#Crypto Regulation

Highlights: A New York Senator has proposed a bill that introduces a tiered tax on crypto miners with heavy electricity use. The rising costs and higher electricity prices may put a strain on miners. Larger crypto miners with renewable energy […]

Highlights: Abu Dhabi has banned cryptocurrency mining to maintain sustainability in Agriculture. ADAFSA will fine farms for mining violations and may disconnect electricity to stop illegal crypto mining. The ban is set to protect farmland and ensure farms focus on […]

Highlights: The ESRB has recommended a ban on multi-issuance stablecoins in the EU. EU officials warn that multi-issuance stablecoins from non-EU entities could weaken euro oversight. The ECB is advancing the digital euro plans with possible approval by the end […]

Highlights: SEC suspends QMMM trading for ten days after detecting possible stock manipulation through social media promotions. QMMM shares surged over 1,700% in a month following its $100 million crypto treasury announcement. Analysts warn that overcrowded crypto treasury strategies may […]

Highlights: Zhimin Qian admits to orchestrating a $6.7 billion Bitcoin fraud in the UK court. Jian Wen helped launder the stolen funds and had over £300 million in Bitcoin seized by authorities. Global attacks on cryptocurrency holders have surged in […]

Highlights: SEC has cleared the way for DePIN tokens and has allowed DoubleZero to launch its token. Hester Peirce says DePIN tokens reward work and support innovation in blockchain. The market shows a small decline, but DePIN projects gain clear […]

Highlights: Poland has approved a crypto bill requiring licenses and strict supervision of all crypto providers. The law has faced backlash over high costs and slow regulatory processing by KNF. President Nawrocki had pledged support for crypto, while the Senate […]

Highlights: FINTRAC has fined KuCoin for unreported crypto transactions and missed suspicious activity alerts. KuCoin has appealed the record penalty in Canada as authorities increase enforcement before a global watchdog review. The agency cited 33 missed suspicious reports and has […]

Highlights: FTX Recovery Trust has sued Genesis Digital over alleged misuse of customer funds. Bankman-Fried directed Alameda Research to buy Genesis Digital shares at inflated prices despite warning signs. The trust is still reimbursing customers with $1.6 billion expected in […]

Highlights: The US Treasury has extended the GENIUS Act review, with feedback due by October 20. The US Treasury is seeking feedback on tax rules, foreign issuers, and the oversight balance for stablecoins. The Senate is to vote on the […]

Highlights: The Bank of Italy warns that cross-border tokens need strict limits and strong crisis protocols. Multi-issuance stablecoins may create legal and stability risks if issuers operate outside the EU. Stablecoins pegged to one fiat currency are seen as safer […]

Highlights: Ramil Palafox has pleaded guilty in a $200M Ponzi case after defrauding 90,000 investors through PGI’s false promises. PGI raised $201M, but victims lost $62.7M as funds went to luxury cars, homes, jewelry, and lavish hotel stays. U.S. prosecutors […]