Nigerias SEC to crack down on unregulated crypto exchanges

Nigerias SEC will enforce regulations on unregulated crypto businesses as it aims to protect investors and encourage innovation in the growing market.

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Nigeria to ramp up crackdown on unregistered crypto exchanges

Nigeria’s Securities and Exchange Commission (SEC) is preparing to ramp up enforcement actions against crypto exchanges and other businesses operating outside of its regulatory oversight, according to local media reports. The crackdown is part of the watchdog’s broader strategy to protect investors and maintain market stability in the country’s fast-growing digital asset sector, which is […]

The post Nigeria to ramp up crackdown on unregistered crypto exchanges appeared first on CryptoSlate.

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Judge issues temporary stay in Kalshi v. CFTC election betting case

Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections.

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CFTC charges Uniswap, Brazils X ban, and more: Law Decoded

Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges.

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Kamala Harris releases policy platform details No mention of crypto

The Harris-Walz platform, A New Way Forward, included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries.

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Kazakhstan mulls Binance, Bybit for digital asset trading 

The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan.

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Crypto Super PAC pours $660K into Senate race as US election closes in

With 57 days until the US election, expenditures from Super PACs seem to be heating up in Massachusetts and nationwide.

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Latvias central bank opens pre-licensing consultations to crypto companies 

Latvias central bank is taking proactive steps to align with the EUs upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers.

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Binance obtains crypto license in Indonesia through local subsidiary

Binance's regulatory success in Indonesia could significantly enhance the country's crypto ecosystem and influence regional adoption trends.

The post Binance obtains crypto license in Indonesia through local subsidiary appeared first on Crypto Briefing.

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Record $4.68 billion fines mark SECs toughest year on crypto

The US Securities and Exchange Commission (SEC) imposed $4.68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in the agency’s history, according to a report by Social Capital Markets. This brings the total fines levied by the regulator since 2013 to $7.42 billion, with 2024 accounting for 63% of […]

The post Record $4.68 billion fines mark SEC’s toughest year on crypto appeared first on CryptoSlate.

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US Fed Issued Cease and Desist Order Against Crypto-Friendly United Texas Bank

UTB faces a 90-day deadline to overhaul its AML and risk management programs, following an investigation into its crypto clientele practices.

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OpenAI business users top 1M, targets premium ChatGPT subscriptions

OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models. 

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Hong Kong Monetary Authority Suspends Registration of LI Shek Tang for Nine Months

The Hong Kong Monetary Authority has suspended the registration of LI Shek Tang for nine months due to misconduct involving the fabrication of a client's signature. (Read More)

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El Salvador marks 3 years of Bitcoin adoption with $31M profit

Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.

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Coinbase secures partial victory over SEC in motion to compel discovery

Paul Grewal, Coinbases chief legal officer, said the SEC would be compelled to produce important discovery in its civil case after a judges order.

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X complies with EU data laws, stops AI chatbot data collection

X has resolved its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data.

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Crypto PACs spend $14M targeting crucial US Senate and House races

With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election.

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Advocates call for crypto to be discussed at US presidential debate

The Chamber of Progress cited Donald Trump revers[ing] his previous position on cryptocurrency and a lack of clarity from Kamala Harris campaign.

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Telegram updates policy, allows users to report illegal content in private chats

Telegram's policy change could significantly impact its reputation and user trust by addressing concerns over illegal activities on the platform.

The post Telegram updates policy, allows users to report illegal content in private chats appeared first on Crypto Briefing.

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Nevada Welcomes Bitcoin and Crypto: Day Two of the America Loves Crypto Tour

On stop two of the crypto industry-sponsored tour through battleground states, political figures urge Nevadans to support pro-crypto candidates in upcoming elections, as they pledge to make the state a home to the crypto industry.

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