The Bank of Ghana (BoG) has taken a significant step towards regulating the country's growing digital asset market. On August 16, the central bank released a draft of guidelines to oversee the cryptocurrency space, including Bitcoin and stablecoins like...
Binance has resumed offering its services in India after a seven-month suspension due to regulatory issues. The exchange confirmed in an X post published today, August 15, 2024, that it has officially registered as a reporting entity with India's...
U.S. Senate Majority Leader Chuck Schumer has stated he is working towards passing comprehensive cryptocurrency legislation by the end of 2024. The Senator revealed this during a virtual town hall hosted by Crypto4Harris, a group advocating pro-crypto policies for...
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...
