Regulation

Despite seeing themselves as more “risk averse” than their older counterparts, nearly a third of all young Australian investors hold or have traded cryptocurrencies over the last year, a new study has found. In an Australian investor study from the Australian Securities Exchange (ASX), 46% of “next generation investors” — the report’s terminology for investors

Once again, the United States Securities and Exchange Commission (SEC) became the week’s headliner. Its intention to freeze the entirety of Binance.US’s assets got a reality check from U.S. district court Judge Amy Berman Jackson, who advised the regulator and the crypto exchange to negotiate a deal bilaterally.  The resulting agreement outlines measures for Binance.US

After a momentary retest of the $25,000 support on June 15, Bitcoin (BTC) gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months. The dismissal of Binance.US’s temporary restraining order by United States district court Judge Amy Berman

In the past year, more than 150 Web3 firms have set up operations in Hong Kong’s Cyberport, a digital hub set up by the country’s government to promote innovation, Financial Secretary Paul Chan Mo-po said in a statement. The influx came after the Hong Kong government invested $7 million (50 million yuan) to help Cyberport

Well-known crypto executives across the globe have donated to blockchain investigator ZachXBT, aiding in his legal defense against a defamation lawsuit brought by someone he accused of fraud. ZachXBT is known to his 412,900 followers on Twitter for his investigative work in the blockchain and cryptocurrency sector. On June 16, Jeffrey Huang, known as MachiBigBrother

Binance CEO, Changpeng Zhao (CZ) has made an announcement stating that Binance has officially issued a cease and desist notice to the fraudulent entity known as Binance Nigeria Limited.  On Sunday, June 18, the CEO took to Twitter to make the announcement. However, it’s worth noting that on June 9, the Securities and Exchange Commission,

Changpeng ‘CZ’ Zhao, the CEO of Binance, expressed his happiness and sense of relief as the prolonged dispute with the United States Securities and Exchange Commission (SEC) has been successfully resolved. The SEC’s ongoing scrutiny had created a tense and uncertain period for the company, making the resolution a significant milestone. Nonetheless, as the regulatory

The criminal case against the crypto user allegedly behind a multimillion-dollar exploit of decentralized exchange Mango Markets will be moving forward in the United States, with a trial scheduled for Dec. 4.  According to court records filed on June 14, Judge Richard Berman of U.S. District Court for the Southern District of New York set

United States Judge Amy Berman Jackson approved on June 17 an agreement between Binance.US, Binance, and the Securities and Exchange Commission (SEC), dismissing a previous temporary restraining order (TRO) that would freeze all Binance.US assets.  Judge Jackson said on June 14 she would prefer the parties reach an agreement on their own rather than have

Binance, Binance.US, and the Securities and Exchange Commission (SEC) reportedly revealed an agreement, late Friday, June 16, temporarily limiting access to customer funds exclusively to Binance.US employees. According to reports, the proposed agreement, pending approval from the overseeing federal judge, outlines measures for Binance.US to prevent any access by Binance Holdings officials to private keys

Gurbir Grewal, director of the United States Securities and Exchange Commission (SEC) division of enforcement, has reportedly said the entire crypto industry was “built around noncompliance,” leading to enforcement actions. According to a June 16 Reuters report, Grewal spoke at an event hosted by law firm Lowenstein Sandler and Rutgers University Law School in New

Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities by the U.S. SEC, according to Bitcoin OG and educator Dan Held.  Last week, the SEC sued Binance and Coinbase, accusing them of offering a number of altcoins as  unregistered securities. As a result, many

Global cryptocurrency exchange Binance has terminated its services in the Netherlands, making an exit from the Dutch market after a bid to obtain a virtual asset service provider (VASP) license failed. The termination of services is effective immediately, and no new customers from the Netherlands can open an account with the crypto exchange. From July 17

A United States federal judge is reportedly weighing a proposal to split former FTX CEO Sam Bankman-Fried’s (SBF) criminal charges into two trials following a filing from prosecutors.  According to a June 15 report from the Wall Street Journal, Judge Lewis Kaplan of the Southern District of New York was considering whether to dismiss or

The middle eastern arm of cryptocurrency exchange OKX reported Dubai’s Virtual Asset Regulatory Authority had granted the firm a minimal viable product preparatory license as part of its plans to expand into the region. In a June 15 notice, OKX said amid the regulator’s licensing approval, the exchange planned to increase its staff to 30

Nigeria, known for its growing adoption of cryptocurrencies, particularly Bitcoin (BTC), on June 14, floated the nation’s naira currency to allow banks and other forex market actors to trade the currency freely. This new policy can have several implications for crypto traders.  Foreign currency buyers and sellers can trade at rates they feel comfortable with