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Regulation
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
The lawyers representing the United States Securities and Exchange Commission (SEC) have contended that the additional documents submitted by Dentons, the legal counsel for Terraform and Do Kwon, in support of their motion to dismiss the…
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EU lawmakers vote for landmark AI regulation
The European Union Parliament has voted in favour of an AI Act.
If ratified, the law will require AI systems like…
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Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Cryptocurrency payments service provider Ripple continues to see global adoption of its payment services despite a long-winded legal battle with the United States Securities and Exchange Commission (SEC) over its XRP (XRP) token.In a…
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SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways
The US SEC has sued Binance for breaking securities rules.
The regulatory agency has also sued…
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Democrats’ ‘war on crypto’ will lose its key voters: Winklevoss twins
United States President Joe Biden and the Democratic Party risk losing its crucial youth voters as a result of their continued “war against crypto," according to the Winklevoss twins.On June 10, the co-founder of the crypto exchange…
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USDC issuer Circle receives a digital token licence in Singapore
Key takeaways
Circle has received its Major Payment Institution (MPI) license for digital payment token services in…
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Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms aimed at modernizing the country’s fiscal framework. Among…
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US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao.
He has 21 days to respond although he doesn’t have to…
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EU watchdog targets crypto ads on Instagram, YouTube, TikTok, Twitter
On June 8, the European Consumer Organisation (BEUC) — an umbrella group for 46 independent consumer organizations from 32 countries — published a report titled: “Hype or harm? The Great Social Media Crypto Con.“ In the 20-page document,…
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The SEC strikes again: First Binance, now Coinbase
Key takeaways
SEC sues Coinbase for acting as an unregistered broker
The United States Securities and Exchange…
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