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UK Financial Authorities Investigate Revolut Over Handling of £1.7 Million in Suspicious Accounts
The Financial Conduct Authority (FCA) and the National Crime Agency (NCA) in the United Kingdom have launched a joint investigation into...
Oct 2, 20232 min read


Crypto Firms Lobby for Friendly Laws Amidst Budget Battles and Money Laundering Concerns
Cryptocurrency companies have descended upon Capitol Hill in a bid to advocate for legislation favorable to the industry. Executives from...
Sep 29, 20233 min read


Binance Exits Russia Business, Sells to CommEX Amid Regulatory Scrutiny
Binance, the world's largest cryptocurrency exchange, has announced its exit from the Russian market by selling its business to CommEX, a...
Sep 28, 20232 min read


Hong Kong Regulator Identifies Lesser-Known Crypto Exchanges Seeking Licenses Amid Rising Concerns
In response to mounting concerns regarding the integrity of cryptocurrency exchanges, Hong Kong's Securities and Futures Commission (SFC)...
Sep 27, 20232 min read


Blockchain-Based Bonds Showcase Efficiency and Challenges in Hong Kong's Financial Landscape
Hong Kong's groundbreaking foray into blockchain-based bonds has yielded promising insights into the potential of tokenization to enhance...
Aug 29, 20232 min read


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...
Aug 24, 20232 min read


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...
Aug 23, 20232 min read


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...
Aug 22, 20232 min read


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...
Aug 8, 20233 min read


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...
Jul 31, 20232 min read


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...
Jul 28, 20232 min read


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...
Jul 26, 20232 min read


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...
Jul 19, 20232 min read


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...
Jul 18, 20232 min read


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)...
Jul 5, 20232 min read


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...
Jul 5, 20232 min read


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...
Jun 28, 20233 min read


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....
Jun 26, 20233 min read


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...
Jun 22, 20233 min read


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...
Jun 16, 20232 min read
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