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Regulation
Law Firm Dismisses Accusations of Aiding FTX's Fraudulent Acts

The renowned U.S. law firm, Fenwick West, has responded to a lawsuit that accuses it of assisting in the illegal activities of a now non-operational cryptocurrency exchange, FTX. The firm firmly denies any...

Regulation
Alchemy Pay Secures Critical Payment Certification in Arkansas, Expanding its U.S. Regulatory Presence

The cryptocurrency service provider Alchemy Pay has boosted its worldwide influence by earning a critical payment certification in Arkansas. This development was communicated to the press on September 20, marking a...

Regulation
CBDC Anti-Surveillance State Act Advances as House Financial Services Committee Gives Approval

The House Financial Services Committee recently gave its nod to a legislative effort known as the CBDC Anti-Surveillance State Act. This development propels the legislation, designed to thwart the potential issuance of a...

Regulation People
Binance CEO Disputes Media Coverage of $250 Million Transaction Amid Ongoing SEC Lawsuit

Recent developments have revealed a disagreement between Binances CEO, Changpeng Zhao, and media coverage regarding a $250 million financial transaction. A Decrypt news story on September 19 interpreted specific legal...

Regulation
Thailand Expands Taxation to Include Foreign Earnings, Including Cryptocurrency Profits

Thailand has set its sights on broadening the tax net by incorporating foreign earnings, including profits from cryptocurrency trading, into its income tax calculations for those who live in the country for more than half...

Regulation
UK Nears Milestone in Cryptocurrency Regulation as Economic Crime and Corporate Transparency Bill Approaches Final Approval

The United Kingdom is nearing the culmination of a lengthy legislative journey, focusing on the regulation of cryptocurrency. The Economic Crime and Corporate Transparency Bill, set in motion last September, is reaching...

Regulation
Judge Recommends Collaboration Between SEC and Binance.US Over Documents and Testimonies

During a recent hearing, U.S. Magistrate Judge Zia Faruqui refrained from directing Binance.US, the American offshoot of the global cryptocurrency exchange Binance, to present its top-level executives for questioning. He...

Regulation
JPEX Crypto Exchange Faces Troubles over Regulatory Concerns and High Fees

Cryptocurrency exchange JPEX, headquartered in Dubai, has faced significant challenges recently, pointing fingers at regulatory agencies and particular financial institutions in Hong Kong for their current struggles. The...

Regulation
U.S. Senators Rally Behind Senator Warren's Digital Money Oversight Bill

Several top U.S. Senators have thrown their weight behind a significant legislative push championed by Senator Elizabeth Warren. The legislation, known as the Digital Asset Anti-Money Laundering Act, seeks to enhance the...

Regulation
Legislation Progresses to Limit Central Bank Digital Currency in the United States

The U.S. House Financial Services Committee is making strides in drafting laws that could hinder the creation of a digital dollar by the central bank. Patrick McHenry, the committees chairman, recently announced that on...

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