SEC sues crypto exchange Bittrex and its ex-CEO
The Securities and Exchange Commission (SEC) has sued Bittrex and a former CEO over the exchange’s offering of unregistered securities. SEC’s complaint alleges the platform...
DeFi projects could face regulatory requirements, says Hong Kong regulator
Key takeaways A Hong Kong regulator has revealed that DeFi projects could be subject to regulatory requirements. The SFC said DeFi activities fall within the...
Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg
Singapore authorities are working with banks on new guidance for vetting crypto clients. The guidance will cover stablecoins, nonfungible tokens (NFTs) and firms providing services...
Belarus extends tax exemptions for crypto firms to 2025
Belarus will allow crypto businesses, including miners, to operate tax-free until 2025. Exempted taxes include value added tax, income tax and personal taxes. Belarus is...
The US Government wants the Voyager-Binance deal to be halted
Key takeaways; The US Government wants to halt the $1 billion deal between Binance.US and Voyager Digital. The government said the deal should be on...
Tether claps back at WSJ over “stale” FUD
Tether calls Wall Street Journal’s claims “stale allegations from long ago.” The USDT issuer noted in a recent blog post that it adheres to all...
Crypto regulation needs to be more transparent, Blockchain Association CEO says
Kristin Smith, CEO of crypto industry group Blockchain Association is optimistic of crypto regulation this year. She notes that crypto enforcement actions and settlements have...
US SEC fines former NBA Star Paul Pierce $1.4M for crypto
The US SEC crypto crackdown does not seem to be fizzling out any time soon. Former NBA star Paul Pierce has agreed to pay $1.4...
Sen. Warren to reintroduce AML bill extending to DeFi and DAOs
Senator Elizabeth Warren first introduced the AML Act of 2022 on December 15, 2022. The first bill was read twice and referred to the Senate...