Tag: regulation
Tether freezes 32 addresses linked to illicit activities in Israel and Ukraine
Tether, the world’s largest cryptocurrency company, has taken significant action against the illegal use of its stablecoin to fund terrorism and crime-related activities. The company has frozen 32 addresses, containing a total of $873,118.34, that were found to be linked to illicit activities in Israel and Ukraine.
Coinbase said it will win the lawsuit against the SEC
Coinbase said that it is poised for victory against the Securities and Exchange Commission after a US judge delivered a landmark judgment that said that…
Ripple gains approval to operate as a digital payment institution in Singapore
The Monetary Authority of Singapore (MAS) has granted Ripple In-Principle Approval of the Major Payments Institution Licence. The approval means that Ripple can offer regulated…
SEC Sets Sights on Coinbase, Bittrex, and Kraken: Enforcement Action Imminent
In a significant step, the United States Securities and Exchange Commission (SEC) is preparing to file an enforcement action against Coinbase, a well-known cryptocurrency exchange….
Republic cancels $75 million metaverse fund to comply with SEC’s guidelines
Republic, the third-largest equity crowdfunding platform in the US, has announced the cancellation of its $75 million metaverse fund. The company made the announcement following…
China is quietly backing the crypto revolution going on in Hong Kong
China’s anti-crypto stance is well-known. Industry observers have been surprised by the mainland’s apparent support for Hong Kong’s pro-crypto stance. Although cryptocurrencies are banned in…
