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Regulators

Former CEO of Crypto Exchange Bithumb Sentenced to Two Years in Prison: Report

Former Bithumb CEO Lee Sang-jun has reportedly been sentenced to prison after being found guilty of receiving cash and gifts…

December 30, 2024

Blockchain Association Files Suit To Challenge IRS and Treasury Department’s DeFi Broker ‘Midnight’ Rulemaking

A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers.…

December 30, 2024

US Government’s Motivations for BTC Standard Likely Differ From Bitcoiners, Warns CryptoQuant CEO

The chief executive of market intelligence platform CryptoQuant is warning investors that the US government's motivations for creating a Bitcoin…

December 30, 2024

Singapore’s Central Bank Sees Good Potential for Stablecoins To Become Widely Used Payment Instrument

The Monetary Authority of Singapore (MAS) says that stablecoins have the potential to become a widely adopted means of payment.…

December 29, 2024

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

Crypto stakeholders are protesting as the U.S. Department of the Treasury and the Internal Revenue Service (IRS) finalize new reporting…

December 28, 2024

South Korean Government Slaps Sanctions on 15 Individuals Allegedly Involved in North Korea’s Crypto Heists

The South Korean government says it is imposing sanctions on 15 North Koreans who engage in illicit cyber activities to…

December 27, 2024

Release Date for Incarcerated Former FTX Exec Ryan Salame Moved Up by Year

Incarcerated former FTX executive Ryan Salame appears to have already slashed a year off his prison sentence. Data from the…

December 27, 2024

Do Kwon Set To Be Extradited to the US After Losing Appeal in Montenegrin Constitutional Court: Report

Disgraced Terra (LUNA) founder Do Kwon is reportedly going to be extradited to the US after losing an appeal in…

December 27, 2024

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report

The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the…

December 25, 2024

Russian Companies Now Using Bitcoin (BTC) for Foreign Trade, According to Finance Minister: Report

The Finance Minister of Russia has reportedly confirmed that many companies in the country are now using Bitcoin (BTC) to…

December 25, 2024