#Crypto Regulation

Highlights: Russia has confiscated $10M in Bitcoin from a former official involved in a bribery case. Marat Tambiev was sentenced to 16 years for accepting 2,718 BTC in bribes to shield hackers from prosecution. Authorities are liquidating seized Bitcoin and […]

Highlights: Coinbase has won court approval to appeal the SEC case and halt proceedings. FDIC documents reveal efforts to limit crypto services, including Bitcoin transactions in the banking sector. The legal battles highlight regulatory challenges and could reshape crypto industry […]

Highlights: Nasdaq ISE files for SEC approval to raise IBIT options limit from 25,000 to 250,000 contracts. The change reflects IBIT’s $46.8 billion market cap and increased trading activity. SEC has 45 days to approve, reject, or review the proposal. […]

Highlights: HashKey has gained approval for a Virtual Asset Service Provider license in Ireland. The license allows HashKey to provide crypto trading custodial wallets and digital asset transfers in Ireland. Ireland has strengthened its role as a crypto hub with […]

Highlights: GSR receives UK FCA approval to operate as a registered crypto asset business. The firm offers its services in regulated trading, OTC, and programmatic trading. It is also the first to receive approval from both the FCA and the […]

Highlights: Binance has secured approval to acquire a broker-dealer license in Brazil. Binance has expanded its global compliance team to over 1000 staff to enhance regulatory adherence. The growing crypto adoption in Brazil aligns with the efforts of Binance to […]

Highlights: China requires banks to monitor and report risky crypto transactions to strengthen financial controls.   New rules make it harder to use crypto for cross-border transactions and bypass regulations.   China remains firm against crypto trading despite holding significant Bitcoin from […]

Highlights: The UK is struggling to enforce crypto ad rules as 46% of flagged ads remain active. The FCA is taking legal action on influencers as it cracks down on risky crypto promotions. The proposed rules aim to protect investors […]

Highlights: BPCE Group’s Hexarq gains regulatory approval for digital asset services in France.   Services include crypto custody, trading, and investment options by 2025.   Hexarq will integrate with BPCE’s Banque Populaire and Caisse d’Épargne networks.   BPCE Group of France, the second-largest […]

Highlights: Copper withdraws UK registration and shifts focus to overseas hubs. The UK FCA rejected 87% of crypto license applications in 2024. Copper is shifting focus on the US, Europe, and the Middle East. Copper Technologies Limited, a cryptocurrency custodian, […]

Highlights: Roman Storm has asked the court to drop charges against him in a new filing.   The Fifth Circuit Court recently ruled that Tornado Cash smart contracts are not property and cannot be controlled. Stanford Blockchain Club has argued that […]

Highlights: ASIC sues Binance Australia for tagging several of its clients incorrectly  ASIC seeks new rules governing the cryptocurrency space to find the right balance between innovation and enhanced client protection Excessive imposition of compliance costs likely to push small […]