On May 25, the president of Microsoft, Brad Smith, issued a report calling for the authority to fast-track the formulation
Category: Regulator Warnings
Brazil Regulators Approves Latam Gateway Payment License
On Friday, the Brazil-based payment platform Latam Gateway announced that the regulators green-lighted its license. The approval of the Latam
Texas Senate Approves Proof-of-Reserves Bill
On Friday, policymakers in Texas green-lighted House Bill 1666 (HB1666), which necessitates crypto firms to maintain a well-updated audit for
Ripple Launching CBDC Platform to Support Issuance of Digital Currency
On May 18, the US-based blockchain firm Ripple revealed plans to launch a new platform for central bank digital currency
SEC Denies Coinbase Request for Regulatory Clarity, Cites Complex Rulemaking Process
On Monday, the US Securities Exchange Commission (SEC) issued a report providing well-detailed responses to the Coinbase petition. Initially, Coinbase had
Zimbabwe’s Gold-Backed Crypto Token Generates $39M Sales Despite IMF Warnings
An official report from the Reserve Bank of Zimbabwe (RBZ) revealed that the sales for the gold-backed digital tokens yielded
Bitcoin Miner Riot Suing Rhodium Enterprises for $26 Million Unpaid Fees
The American-based Bitcoin mining company Riot Platform (RIOT) filed a lawsuit against Rhodium Enterprises for breaching the hosting contract. The
Former OpenSea Product Manager Convicted for NFT Insider Trading
On May 3, the New York Federal Court issued a report on the conviction of OpenSea ex-manager Nathaniel Chastain. The
Coinbase Shifts Focus Towards UK as the US Becomes a Difficult Territory for Crypto Industry
Coinbase CEO Brian Armstrong has stated the new direction of the regulated cryptocurrency exchange. To this end, he maintained that
U.S Congress Decides to Hold Hearing on Stablecoin Legislation as Part of Ongoing SEC Regulatory Action
U.S Congress is making some important changes in its schedule for the next week. The House of Representatives is undergoing