Binance has announced that it is terminating some services in South Africa to comply with regulations. This relocation followed a warning released by the South African monetary regulator that Binance Group was not licensed to
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China has proposed adding cryptocurrency mining to the country’s latest “Negative List for Market Access.” This will make cryptocurrency mining an industry that is off-limits to investors, another relocation by the Chinese federal government to secure
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The U.S. has launched the National Cryptocurrency Enforcement Team, an initiative of the Department of Justice (DOJ), to tackle and prosecute “criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling
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Circle is under investigation by the SEC, as the firm reveals it was issued a subpoena by the regulatory body in July 2021. The United States Securities and Exchange Commission has subpoenaed Circle, the issuer
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Global investment bank JPMorgan CEO Jamie Dimon said bitcoin has no intrinsic value and “regulators are going to regulate the hell out of it.” He emphasized: “If people are using it for tax avoidance and sex
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Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of
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The U.S. Securities and Exchange Commission (SEC) on Friday delayed the maturities of four bitcoin exchange-traded funds (ETFs) by 45 days. The regulator notes that the entity needs more time to decide on the ETF
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The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explains that some laws provide “significant investor protections” for exchange-traded funds (ETFs), including those seeking to invest in bitcoin futures. He looks forward
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Tesla’s CEO – Elon Musk – believes authorities are unable to “destroy” the digital asset industry. He advised the US government to let crypto “fly” instead of implementing legislation on it. Additionally, he gave his
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