Two crypto industry giants, Binance and Coinbase, have recently adjusted to align with the United Kingdom’s crypto regulations to continue their operations in the country. These changes are pivotal in the crypto industry’s journey as countries grapple with integrating digital assets into their financial systems worldwide. The FCA’s Stance On Crypto The Financial Conduct Authority (FCA), […]
In recent events, the loans taken from Alameda Research have been scrutinized, with lawyers representing Sam Bankman-Fried, also known as SBF, seeking clarity from FTX co-founder Gary Wang. SBF Lawyers Into The Loan’s Legalities Sam Bankman-Fried, the founder of the now-defunct FTX exchange, seems to be in a tangle over the loans given out by […]
Worldcoin, a crypto project co-founded by OpenAI CEO Sam Altman, has been under the microscope in several countries, including Britain, Germany, and France. The project, led by Tools for Humanity, promises users a new “identity and financial network” but has faced criticism and scrutiny over its method of acquiring user data, particularly the scanning of […]
In a twist of irony, a Bitcoin scammer who portrayed himself as a beacon of safety in the crypto world has been unmasked and prosecuted, not by law enforcement, but by the very victims the scammer defrauded, according to a recent report from BBC. Doede Osman Khan, a 50-year-old from Shropshire, UK, boasted about helping […]
eToro has taken steps to solidify its position in the European market. The company recently announced it obtained the Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC). Embracing The Future Of Crypto In Europe? As of September 21, eToro officially revealed their newly obtained CASP registration, signifying a new chapter […]
In light of a surge in illicit activities associated with the over-the-counter (OTC) crypto trading market, South Korea is increasing its regulatory scrutiny. Financial regulators in this tech-forward nation are actively delving into the largely unregulated domain of OTC crypto trading in the Asian country. The report claims a sense of urgency to establish concrete […]
According to a recent report, Peter Marton, a pivotal player in crypto regulations and Deputy Superintendent of Virtual Currency at the New York State Department of Financial Services (NYSDFS), has resigned from Marton’s esteemed role. A Legacy Of Crypto Regulation: Marton’s Tenure At NYSDFS Come September 29, Peter Marton will vacate Marton’s position as the […]