Binance CEO Changpeng “CZ” Zhao have filed a petition requesting that the lawsuit made against him and his cryptocurrency exchange by the United States Securities and Exchange Commission (SEC) be dismissed. According to a Sept. […]
Key takeaways The UK government could seize stolen cryptocurrencies A bill that seeks to expand the ability of UK authorities to target illicit cryptocurrency usage has been passed for approval by the House of Lords. […]
The Philippines Securities and Exchange Commission (SEC) has teamed up with its United States counterpart, as well as the Asian Development Bank to crack down on criminals using cryptocurrencies to commit fraud and other financial […]
Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto. Japan is looking to relax […]
Dubai-based cryptocurrency exchange JPEX has slammed regulators and “third-party market makers” for a liquidity crisis that has seen the platform hike withdrawal fees and suspend certain operations. In a Sept. 17 blog post, JPEX said “unfair […]
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto bank and crypto asset bank […]
Binance Holdings CEO Changpeng Zhao (CZ) has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he is “taking a deserved break” after a successful stint at the company. Binance.US is […]
SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs. Stoner Cats will refund the money to investors and pay a $1 million fine. SEC recently charged Impact […]
Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language […]
India was long thought to be planning a complete ban on cryptocurrencies. However, in the just concluded G20 Summit, India joined other G20 nations to support IMF-FSB joint recommendations for cryptocurrency guidelines. Crypto investors in […]