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Crypto Super PAC pours $660K into Senate race as US election closes in
9.9.2024
With 57 days until the US election, expenditures from Super PACs seem to be heating up in Massachusetts and nationwide
Nigeria’s SEC to crack down on unregulated crypto exchanges
9.9.2024
Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
9.9.2024
The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA outlined new marketing rules for crypto assets....
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025
9.9.2024
Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by late 2025. According to officials, demand...
Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement
7.9.2024
Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance...
El Salvador marks three years of Bitcoin adoption with $31M profit
7.9.2024
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit
ChatGPT maker’s business users top 1M, targets premium OpenAI subscriptions
7.9.2024
OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.
Binance Kazakhstan Receives Formal Consent for Regulatory License
7.9.2024
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including...
Coinbase secures partial victory over SEC in motion to compel discovery
6.9.2024
Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order
Crypto PACs spend $14M targeting crucial US Senate and House races
6.9.2024
With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election
Advocates call for crypto to be discussed at US presidential debate
6.9.2024
The Chamber of Progress cited Donald Trump “revers[ing] his previous position on cryptocurrency” and a lack of clarity from Kamala Harris’ campaign
India reconsiders foreign crypto exchange registrations: Report
6.9.2024
India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
6.9.2024
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals...
Magic Eden faces backlash over US service segregation
6.9.2024
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops
India’s FIU Considers Approving More Offshore Crypto Exchanges
6.9.2024
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on ensuring compliance with anti-money laundering regulations, including transaction...
US prosecutors allegedly link ex-FTX exec to Chinese bribery scandal
5.9.2024
Notes from a 2023 conference call between Assistant US Attorneys revealed allegations against Ryan Salame tied to Alameda Research’s bribery scheme in China.
Binance CEO says CZ is banned from managing or operating the exchange
5.9.2024
A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from “any present or future involvement in operating or managing” Binance
Kamala Harris’ campaign isn’t directly accepting crypto — a Super PAC is
5.9.2024
A spokesperson for the Harris campaign confirmed with Cointelegraph that the Future Forward PAC was set up to receive crypto donations to support the Democratic candidate
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
5.9.2024
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against...
US, EU and UK sign world's first international AI treaty
5.9.2024
The US, EU, and UK sign the world’s first legally binding international AI treaty, prioritizing human rights and accountability in AI regulation