decided to...
Gulf Binance Lands Thai License, as Crypto Exchange Operations Start in Q4
Gulf Binance confirms landing the operator license to establish a Thailand crypto exchange before 2024. Binance lauded the approval of its crypto operator's license in...
Huobi Ordered by Malaysia’s Securities Commission to Cease Operations
The emergence of noncompliance concerns necessitated Malaysia's Securities Commission to direct Huobi's termination of local operations. Noncompliance Prompts Termination of Operating License From Securities Commission...
European Regulator Wants to Curb Leverage in Cryptocurrency Trading
The European Systemic Risk Board (ESRB) has issued a new regulatory guideline. By the decree of this new legislative document, cryptocurrency firms that are offering...
Japan to Introduce Strict Crypto Anti-Money Laundering Rules
Japan is working on bringing regulating the cryptocurrency markets with the same anti-money laundering laws. Local media outlets have expected that these laws are going...
Estonia’s New Laws Squeeze Out Hundreds of Crypto Firms
Dishonest executives and ridiculous business plans were some of the issues that Estonia's money laundering regulator found within local crypto organizations. Revised Illicit Financing Laws...
Russian Parliament Members Propose Significant Amendments to Digital Ruble Bill
Russia has been using cryptocurrencies to settle international payments. The country has introduced several crypto-friendly reforms to circumvent the financial sanctions issued by the Western...
Stablecoin Issuers Incur Millions in Lobbying for Crypto Legislation
Recent scrutiny of stablecoin issuers' operations reveals that Circle and Tether have actively engaged lobbyists on possible crypto regulation agendas. The two firms have spent...
South Korean Lawmakers Propose a New Bill Requiring Public Officials to Disclose their Crypto Holdings
The ruling party of South Korea has been working on a new crypto regulatory proposal. This legislature is about public officials and the prospective candidates...