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Senator Cynthia Lummis stands as a vocal supporter of the crypto community. In a bold stance, she criticized the Biden administration and regulatory bodies for their intensified scrutiny of the crypto market. As discussions on digital assets intensify, Lummis emerges as a key ally for the crypto industry, advocating for their interests amidst the regulatory […]
The United States Senate has approved the 2024 National Defense Authorization Act (NDAA) that carries an amendment aimed at countering anonymous transactions and illicit activities in cryptocurrencies. The $886 billion bill, which primarily defines the annual budget for the U.S. Department of Defense, has thus become a vehicle for unrelated crypto regulation. Promoted by a […]
The Taliban seized control of Afghanistan one year ago. The Afghanistan's ruling group has started a crypto crackdown. So far, 13 people have been detained and more than 20 crypto exchanges have been shut down. (Read More)
Nepal has started its crackdown on cryptocurrency trading. Regulators ordered internet providers to shut down websites and apps that dabble ...
The total value of crypto has skyrocketed 176% in 2021. The cryptos 176% surge equate to $2.14 trillion value. Report ...
SEC started probes on other DeFi Dapp platforms aside from Uniswap 2 week ago SEC chairman, Gary Gensler, promised a
In recent developments, two California school district officials have admitted guilty to stealing up to $1.8 million and misappropriating electricity to finance and operate a clandestine crypto-mining operation. The United States Department of Justice (DOJ) disclosed that Jeffrey Menge, former Assistant Superintendent and Chief Business Officer of Patterson Joint Unified School District, and Eric Drabert, [...]
The post Criminals Behind $2M School Theft Admit Guilt: Crypto Mining Scheme Uncovered appeared first on Crypto Breaking News.
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that “crypto regulatory onslaught will never end.” He claimed that cryptocurrency trading platforms, like Binance and Coinbase, are simply playing “a short game of regulatory arbitrage, all carried out in an effort to make as much fiat as possible before their inevitable [...]
The post Former SEC Official Warns ‘Crypto Regulatory Onslaught Will Never End’ appeared first on Crypto Breaking News.
Paju city officials in South Korea targeted citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November.
The South African Revenue Service (SARS) is stepping up its enforcement in the cryptocurrency sector, given that over 5.8 million South Africans own digital assets. Bitcoin usage is at its highest in Southern Africa and this has put SARS in a quandary as to whether taxpayers are declaring their digital assets assets and trading on […]
Dubais Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations.
Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch.
Crypto-friendly Congressman Tom Emmer has slammed U.S. Securities and Exchange Commission (SEC) chair Gary Gensler for his approach to cryptocurrency regulation, labeling him as a “bad faith regulator.” Great interview by @laurashin with @GOPMajorityWhip! Congress is working in their districts this week and next, but expect a VERY busy last 2 weeks of April for [...]
The post Congressman Tom Emmer says SEC chair Gary Gensler is a ‘bad faith regulator’ appeared first on Crypto Breaking News.
Recently, a seismic shift has occurred as the SEC announced lawsuits against Binance and Coinbase, two titans of the crypto world.
The U.S. government’s frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko. The U.S. has been at the forefront of the crypto sector for quite some time, however, with the government seemingly adopting a [...]
The post US crackdown will push crypto’s ‘center of gravity’ to Hong Kong: Kaiko CEO appeared first on Crypto Breaking News.
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