US Government to Report Seized Crypto as ‘Nonmonetary Property’
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while...
Regulation
Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope...
Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2
Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date...
Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations
India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations....
SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds...
Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview
In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments...
SEC’s Crypto Enforcement Chief Departs After 9 Years
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement...
Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to...
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from...
Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader...
US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The...
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising...
South Korean Regulator Excludes Certain NFTs From Crypto Regulations
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims...
FTC Warns of Crypto Scams From Online Love Interests
The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC...
Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year,...
Donald Trump Vows to Be the ‘Crypto President’ — Pledges to End Biden-Gensler Crypto Policies Within One Hour
Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if re-elected. He vowed to...
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook...
SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that spot ethereum exchange-traded funds (ETFs) “will take some...
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector,...
New York Tightens Customer Service Regulations for Crypto Companies
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer...
Elizabeth Warren: Crypto Prominent in the Global Fentanyl Trade Over the Last Decade
Two U.S. Senators, Elizabeth Warren and Bill Cassidy, have asked the Biden adminstration to furnish them with updates on what...
Hong Kong Reveals 17 Crypto Trading Platform Applicants as New Regulations Take Effect
Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending...
