Regulation

Key takeaways Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that it would no longer…
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Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid the ongoing regulatory uncertainty.Soon after announcing a partial delisting of certain digital assets from its platform,…
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Bankrupt crypto exchange FTX has filed a motion in court to remove its Dubai unit from ongoing restructuring proceedings in the United States.In a court filing on Aug. 2, FTX argued that its Dubai unit didn’t conduct any business before…
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Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, even conducting billions of dollars worth of transactions monthly, according to a Wall Street Journal investigation. The WSJ report says…
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Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s…
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Authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation and seized equipment following a tip-off from the public.According to local news outlet The Borneo Post, Sarawak Energy…
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SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards…
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France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO…
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The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on the evening of July 27. The bill includes a provision that targets crypto mixers, anonymity-enhancing coins and institutions that…
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Coinbase CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “Yes” on the Financial Innovation and Technology for the 21 Century Act (FIT21), which may provide regulatory clarity…
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