Category: Regulation

The US Securities and Exchange Commission (SEC) has filed an amended complaint against Binance in the District of Columbia, introducing procedural updates and legal modifications to its original filing. The amendment, approved this morning, includes a motion under Federal Rule of Civil Procedure 15(a)(2), accompanied by a memorandum explaining the reasons for the changes, a…

Australia’s Communications Legislation Amendment (Combatting Misinformation and Disinformation) Bill 2024 continues to ignite heated debate, with critics arguing that the bill risks stifling free speech. The proposed bill, which targets misinformation related to elections, public health, and critical infrastructure, requires tech companies to establish codes of conduct. Platforms failing to self-regulate will face standards imposed…

The four biggest US-based mining operations – Core Scientific, Marathon Digital Holdings, Riot Blockchain, and Stronghold Digital Mining – got a letter from the House Committee On Energy and Commerce. The Committee wants to know about their energy usage and “how each company is mitigating those impacts and what steps are being taken to ensure…

It’s hard to believe Bitcoin Day was only a year ago. Let’s go back to El Salvador in anticipation of that faithful day’s celebrations, you’ll find that the country is booming with activity. This compilation of news has it all; from tourism to mining, from conferences to meetups. For a while there, the war with…

In current-day Argentina inflation is no joke and prices change every day. That means it’s fertile ground for bitcoin and crypto adoption. “The central bank has warned repeatedly about the risk of investing in volatile digital currencies, and some adopters are taking it carefully,” says Reuters. Once in a blue moon, mainstream media reports on…

The Russian government reportedly blacklisted OKX’s IP address on Wednesday for possible illegal activity related to a violation of Article 15.3 of Russia’s information law, reports said. According to Roskomnadzor, Russia’s internet censorship regulator, the Seychelles-registered cryptocurrency exchange disclosed information associated with “financial pyramid activities.” Roskomnadzor noted that the information includes details on the “provision of financial…

For the first time, we’re seeing an individual U.S. state (in this case, New Jersey) pursue NFT-specific regulation in what is bound to be a messy situation. A state bill, titled the ‘Digital Asset and Blockchain Technology Act,’ has already passed assembly and is on its way to the Senate – where speculators have largely…

In the past year, bitcoin’s price has declined by about 60% from its all-time high. This has diminished the excitement surrounding the alpha coin, but not entirely. There are still many who have faith in the cryptocurrency’s future. One of them is Arizona state Sen. Wendy Rogers. Rogers, a Republican, has presented legislation that would…

The European Union (EU) is making significant progress in the reform of its banking regulations, with a particular focus on bitcoin (BTC) and cryptocurrencies. The EU is now mandating that banks publicly disclose their holdings of crypto assets. This move aims to address the potential risks associated with these assets. Related reading: Ethereum Network Fees…

In a move to address growing concerns over money laundering and terrorist financing associated with cryptocurrencies, the Presidency of Peru has issued a new decree. The decree mandates that all cryptocurrency exchanges operating within the country must comply with anti-money laundering (AML) regulations. This development marks a significant step in the Peruvian government’s efforts to…