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KuCoin Hit With $297M Penalty for Bank Secrecy Act Violations, Agrees to Exit U.S. Market
The Seychelles-based owner of cryptocurrency exchange KuCoin has agreed to pay nearly $300 million in penalties and suspend its...
Jan 303 min read


Trump Signs Executive Order Creating Cryptocurrency Working Group and Banning Central Bank Digital Currencies
U.S. President Donald Trump has issued an executive order establishing a cryptocurrency working group to propose a regulatory framework...
Jan 283 min read


Donald Trump's Vision: Making the U.S. a "Bitcoin Superpower" Amidst Regulatory Changes
As Donald Trump is inaugurated for a second term as President of the United States, his administration is laying the foundation to...
Jan 244 min read


FDIC Documents Reveal Crypto “Pause Letters” Amid Claims of Sector Debanking
In newly released documents, the Federal Deposit Insurance Corporation (FDIC) disclosed that while it directed banks to pause direct...
Jan 72 min read


UK Fintech Stenn Collapses into Administration Amid Money Laundering Scrutiny
UK-based fintech firm Stenn, once valued at $900 million, has entered administration following an investigation linked to a U.S. money...
Dec 17, 20242 min read


Bitcoin Surges Past $105,000 as Trump Promises Crypto-Friendly Policies
Bitcoin's remarkable ascent continued today, with the cryptocurrency's price surging more than 3% during Asian trading hours, surpassing...
Dec 16, 20242 min read


Stricter AML Rules for European Cryptocurrency Companies to Take Effect
Cryptocurrency companies newly established in Europe have been cautioned about the introduction of more stringent anti-money laundering...
Dec 10, 20242 min read


Bitcoin Breaks $100,000 Barrier Following Trump's SEC Pick Announcement
In an unprecedented milestone, Bitcoin, the world's leading cryptocurrency by market capitalization, surged past the $100,000 mark in...
Dec 5, 20241 min read


Morocco Moves Toward Cryptocurrency Regulation, Explores CBDC Development
Morocco is advancing toward the regulation of cryptocurrencies with a draft law currently in the adoption phase, according to Abdellatif...
Dec 2, 20242 min read


Tether Allegedly Facilitating Money Laundering Linked to Mexican Drug Cartels
Tether, the world’s third-largest cryptocurrency by market capitalization, is under scrutiny from U.S. federal authorities for allegedly...
Nov 29, 20242 min read


Shanghai Court Clarifies Cryptocurrency Ownership Rights Amid Digital Currency Scandal
A legal opinion issued by a Shanghai court has clarified a critical question regarding the status of cryptocurrencies in China,...
Nov 25, 20243 min read


Swiss Regulator Warns of Stablecoin Risks in Illicit Finance
Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has issued a cautionary statement about the...
Nov 22, 20242 min read


Lithuanian Cryptocurrency Providers Drop by Half Ahead of Regulatory Changes
The number of Lithuanian companies authorized to offer cryptocurrency services has drastically declined, dropping by over half as the...
Nov 12, 20241 min read


Bitcoin Hits Record High Amid Optimism for Reduced Crypto Oversight Under Trump Presidency
Bitcoin surged to an all-time high as investors anticipate that Donald Trump’s return to the White House could lead to a more lenient...
Nov 8, 20242 min read


The Urgent Need for Responsible Innovation and Regulatory Reform in Fintech
Innovation is undeniably valuable, but responsible innovation has even greater impact. In various ways, fintech has filled gaps that...
Oct 29, 20243 min read


Bhutan's Quiet Transformation Into a Global Bitcoin Benchmark
The idea that a small Himalayan kingdom nestled between two rising superpowers, China and India, would become an international Bitcoin...
Oct 21, 20243 min read


Bitcoin Eyes $63.5K as China’s Fiscal Stimulus Fails to Impress, Reducing Capital Shift
Bitcoin (BTC) has once again attempted to secure a position above $63,000 this Saturday, after China's much-anticipated fiscal stimulus...
Oct 15, 20242 min read


US Charges 3 Cryptocurrency Firms and 15 Individuals, Including 2 Tied to Hong Kong, in Fraud Case
Federal prosecutors in Boston have charged three cryptocurrency companies and 15 individuals with engaging in widespread fraud and market...
Oct 11, 20242 min read


Blockchain Revolutionizes Africa’s Payment Landscape with Innovative Financial Solutions
Blockchain technology is rapidly transforming the global payments landscape, offering innovative solutions to long-standing challenges,...
Sep 30, 20244 min read


German Authorities Shut Down Crypto Exchanges Linked to Criminal Money Laundering
German officials have shut down dozens of cryptocurrency exchanges suspected of being used by criminals to launder illicit funds. Law...
Sep 23, 20241 min read
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