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Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
13.9.2024
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations
FTX Fallout Continues: Ryan Salame’s Plea Deal Under Scrutiny
12.9.2024
The ongoing saga of the FTX cryptocurrency exchange collapse has taken another dramatic turn as former executive Ryan…
UN Raises Human Rights Concerns in Telegram Founder Pavel Durov’s Case
3.9.2024
The United Nations has expressed serious concerns about the arrest and charges against Pavel Durov, founder of Telegram, citing potential human rights issues. A U.N. spokeswoman called for adherence to international human rights standards, emphasizing the need for legality and proportionality...
Binance under scrutiny for seizing Palestinian crypto funds
27.8.2024
Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted
Telegram Under Scrutiny in India, But Ban not Imminent: Reports
27.8.2024
Telegram, perhaps the most prominent messaging service used by the cryptocurrency ecosystem, is under scrutiny in India but not in immediate danger of a ban, multiple reports have indicated. Indian authorities have asked the investigators for an update on the investigation after Telegram CEO Pavel...
Hong Kong targets noncompliant crypto exchanges in licensing push
22.8.2024
Hong Kong's SFC finds deficiencies in some "deemed-to-be-licensed" crypto exchanges, risking their licensing status amid tightened regulations
California AI bill under scrutiny by US policymakers
19.8.2024
Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies
SEC Scrutiny Forces NYSE to Drop Bitcoin Options
15.8.2024
NYSE American LLC has withdrawn its move to provide options trading on two BTC-based ETFs. The decision concerns…
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Elon Musk’s X could face $200M EU fines over alleged DSA violations: Law Decoded
15.7.2024
Elon Musk’s social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reaching $200 million
Hong Kong Ramps Up Crypto Scrutiny, Flags 7 Unlicensed Crypto Exchanges
15.7.2024
Hong Kong’s Securities and Futures Commission (SFC) has taken another major step in its ongoing efforts to regulate the crypto industry. The watchdog recently added seven crypto trading platforms to its Alert List, warning investors about their illegal operations in the region. Protecting...
Microsoft and Apple renounce OpenAI board membership
10.7.2024
After investing $13 billion in OpenAI last year, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators
Polkadot’s $87M H1 spend: Scrutiny on marketing costs
2.7.2024
Polkadot’s decentralized web project has been in the spotlight for its aim to unite various forms of blockchains, such as private and consortium chains, public and permissionless networks, and other innovative types. Overall, the project received significant attention during the first half...
Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny
28.6.2024
According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous...
South Korea devises law for constant scrutiny of 600 crypto tokens
17.6.2024
South Korea is set to implement the virtual asset user protection law, which will come into force by July 19
Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued
15.6.2024
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies...
Worldcoin to Establish Latam Hub in Argentina Despite Heavy Scrutiny
14.6.2024
Worldcoin, the biometric identification project, has announced a new expansion process in Argentina, where it reportedly will seek to open 50 new locations with eye-scanning hardware. The announcement comes after Buenos Aires indicted Tools For Humanity, the company behind Worldcoin, for including...
Nigerian crypto community raises alarm over Davido meme token
30.5.2024
Davido has remained silent amid criticism about pump-and-dump schemes and regulatory scrutiny
Controversial Artist Damien Hirst Accused Of Backdating 1,000 Paintings In NFT Project
24.5.2024
English artist Damian Hirst is under increased scrutiny this week following claims he backdated more than 1,000 pieces of art from his NFT project “The Currency,” The Guardian reported Wednesday. The allegations come just two months after Hirst was accused of misrepresenting the dates of several...