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Is Another US Government Shutdown on The Horizon?


Over the next week, the United States government faces the possibility of a shutdown as House Speaker Kevin McCarthy grapples with internal political pressures regarding spending plans.  The decision could also have adverse effects on the progress of crypto bills awaiting a vote, potentially...

Nine Crypto Firms in Taiwan Form Working Committee to Foster Regulatory Push


Taiwan’s crypto community is coming forward to establish a working group in mid-October to “effectively integrate” digital currency adoption and self-compliance, in a move to “establish an effective and smooth communication channel with the government.” According to a press release, nine...

Bybit to Stop UK Services as Fin Regulators Clamp Down - Are You Affected?


Cryptocurrency exchange Bybit has revealed its decision to suspend services in the United Kingdom (UK) due to impending regulations from the country's Financial Conduct Authority (FCA).  In a Friday announcement, the exchange said it would begin the suspension process on October 1 and would...

Regulator Sues Crypto Exchange Kraken Provider in Australia


Australia’s securities regulator has initiated civil proceedings against Bit Trade Pty Ltd, an entity providing Kraken services to Australian users. According to the government agency, the company failed to comply with regulatory obligations meant to ensure proper consumer protection. Australian...

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