Policy & Regulations

Phishing Attacks Cost Nearly 295 Million USD in 2023

A 2023 report from security unit Scam Sniffer shows that a wave of phishing attacks

South Korea Proposes to Ban Crypto Transactions Using Credit Cards

South Korea's financial watchdog has proposed restricting users from trading on foreign crypto exchanges via

US Tightens Scrutiny on Crypto Transactions Over $10,000

In 2024, stringent IRS regulations require comprehensive reporting for crypto transactions exceeding $10,000, posing compliance

China Bans People from Using USDT

China warns that using Tether (USDT) as an intermediary in foreign exchange transactions is a

Binance’s 2023 Report: A Comprehensive Overview

In its latest annual report, leading Web3 firm Binance delves into key metrics, events, and

The US Court Continues to Deny CZ’s Application to Return to the UAE

Binance cryptocurrency exchange founder Changpeng Zhao (CZ) is still ordered by the court to remain

Crypto Exchanges in Indonesia Must Register to Operate

The Indonesian government wants to use a national crypto exchange to improve the safety of

Catalyx Platform Encountered Problems due to Security Holes

The Catalyx exchange encountered a problem due to a security vulnerability, which resulted in the

India Blocks Binance and 8 Other Cryptocurrency Exchanges

India to Block Nine Crypto Exchanges for Non-Compliance with Anti-Money Laundering Rules, per FIU IND

South Korea Requires Officials to Declare Crypto Assets

From early 2024, the Korean public will have access to detailed asset declarations of high-ranking

Binance CZ’s Wealth Soars $24.6B Despite $4.3B Fine

CZ, the founder of Binance, sees a staggering 195.9% surge in wealth, reaching $37.2 billion

5 Review Criteria for Listing Tokens on OKX

Each exchange will have different regulations in listing coins. OKX CEO recently "revealed" 5 criteria

The Amount of Capital Invested in Crypto will Decrease by Two-Thirds in 2023

Compared to 2022, the amount of money poured into the crypto market by cryptocurrency investment

Coinbase Responds to Accusations from Elizabeth Warren

Cryptocurrency exchange Coinbase has issued a response to Senator Elizabeth Warren's allegations about the company.

Prometheum is Licensed for Testing by the SEC

Prometheum is a cryptocurrency exchange licensed to test trading operations by the US Securities and

Former SEC Official Reveals Insights on Spot Bitcoin ETF

Former SEC official John Reed Stark, a prominent cryptocurrency critic, changes stance on spot Bitcoin

Curve DAO Agrees to Compensate 42 Million USD CRV

Curve DAO compensated 42 million USD CRV tokens to LPs damaged by the attack in

Hong Kong Financial Authority Will Consider Crypto ETF Proposal

Hong Kong's financial regulators said they are willing to consider crypto ETF proposals, saying the

Coinbase is Licensed to Operate in France

France's Financial Markets Authority (AMF)  has allowed Coinbase to operate in the country and provide

X (Twitter) will Launch Payment Services in Mid-2024

Elon Musk, the boss of social network X (formerly Twitter), plans to launch a payment

Sam Bankman-Fried’s Request to Postpone Sentencing was Denied

US federal judge Lewis Kaplan rejected the proposal to delay the sentencing of Sam Bankman-Fried

Celsius has Sold a Large Amount of Assets in the Past Month

Celsius is a cryptocurrency lending company that went bankrupt in 2022, and is said to

Victory in Do Kwon’s Extradition Struggle

In a dramatic twist of events, Montenegro's court has reversed the extradition order for Do

US Court Approves Binance Fine, Ending Lawsuit with CFTC

The US court has finally approved a fine for binance to close the case with

Tether Announced Its Willingness to Cooperate with the FBI and US Secret Service

Tether is willing to cooperate with the FBI and the US Secret Service affirms that

FTX Compensated, Investors Still Suffered Losses

FTX remains steadfast in compensating users for their losses based on the asset value at

Ex-Credit Suisse Exec Transforms Crypto Trading: BTC & ETH Spot Launch

Former Credit Suisse executive David Riegelnig reshapes the landscape of crypto trading by introducing BTC

Many Turkish Banks Flock to Crypto

This week, two of Turkish largest banks have moved to enter the crypto market even

KuCoin Pays $22 Million Fine, Blocks New York Customers

After nearly a year of being sued by the New York government, KuCoin has agreed

Changpeng Zhao Rejects SEC’s ‘Irrelevant’ Claims on DOJ Settlement

Binance, along with ex-CEO Changpeng Zhao, issued a rebuttal in response to the U.S. Securities