Crypto companies, just like any other business entity, are required to open a checking account with banks for withdrawals and deposits at minimum, but have found themselves turned away from…
11 class actions have been filed against 42 crypto companies in New York by law firm Roche Freedman, including well-known crypto exchanges Binance, Kucoin, BitMex, HDR Global Trading Limited, Block.one,…
The Securities Commission (SC) of Malaysia has officially recognised the crypto exchange platform Tokenize Xchange as a Digital Assets Exchange service provider.
US regulations on cryptocurrency have a come a long way since 2016 and most of its regulations have been rated ‘largely compliant’ to FATF’s benchmarks for grading.
The court filed a temporary injunction on Telegram and ordered the firm to halt token issuance to all its investors, including the non-US investors.
South Korea is tightening its regulations in a bid to protect investors from ‘high-risk products’, such loans and bonds that are supported by crypto as collateral.
Singapore MAS recently made an announcement to exempt several companies from the PSA until 28 July 2020. Companies highlighted in a long list on the MAS official website will be…
The SEC sued Telegram for illegally selling securities with its 2018 sale. Both parties have gone through heated court hearings arguing for their case, and it seems that the SEC…
This week, both Hawaii and Canada have revised their existing laws overseeing crypto to comply with guidelines set by the Financial Action Task Force.
Cryptocurrency regulations in Russia were first enacted in March 2018 under the bill “On Digital Financial Assets” (CFA), with another complementary bill on “Alternative Methods of Crowdfunding” meant to oversee…