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...
FTX Asks Court to Exclude its Dubai Subsidiary from Bankruptcy Proceedings
FTX exchange filed for bankruptcy proceedings in 2022. At the same time, 102 branches of FTX were added subsequently to the Chapter 11 proceedings. However,...
Ukraine Asks Local Crypto Companies to Provide Financial Statements
Ukrainian cryptocurrency exchange named Kuna has experienced a 90% shrink in trading volume since 2023. The CEO of the firm has told the media that...
UK Court Sentences Crypto Scammers to More than Six Years in Jail
Courts in the UK have sentenced two scam artists facing charges for running fraudulent crypto scams. The courts have issued a conviction verdict for the...
Crypto Mixers and Privacy Coins Looming Crackdown in Senate’s Defense Bill
The race to deliver a crypto-specific regulatory framework in the United States is evident in the multiple proposals tabled before the House. Besides the bipartisan...
UK’s Regulator Enquires Sam Altman’s Worldcoin Compliance Amid Token Launch
Worldcoin is facing scrutiny conducted by a UK Watchdog citing concerns about the project’s compliance with basic privacy rights. The situation is not preventing Worldcoin...
Ripple Optimistic Blockchain Potential to Save Financial Entities $10B by 2030
A recent report reveals that by 2030, Blockchain will be capable of saving financial institutions an estimated $10 billion in cross-border payments. Ripple Global Survey...
Grayscale Asks SEC to Approve All Bitcoin Spot ETF Applications
Grayscale is one of the biggest Bitcoin reserves in the world. However, the Grayscale Bitcoin Trust (GBTC) has garnered plans from the very beginning to...
Democrats Consider Crypto Bill Biased, Weakens Consumer Protections
Democratic legislators are accusing their Republican peers of catering to big crypto firms and sabotaging the Securities and Exchange Commission (SEC) in the latest crypto...