DOJ Targets OKX’s Affiliate for Violating AML Regulations, Ignoring US Restrictions
OKX affiliate – Aux Cayes FinTech Co. Ltd – pleaded guilty today to one count of operating an unlicensed money-transmitting...
Regulations
SEC Faces Critical Deadlines in Major Crypto Cases as Agency Shifts Direction
The financial regulator also appears to be easing up or pausing its rafts of ongoing litigation against crypto companies. However,...
SEC Withdraws Appeal in DeFi Dealer Classification Case
The U.S. Securities and Exchange Commission (SEC) has willingly withdrawn its appeal of a ruling that blocked its attempt to...
XRP a ‘Centrally Controlled Security’? John Deaton Disagrees
Investor and podcast host Jason Calacanis has reignited debate over XRP’s classification, calling the token a “centrally controlled security” in...
Crypto advocates call for post-Biden clarity on digital asset regulations
Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global...
Japan’s FSA Eyes Crypto as Securities in Sweeping Regulatory Overhaul: Report
The Financial Services Agency (FSA) of Japan is planning to recognize crypto assets as financial products equivalent to securities. As...
Adapting to Market Volatility and Regulatory Shifts
The Seychelles-based cryptocurrency exchange KuCoin has released a performance review report detailing its activities and growth in 2024. According to...
Arthur Hayes Slams US Bitcoin Reserve Plans and Crypto Regulation Efforts
BitMEX co-founder Arthur Hayes has dismissed the idea of a U.S. Bitcoin reserve, calling it a politically driven and impractical...
Empower Oversight Sues SEC for Withholding Crypto-Related Report
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) to obtain the final report on...
Good News for Crypto? US SEC to Scale Back Its Enforcement Division
The SEC is scaling back its special unit of more than 50 lawyers and staff members that were responsible for...