On Wednesday, US Senator Elizabeth Warren issued a report during the Senate hearing outlining the various ways crypto has been
Category: Regulatory Framework
Central Bank of Hong Kong and UAE Collaborates to Formulate Crypto Regulations
An official report issued by the central bank of Hong Kong in partnership with the UAE apex bank revealed two
Crypto Exchange Bybit Receives Pre-Approval in Kazakhstan for Providing Custodial Services
The Dubai-based crypto exchange Bybit announced on Monday to receive license pre-approval from the Kazakhstan regulators. As part of Bybit’s
California Chipmaker Accused of Engaging in $23M Elaborate Deception Exposing Coinmint to Damages
In a new court filing, the New York-based crypto-miner, Coinmint accused two semiconductor firms of orchestrating a fraud scheme “elaborate
Microsoft President Urges Policy Makers to Expedite Formulation of AI Rules
On May 25, the president of Microsoft, Brad Smith, issued a report calling for the authority to fast-track the formulation
Russian Policy Makers Proposes Amendment of Digital Ruble Bill
On May 22, the Russian law makers agreed to amend the digital ruble bill. Based on Russian law, the bill
Japanese Authority Set to Implement Tough Anti-Money Laundering Measures in June
On May 23, the Japanese regulators agreed to implement the Anti-Money Laundering (AML) regulations, commonly known as the travel rule,
DCG Facing Risk of Defaulting After Failing to Settle Gemini’s Loan Worth $630M
The New-York based crypto exchange Gemini announced on May 21 that the prominent Digital Currency Group (DCG) failed to settle
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
Pakistan Imposes New Crypto Ban Despite High Adoption
A recent report from the Pakistan authority reveals that the government will adopt restrictive measures for crypto assets. The announcement