Regulation
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The U.S. Federal Reserve Is ‘Nowhere Near’ Recommending or Adopting a CBDC, Says Fed Chair Jerome
The U.S. Federal Reserve is not rolling out a Central Bank Digital Currency (CBDC) anytime soon, according to Fed Chair…
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Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs
US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central…
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Binance.US Has Laid Off Majority of Its Staff and Suffered Blows to Revenue Due to SEC Lawsuit: Report
Binance’s US arm is reportedly downsizing amid legal challenges with federal securities regulators. In June, the U.S. Securities and Exchange…
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Uzbekistan taps Tether to boost crypto, blockchain development and regulation
Stablecoin issuer Tether Limited has entered a Memorandum of Understanding (MOU) with the Republic of Uzbekistan’s National Agency of Perspective…
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Montenegro Court Revokes Earlier Decision To Extradite Do Kwon to US, Citing Procedural Violations
An appellate court in Montenegro overturns an earlier ruling that approved the extradition of disgraced Terraform Labs founder Do Kwon…
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Nigeria to tighten crypto regulation in wake of Binance disputes
The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges…
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IRS Targeting Bitcoin and Crypto Traders As Digital Currencies Become Top Priority For Agency: Report
The U.S. Internal Revenue Service (IRS) is gearing up for a new campaign to tackle the digital assets industry and…
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State of Arizona Considering Adding Digital Asset Exposure to Retirement Funds
Arizona is mulling over the possibility of adding exposure to digital assets in the investment portfolios of government pension funds.…
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Gary Gensler compares Bitcoin’s latest all-time high to a ‘roller coaster ride’
SEC chair Gary Gensler cautioned investors to carefully consider the merits of each project after the market experienced extreme volatility…
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Spain Orders Worldcoin (WLD) To Stop Collecting Data After Receiving Several Complaints
The government of Spain is ordering human identity-focused crypto project Worldcoin (WLD) to stop collecting data in the nation after…
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