Regulation

Binance helping Philippines on crypto regulation despite contentions with SEC

The Philippines Securities and Exchange Commission (SEC) warned users in early August against investing with Binance but despite their contentious relationship, the exchange...

US Congressman urges Treasury to provide further clarity related to Tornado Cash sanctions

U.S. Congressman Tom Emmer has called on the Treasury Department to clarify issues relating to the sanction against Tornado Cash.In a letter sent...

Crypto community balks at SEC Chair Gensler’s assertion that regulation for capital markets, crypto should be same

A recent tweet from SEC Chair Gary Gensler clarified his position on crypto markets, saying they should be treated the same as other...

Former OpenSea exec claims insider trading laws cannot apply to NFTs

 Former OpenSea sea executive Nate Chastain has filed a motion asking a U.S. district court to dismiss insider trading charges levied against him...

Australia plans to implement token mapping amid intensified efforts to regulate crypto industry

The Australian government announced plans to token map all digital assets in its crypto asset sector as it intensifies efforts to protect consumers...

South Korea may levy up to 50% ‘gift tax’ on crypto airdrops under current law

South Korean officials have interpreted existing laws to mean crypto airdrops may be subject to “gift tax,” according to local media outlet Yonhap...

FDIC sends 5 companies, including FTX.US, cease and desist letters for making false statements about deposit insurance

The Federal Deposit Insurance Corp. (FDIC) said Aug. 19 that it has issued letters demanding Cryptonews.com, Cryptoytosec.info, SmartAsset.com, FTX.US and FDICCrypto.com to stop...

South Korea to block 16 unregistered foreign crypto exchanges

South Korea’s Financial Services Commission (FSC) reported 16 foreign crypto exchanges to investigative agencies for violating the Specific Financial Information Act, news1 reported...

Vitalik cheers Ethereum community push back over harsh Canadian crypto rules

Ethereum co-founder Vitalik Buterin commended community members for speaking out against new Canadian rules limiting crypto buys.Glad to see Ethereum people pushing against...
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