Binance woes continue as UK watchdog warns of failure to comply
U.K monetary watchdog, the Financial Conduct Authority (FCA), said Binance “is not capable of being effectively supervised.” Adding that, within the context of offering...
24 crypto exchanges in Korea face regulatory death knell
33 face heat in Korea over alleged $1.48 billion in crypto transfersSeoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who...
Cardano Foundation (ADA) signs on Coinfirm to comply with FATF norms
Cardano Foundation is an independent non-profit that supervises the advancement of Cardano (ADA), while protecting and promoting the protocol’s technology.The Swiss-based foundation recently announced...
Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries
El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that...
Crypto sees potential trouble as US blocks changes to infra bill
The House Rules Committee has blocked infrastructure bill changes and voted 220-212 to lock in the procedure, with a resolution approved on Tuesday afternoon. The...
Coinbase’s ‘poor’ customer service comes under fire
Coinbase came under fire from mainstream media this week as complaints around its customer service filled up grievance forums, a report from CNBC shows....
200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption
El Salvador began installing crypto ATMs as the country enters the last two weeks of preparation for the big day when Bitcoin (BTC) will...
China court doubles down on crypto FUD. Says sector ‘not protected by law’
A regional high court in China’s Northern Shandong province’s high court said yesterday that crypto trades or investments are not “protected by law,” after...
Binance (BNB) signs up ex-Singapore Exchange chief as regulatory troubles loom
Binance, the largest crypto exchange in the world by trading volume, in its bid to combat its battle with regulatory authorities around the world...
SEC chief slams ‘highly centralized’ DeFi projects. Is regulation coming?
The head of the US Securities and Exchange Commission (SEC) Gary Gensler is ready to draw regulatory lines for the decentralized finance (DeFi) sector,...
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