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Nigeria Fintech Flutterwave Denies Client Account Hacking Reports

6.3.2023
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitoring system helped to uncover “an unusual trend of transactions on some users’ profiles.”...

Binance's Secret Plot: Leaked Texts Reveal Plans to Evade U.S. Law Enforcement – What's Going On?

6.3.2023
Binance and Binance.US, the US arm of the crypto exchange touted as a separate company, have been more intertwined than previously disclosed, mixing staff, technical teams, and finances. ... Read More: Binance's Secret Plot: Leaked Texts Reveal Plans to Evade U.S. Law Enforcement – What's Going On?

The crypto industry has 'already started' moving outside US, says Ripple CEO

5.3.2023
Ripple's CEO Brad Garlinghouse stated that if the SEC is able to “prevail” in its case against Ripple there will be a lot "of other cases" brought forward

Crypto Exchange Binance Joins Forces With Law Enforcement to Launch Anti-Scam Campaign

5.3.2023
Binance has launched its Joint Anti-Scam Campaign in collaboration with law enforcement agencies worldwide to fight “an alarming uptrend” in crypto-related scams, the cryptocurrency exchange said. “So far, the project has achieved tremendous results,” Binance claimed....

Crypto Exchange Bitzlato Restores Access to User Funds

3.3.2023
Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money....

UAE free zone to explore Bitcoin payments for services, lawyer says

3.3.2023
The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities

Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing

2.3.2023
A D.C. court denied a motion to dismiss claims that Michael Saylor failed to pay personal income taxes, with a status conference on the matter scheduled for March

Indian Crypto Exchange BitBNS Says Law Enforcement Advised Against Making Hack Public

2.3.2023
Indian Crypto Exchange BitBNS didn't make a hack worth $7.5 Million on February 1, 2022 public to its users and instead told them it was "system maintenance" because "law enforcement" authorities advised them against it

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases

1.3.2023
Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s...

Coinbase launches grassroots campaign for pro-crypto policy in the U.S.

28.2.2023
The company provided a link for voters to sign up so that they can gain information about local politicians’ crypto policies

SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities

28.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”...

Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27

27.2.2023
United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency

Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners

26.2.2023
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption...

The limitations of the EU’s new cryptocurrency regulations

25.2.2023
By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent?

US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks

25.2.2023
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type,...