The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback.
Category: Regulation News
Nigerian police arrest crypto star in fraud crackdown
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria.
Nigerian prison doctor detained over Binance executive’s health concerns
Gambaryan’s family has expressed concern about his well-being and appealed to the EFCC to release him and pursue its investigation into Binance instead.
Fake ‘professors’ use phoney loans to trick victims in latest crypto scam
The scam often starts on a Facebook ad where those interested click the link and are met with a “Letter from the Professor” or “Letter […]
FTX and CFTC agree to $12.7B settlement, subject to court approval
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors.
Angel Drainer reportedly shuts down after devs potentially identified
Two hours after Match Systems claimed to have discovered the identity of Angel Drainer developers, users began complaining that the app no longer worked.
Ripple backs Deaton with $1M donation in senate race against Warren
Ripple has the back of one its strongest supporters in his attempt to unseat powerful Senate crypto foe Elizabeth Warren.
Elon Musk says X and SpaceX headquarters will move to Texas
The billionaire industrialist has an estimated net worth of $221 billion and owns Tesla, SpaceX, xAI, and the X social media platform.
a16z co-founders pledge to support Trump in wake of Vance VP pick: Report
Numerous Silicon Valley insiders are reportedly donating to the Republican presidential nominee.
Bitcoin soars on predictions of Trump victory after assassination attempt
The failed assassination attempt on the former US president may (perversely) be good for crypto. “Trump’s victory odds just went up significantly.”