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Tornado Cash Developers Charged with Money Laundering and Sanctions Violations
Tornado Cash developers Roman Storm and Roman Semenov have been charged with money laundering and sanctions violations in connection with...
Flexi Group
Aug 24, 20232 min read
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Binance.US Collaborates with MoonPay to Address Dollar Deposit Challenges Amid Regulatory Scrutiny
In the face of increasing regulatory scrutiny and financial obstacles, cryptocurrency exchange Binance.US has partnered with payment...
Flexi Group
Aug 23, 20232 min read
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Bitcoin Faces Steep Weekly Decline Amid Market Volatility and Regulatory Uncertainty
Bitcoin (BTC) is encountering its most substantial weekly decline since the FTX crash in November as the cryptocurrency market grapples...
Flexi Group
Aug 22, 20232 min read
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Former PBOC Governor Yi Gang Champions Digital Yuan's Global Impact in Final Lectures
Former Governor of the People's Bank of China (PBOC), Yi Gang, recently concluded his five-year tenure by shining a spotlight on China's...
Flexi Group
Aug 8, 20233 min read
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SEC's Request to Coinbase Signals Regulatory Push in Cryptocurrency Market
Coinbase, one of the leading cryptocurrency exchanges, received a request from the US Securities and Exchange Commission (SEC) to suspend...
Flexi Group
Jul 31, 20232 min read
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Binance Withdraws Crypto License Application in Germany Amid Regulatory Challenges
Binance, the world's largest cryptocurrency exchange, has decided to withdraw its application for a crypto license in Germany. This move...
Flexi Group
Jul 28, 20232 min read
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Ripple's XRP Emerges Victorious, Fueling Altcoin Market Surge and Crypto Regulatory Clarity
In an unexpected turn of events, XRP, the digital asset issued by Ripple Labs, has emerged as a white knight for the cryptocurrency...
Flexi Group
Jul 26, 20232 min read
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Federal Judge's Ruling on XRP Token Raises Questions About Crypto Regulation
A recent ruling by a federal judge has added a new layer of complexity to the ongoing debate surrounding the regulation of digital...
Flexi Group
Jul 19, 20232 min read
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Crypto Crime Declines in 2023, but Ransomware Payments Surge
Crypto crime saw a significant decline in the first half of 2023, according to blockchain analytics firm Chainalysis. However, the volume...
Flexi Group
Jul 18, 20232 min read
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UK Crypto Tax Experts Dispute HMRC's Proposed Tax Framework for DeFi Transactions
A group of crypto tax experts from prominent accounting services in the UK have raised concerns over HM Revenue and Customs' (HMRC)...
Flexi Group
Jul 5, 20232 min read
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UK Recognizes Cryptocurrencies Under Financial Services Act 2023
In a significant move, the United Kingdom has officially recognized cryptocurrencies as a regulated financial sector under the newly...
Flexi Group
Jul 5, 20232 min read
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Bitcoin Surges as BlackRock's Spot ETF Plans Boost Investor Optimism
Bitcoin, the rebellious cryptocurrency aimed at disrupting the traditional financial system, has experienced a resurgence following the...
Flexi Group
Jun 28, 20233 min read
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The Need for Active Participation in the Evolution of Central Bank Digital Currencies
Central bank digital currencies (CBDCs) are gaining traction worldwide, with over 110 countries exploring the concept of digital cash....
Flexi Group
Jun 26, 20233 min read
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UK Banks Forge Data Sharing Initiatives to Combat Money Laundering and Illicit Asset Flows
UK banks are taking proactive measures to address the issue of money laundering and illicit asset flows from Russia by establishing data...
Flexi Group
Jun 22, 20233 min read
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Binance Reverses Expansion Plans in Cyprus, Focusing on EU Compliance and Existing Markets
Binance, the largest cryptocurrency exchange globally, has decided to backtrack on its initial plans to expand into Cyprus, despite being...
Flexi Group
Jun 16, 20232 min read
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SEC: Binance Founder Zhao Inflated Volumes, Diverted Assets in Deceptive Practices
In a recent development, the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, the world's largest...
Flexi Group
Jun 6, 20232 min read
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Wall Street gets ready to compete with established crypto companies
Traditional financial institutions such as Standard Chartered, Nomura, and Charles Schwab are entering the cryptocurrency market by...
Flexi Group
May 31, 20233 min read
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After the FTX nightmare, Singapore's Temasek will be cautious in the crypto space
Temasek wrote out its entire investment in FTX in November. One of Singapore's sovereign wealth funds, Temasek Holdings, has committed to...
Flexi Group
May 29, 20232 min read
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Litecoin rises 20% as bitcoin alternatives attract investors
After a meme-token frenzy drove up expenses on the largest blockchain, a digital token launched 12 years ago as a more...
Flexi Group
May 18, 20232 min read
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The European Union has approved the world's first comprehensive crypto laws
On Tuesday, European Union member states approved the world's first complete set of laws to regulate cryptoassets, putting pressure on...
Flexi Group
May 17, 20231 min read
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