Cryptocurrency Regulation
South Africa Drafts Bill to Tighten Crypto Controls, Bitcoin (BTC) in Focus
South Africa's Treasury proposes a bill criminalizing unauthorized crypto transactions, with fines up to $60,000 and prison terms of five years.
UK Considers Keeping $6.4B Bitcoin Gains From Chinese Fraud
The High Court is considering if to reimburse only the original investment value of £640 million while the seized Bitcoin is now worth nearly $7.24 billion, potentially leaving $6.4 billion in government hands.
Congressional Panel Tackles Digital Asset Taxation Amid Treasury Relief
The U.S. Treasury Department's exemption of digital assets from corporate minimum tax rules marks a victory for the cryptocurrency industry, particularly for firms like MicroStrategy and Coinbase.
White House Pulls Quintenz From Top Crypto Regulator Post
The Trump administration abruptly withdrew Brian Quintenz's nomination to lead America's top derivatives regulator late Monday, dealing a stunning blow ...
Congressional Republicans Target Former SEC Chief's Lost Messages
A bombshell congressional investigation has erupted over nearly a year of mysteriously vanished text messages from former Securities and Exchange Commis...
Republicans Demand Answers Over Former SEC Chief's Lost Texts
KEYWORDS=== Gary Gensler, SEC investigation, deleted text messages, House Republicans, cryptocurrency regulation, government transparency, SEC enforceme...
Consensys Files Lawsuit Against SEC Over Ethereum Regulation
Consensys, a software development firm, has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners, claiming the SEC plans to regulate Ethereum as a security, highlighting the ongoing debate on cryptocurrencies' regulatory classification and potential industry impact.
Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency
Binance is under heightened scrutiny in Nigeria, with allegations of contributing to the naira's devaluation, challenging the crypto exchange's regulatory dialogues.
South Korea's National Tax Service Advances on Cryptocurrency Oversight with Integrated Management System
South Korea's National Tax Service is set to complete the 'Integrated Cryptocurrency Management System' by 2025, aiming to enhance tax compliance and prevent illicit activities.
South Korea Probes OKX for Unregistered Operations
South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association.