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MetaZone secures funding03

08 Jun 23

European authorities investigate social media platforms over misleading crypto ads

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok, and Elon Musk’s Twitter may face regulatory action as the European consumer group BEUC has lodged a complaint with the European Commission, highlighting the alleged facilitation of misleading promotions related to crypto assets on these […]

The Most Suitable Crypto Exchange For USA Users08

06 Jun 23

Coinbase and other firms reach out to US authorities

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase’s chief legal officer, Paul Grewal will be testifying on capitol hill before the House Committee on Agriculture on June 6. Grewal will be discussing the need for amenable crypto regulations in the United States. Robinhood and CFTC officials will also […]

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17 May 23

Indian authorities urged to restore access to UPI for crypto exchanges

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An Indian crypto exchange and a policy firm have independently made appeals to the government, urging the restoration of access to the national Unified Payments Interface (UPI) for crypto firms following its apparent suspension in 2022. While the proposals were not […]

Korea Blockchain01

15 May 23

Authorities raid Upbit and Bithumb in connection with South Korean crypto scandal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prosecutors conducted a raid on two prominent South Korean cryptocurrency exchanges, Upbit and Bithumb, as part of an ongoing investigation into allegations surrounding independent lawmaker Kim Nam-kuk’s digital assets. The team of investigators from the Seoul Southern District Prosecutors Office seized […]

crypto news Binance low poly style

20 Apr 23

Binance.US-Voyager acquisition moves on amid resolution with US authorities

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Voyager, the Unsecured Creditors Committee (UCC), and the US government have reached an agreement that will enable the much-anticipated Binance.US-Voyager acquisition. After several months of uncertainty, the victims of the once prominent but now-bankrupt Voyager Digital may soon be made whole, […]

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20 Mar 23

Asian authorities stepping up crypto regulatory efforts

Asian financial authorities have begun stepping up on regulatory efforts aimed at effectively overseeing the crypto industry in their respective jurisdictions. Notably, Hong Kong and Taiwan have championed these efforts, as they look to bring crypto under greater scrutiny. Hong Kong to regulate stablecoins, set up licensing regime Hong Kong is gearing up to establish […]

crypto news The American Capitol book on the background bright tones low

10 Mar 23

US authorities to impose 30% electricity tax on crypto mining

The President Joe Biden administration has proposed imposing a 30% electricity tax on crypto mining operations in the United States. The move is attracting severe criticism from industry players. Despite the unfavorable market conditions and FUD that have plagued the web3 space since last year, the President Joe Biden regime is set to introduce a […]

crytpo news Binance dark tones sixties retro futuristic illustration

06 Mar 23

Binance allegedly tried to evade US authorities, while offering Gensler advisory role

A recent report revealed that crypto exchange Binance allegedly maintained control over its American unit, which was said to operate independently from the international entity. Moreover, Binance reportedly courted Gary Gensler to be an adviser for the company long before Gensler became chairman of the US Securities and Exchange Commission (SEC). A Wall Street Journal report […]

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03 Mar 23

US authorities to clampdown on natural gas-powered crypto miners

An agency under the US Interior Department’s Office of Inspector General has revealed that oil and gas firms in the country are diverting natural gas to fuel their crypto mining operations without paying federal royalties. Proof-of-work (PoW) based cryptocurrency miners using natural gas to power their bitcoin mining operations without paying federal royalty may be […]

Court Law generic 2 1

09 Jan 23

French authorities seek to expedite the issuance of crypto licenses

The French financial markets authority, Autorité des marchés financiers (AMF), is the latest regulator in the nation to push for cryptocurrency operators to be regulated. The AMF, in particular, is advocating for mandatory and expedited licensing of cryptocurrency entities not registered to provide services in the country, according to the agency’s chair, Marie-Anne Barbat Layani. Layani’s call […]

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