The European Fund and Asset Management Association (EFAMA) has stated that a significant expansion of asset classes, including cryptocurrencies, is unlikely following the recent review of UCITS-eligible assets, according to a new report from ETF Stream. UCITS (short for...
New Jersey regulators have advised investors to withdraw any remaining cryptocurrency from their accounts with the crypto lender Abra. According to a press release from the State’s Attorney General Matthew J. Platkin, the Division of Consumer Affairs, and the...
The Canadian crypto trading platform ezBtc and its founder, David Smillie, have been accused of defrauding customers by misappropriating around 13 million Canadian dollars (about 9.5 million USD) of their cryptocurrency investments for gambling. A panel from the British...
Turkey is witnessing a notable increase in interest from cryptocurrency firms seeking to operate in the country. The Turkish Capital Markets Board (CMB) has reported that 47 cryptocurrency companies have applied for licences under newly introduced regulations. This influx...
Johnny Ng, a Hong Kong lawmaker, has called on the government and banks to ease restrictions on banking services for crypto and Web3 firms, highlighting the ongoing challenges these companies face in opening local bank accounts. In a post...
OKX CEO Star Xu has announced that the exchange will terminate any accounts found to be using Tornado Cash in a move to bolster financial integrity and enhance compliance with international sanctions. Xu stressed that OKX's risk control mechanisms...
Ripple's CEO, Brad Garlinghouse, has described the verdict in the legal battle between his company and the U.S. Securities and Exchange Commission (SEC) as a win for both the company and the U.S. crypto industry. "This is a victory...
BitGo has secured the Major Payment Institution License from the Monetary Authority of Singapore (MAS), according to a recent press release from the firm. The license positions BitGo as an authorized entity to offer regulated digital payment token services...
A coalition of cryptocurrency advocates is urging the US administration to implement a comprehensive regulatory framework for digital assets, citing benefits for economic stability and national security. According to a post by Chen Arad, the Crypto Market Integrity Coalition...
The Bharat Web3 Association (BWA) has emphasized the need for a comprehensive regulatory framework for the crypto and web3 industry in India. This declaration came as part of the association’s response to recent comments by a top official in...
