TL;DR New York introduces a bill (A06515) to protect cryptocurrency investors from rug pull scams in the memecoins market. The bill proposes criminal penalties for...
TL;DR Alon, founder of Pump.fun, calls for stricter regulations following the collapse of the LIBRA token, which caused $4.4 billion in losses in six hours....
TL;DR Kraken defies SEC lawsuit, alleges dangerous precedent. SEC accuses Kraken of operating without registration; the exchange denies and seeks to dismiss. Kraken reaches $30...
The New York State Department of Financial Services (NYDFS) has updated its list of approved cryptocurrencies for custody and listing by licensed entities. The latest...
Binance, the world’s largest crypto exchange, has seen another senior executive depart amid regulatory troubles. Mayur Kamat, the global head of product and design at...
The U.S. Treasury Department has released a proposed rule that clarifies the tax reporting obligations for crypto brokers, including exchanges, payment processors, and some wallet...
According to Forbes, Checkout.com, a credit card processing company based in London, recently terminated its contract with Binance. The company had previously expanded its business...
Txbit, a Netherlands-based cryptocurrency exchange, has announced that it will shut down its operations on September 14th, 2023. The exchange cited uncertain regulatory conditions and...
