Regulation

The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty.…
Read More...

The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation. Last year, President Joe Biden signed…
Read More...

In a bid to limit the environmental impact caused by Bitcoin mining in the state, the New York State Assembly passed a bill yesterday, placing a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in its…
Read More...

California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up…
Read More...

A new crypto litigation tracker from commercial law firm Morrison Cohen LLP shows details of more than 300 active and settled court cases since 2013. Morrison Cohen is a New York-based firm that caters to large financial institutions,…
Read More...

Dubai’s Virtual Assets Regulatory Authority (VARA) has announced that it shall create a metaverse headquarters in The Sandbox virtual world. The virtual headquarters shall be referred to as “MetaHQ” and shall be based at an unknown…
Read More...

The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after Russia began its…
Read More...

On April 26, the State of New York put itself at the forefront of the regulatory struggle with crypto, as its Assembly voted for a two-year moratorium on crypto mining operations that use energy generated by fossil-fuel power plants.…
Read More...

Brazil’s senate passed the crypto bill on Tuesday, while the Central African Republic also took a similar step last week. Brazil has become the latest country to pass a bill seeking the regulation of cryptocurrencies, joining a growing…
Read More...

The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures that these individuals or…
Read More...