Category sc : Regulations

SEC Issues Wells Notice to OpenSea Over...

The United States Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, the leading non-fungible token (NFT) marketplace. This notice suggests...

Nasdaq Seeks SEC Approval for Bitcoin Index...

Nasdaq is seeking regulatory approval to introduce and trade options on a new Bitcoin index, the exchange operator announced on Tuesday. The US Securities...

Bitget and KoinX Connect to Revolutionize Cryptocurrency...

Bitget's partnership with KoinX offers automated syncing and detailed tax reports for users. The collaboration improves security and compliance also making it easier...

New Zealand Enforces OECD Crypto Reporting Framework...

New Zealand Implements OECD Crypto Reporting Rules to Enhance Tax Compliance. Non-compliance penalties include fines up to $6,200 for providers and $621 for...

Rumble CEO Leaves Europe Soon After Telegram...

Arrest of Durov highlights global discussions about tech regulation and free expression. Rumble CEO Chris Pavlovski fled Europe amid fears following Telegram CEO...

Indian Government Will Engage With Industry Stakeholders...

The Secretary of the Department of Economic Affairs will draft a consultation paper by collaborating with Indian crypto stakeholders. Crypto regulations are much...

Wyoming to Launch State-Backed Stablecoin in 2025,...

The U.S. state of Wyoming is making significant steps in the cryptocurrency space by promoting crypto payments and planning to launch its stablecoin, the...

Calls for Compliance-Focused Crypto Regulation in Nigeria

In Nigeria, there is increasing advocacy for a shift in the regulatory framework governing the cryptocurrency industry, with calls for a focus on compliance...

Kraken’s Motion to Dismiss SEC Lawsuit Denied...

On August 23, 2024, U.S. District Judge William H. Orrick denied crypto exchange Kraken’s motion to dismiss a lawsuit filed by the Securities and...

Australian Court Sides With Regulator In Case...

Kraken was found guilty of providing its product without conducting a target market determination and operating a credit facility in Australia. The ASIC,...