Binance Denounces SEC Lawsuit as Unreasonable Weapon of Enforcement
Binance has, in response to the lawsuit filed by the US Securities and Exchange Commission (SEC), portrayed disappointment by the move. The leading crypto exchange...
UK Labour Party Supports Nuclear-Like Regulation for Artificial Intelligence (AI)
The UK Labor Party has delved into the ongoing concerns regarding AI’s unregulated nature. The Labor Party’s concerns shared in The Guardian publication show that...
SEC Classifies Cardano, Solana, and Polygon as Securities When Charging Binance
In its Monday statement, the Securities and Exchange Commission (SEC) confirmed charging Binance with 13 counts of violating the US securities laws. The high-profile lawsuit...
FATF Asks Qatar to Impose Strict Crypto Regulations
The Financial Action Task Force or FATF has been making rounds among various countries recently calling for a crackdown on crypto. The enterprise is working...
Cryptocurrency Exchange Gemini Wants to Expand its Operations in UAE after Securing License
Gemini exchange is currently working with the financial regulators in UAE to acquire VASP licensing. Gemini is a cryptocurrency exchange that is currently planning to...
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...