A US state securities regulator has raised concerns over the increasing use of artificial intelligence in cryptocurrency fraud, warning that scammers are exploiting AI tools, social media, and cryptocurrency ATMs to target investors. This warning came from Claire McHenry,...
South Korean regulators are intensifying efforts to prevent financial crimes and strengthen the integrity of the nation's financial system, particularly in the rapidly evolving crypto landscape. The country's Financial Intelligence Unit (FIU) is reportedly tightening anti-money laundering (AML) regulations...
Russia is considering launching an experimental cryptocurrency trading platform for “super-qualified” investors as a way of providing a controlled framework for digital asset transactions. According to state news agency Interfax, Aleksey Yakovlev, head of the Ministry of Finance’s financial...
The U.S. Securities and Exchange Commission (SEC) has decided to dismiss its case against Cumberland DRW, a Chicago-based cryptocurrency trading firm, months after accusing it of operating as an unregistered securities dealer. In a March 4 announcement on X,...
Ukraine is advancing toward legalizing its cryptocurrency market, with officials reportedly considering up to an 18% tax on crypto earnings. According to a local news outlet, many in Ukraine’s crypto community favour a 5% tax on income, but the...
The U.S. Securities and Exchange Commission (SEC) has agreed in principle to drop its securities enforcement case against MetaMask, according to Joseph Lubin, founder of blockchain firm Consensys. In a February 27 X post, Lubin stated that though they...
As the United States moves closer to introducing stablecoin legislation, Circle CEO Jeremy Allaire is urging tighter regulatory oversight, calling for all issuers of dollar-pegged digital assets to be registered within the United States. In an interview with Bloomberg,...
A United States legislator has introduced new legislation to combat fraud at cryptocurrency ATMs across the country. Speaking on the Senate floor on February 25, Senator Dick Durbin highlighted a growing trend of scams exploiting unsuspecting users, particularly senior...
The Ohio House of Representatives has introduced the Ohio Blockchain Basics Act, a bill designed to protect digital asset rights and prevent additional taxes on crypto payments. The legislation safeguards key activities such as self-custody, mining, and staking while...
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the NFT marketplace OpenSea, according to Bloomberg. Co-founder and CEO Devin Finzer confirmed this move on X on February 22, calling it a significant win for...
