Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.
Category: Regulation News
UwU Lend faces second hack during $20M reimbursement process
The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims.
MiCA regulation takes shape under EBA’s newest guidelines
The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward.
Taiwan establishes association to help crypto firms self regulate
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years […]
President Biden announces picks for SEC, FDIC and Treasury leadership
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC.
Chinese court sentences gang for money laundering using digital yuan
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.
SEC chair sees spot Ether ETF S-1 approvals sometime in summer 2024
Some analysts had predicted that spot Ether ETFs could start trading on U.S. exchanges by the end of June, but the SEC has yet to […]
Zimbabwe consults crypto firms on virtual asset regulation needs
The Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions.
North Korean cyberattacks on Brazilian fintech firms exposed
Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes.
Britain’s public healthcare chief flags rise in crypto trading addiction
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.