An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM and KLIMA, as commodities.
Category: Regulation News
Crypto exchanges subject to EU Travel Rule in 6 months
New EU regulations mandate crypto exchanges to comply with Travel Rule Guidelines, enhancing AML/CFT measures starting Dec. 30.
Coinbase continues to fight for access to Gensler’s private emails
In a recent letter to a district court judge, Coinbase argued that the SEC Chair’s private communications are an “appropriate source of discovery” crucial to […]
German MP urges government to stop ‘hasty’ Bitcoin sell-off
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against […]
UK exit poll suggests Labour Party victory, next PM Keir Starmer
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 […]
Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.
Coinbase cites Binance BNB token precedent in SEC petition
“Rulemaking is required here because the SEC has adopted a novel and sweeping, yet still indeterminate, view of the securities laws,” attorneys wrote.
South Korean government to launch crypto transaction monitoring system
Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions.
KuCoin VAT charge raises concerns among Nigerian crypto community
The approving authority behind this taxation remains unclear, whether it’s the Nigerian government or an agency like the Federal Inland Revenue Service (FIRS).
Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.