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UK Introduces Bill to Clarify Crypto's Legal Status

11.9.2024
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection

Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

11.9.2024
While the broader crypto industry fights with the U.S. Securities and Exchange Commission about the agency's labeling of most tokens as securities, Prometheum is swinging open its doors for a long-awaited test of its strategy to assume the SEC is right

EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End

11.9.2024
The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024

India and Nigeria Lead the World in Crypto Adoption Again, but Indonesia Is Fastest Growing: Chainalysis

11.9.2024
India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption but Indonesia is the fastest growing, according to blockchain analytics firm Chainalysis' annual report released Wednesday

Singapore Investigating Seven People for Providing Worldcoin Services

11.9.2024
Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on Tuesday

Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say

11.9.2024
Former Alameda Research CEO Caroline Ellison should be sentenced to time served and a non-custodial term after her cooperation with prosecutors in taking down Sam Bankman-Fried, her attorneys said in a late Tuesday night filing

Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests

11.9.2024
Vice President Kamala Harris appears to have beaten former President Donald Trump in the first debate between the U.S. presidential candidates on Tuesday, based on the direction of prediction bets on Polymarket, while crypto policy went unmentioned

Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24

11.9.2024
Former Alameda Research CEO Caroline Ellison's sentencing hearing has been scheduled for Sept. 24, 2024, at 3:00 p.m. EDT

Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight

10.9.2024
A second company, tZero Group Inc., said it's achieved status as a fully registered U.S. broker dealer under a rule allowing for crypto firms to join those ranks, following a path previously blazed by Prometheum Inc

UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs

10.9.2024
Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations

Nigeria SEC to Commence Enforcement Action on Unlicensed Crypto Firms: Reports

10.9.2024
We are certainly going to commence enforcement actions on anyone who wants to operate in this market and does not have the intention of being regulated, Emomotimi Agama, the SEC's Director General said

Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says

9.9.2024
Investors lost a record $5.6 billion to crypto-related financial crime in 2023, up 45% from 2022, according to a new report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center

Five U.S. States Reach Settlement With GS Partners, Investors to Get Full Refunds

9.9.2024
Five U.S. states have reached a settlement agreement with GS Partners – the European operation behind several crypto investment schemes, including tokenized investments in a Dubai skyscraper – that will see investors get 100% of their money back, according to a Monday announcement from the Texas...