The People’s Bank of China (PBOC) has officially deemed all digital currency activities to be illegal and even vowed to harshly crack down on the crypto market.
The PBOC stated on…
The Financial Services Commission (FSC) in South Korea has set a new deadline for the cryptocurrency exchanges in the country to register as authorized trading platforms. Over half of all…
The US Securities and Exchange Commission (SEC) has officially admitted that they did not inform any third parties that XRP was security until they pressed charged against Ripple Labs, the…
The leading cryptocurrency exchanges in South Korea -- Bithumb, Coinone and Korbit -- have allegedly reached agreements with local banks, which requires the banks to keep issuing real-name accounts for…
Coinbase CEO and co-founder Brian Armstrong posted a series of tweet detailing the sketchy behaviour that the U.S. Securities and Exchange Commission (SEC) has been exhibiting as of late.
The Background
Coinbase…
The Thailand-based branch of Huobi recently got their services temporarily suspended by the country's Securities and Exchange Commission (SEC) after it reportedly failed to comply with local regulations. The Commission has…
The People's Bank of China recently announced that the crackdown on crypto transactions has reached its completion.
In its 2021 Financial Stability Report, they stated that the virtual currency transactions have…
US-based crypto trading platform Bitfront will soon no longer be offering services to South Korean users, due to the new strict regulations that will be enforced in September.
Bitfront is joining…
Alex Leishman, the CEO and co-founder of River Financial, has expressed his displeasure regarding the bipartisan infrastructure bill that can potentially cause serious harm to the crypto industry, as well…
Cryptocurrency has recently become embroiled in the US Senate's $1 trillion infrastructure bill, which aims to repair weathered roads and bridges, fund broadband initiatives, and more.
A last-minute amendment to the…