Other top messaging apps like WhatsApp and Meta’s Messenger are also sharing user data with authorities, on valid legal requests.
Category: Regulation News
Kraken acquires Dutch broker BCM as part of European expansion
The acquisition of the Dutch broker firm is a key part of the exchange’s European expansion strategy ahead of the MiCA regulation.
Bitget predicts TON ‘de-Telegramization’ in the next 2 years
TON’s Toncoin cryptocurrency will “likely outperform” spot returns of Bitcoin in a bullish scenario in the coming years, Bitget predicted.
Upbit to store user data on AWS: What users should know
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.
Sweden sees crypto exchanges as professional money launderers
Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles.
Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities.
Green United loses bid to dismiss $18M crypto mining fraud suit
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.
Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.
Investment managers eye ‘extraordinary upside’ from BTC options debut
They could potentially spark an “explosively recursive” price upside for Bitcoin, according to one investment manager.