Binance, the largest crypto exchange in the world in terms of trading volume, received a summons from the Central Bank of Uruguay to ask the platform about its crypto-based savings products. The regulator became aware of...

A U.S. Senator has sent letters to the chief executive officers of Apple and Google demanding to know what measures the companies have against fake crypto apps. The inquiry came after the Federal Bureau of Investigation...

FZE, the subsidiary of billionaire Sam Bankman-Fried crypto exchange FTX, became the recipient of Dubais first Minimal Viable Product (MVP) License. The operating license, which was issued by the Virtual Asset Regulatory...

The Central African Republic (CAR) made waves when it followed in El Salvadors footsteps and made Bitcoin (BTC) legal tender, becoming the first country in Africa to do so. However, the move did not sit well with its peers...

The Federal Deposit Insurance Corporation (FDIC) recently issued an advisory that clarified the scope of its insurance. The agency stressed that while it insures deposits held in insured banks, the coverage does not...

The International Monetary Fund (IMF) has expressed concern that Kenyas proposed central bank digital currency (CBDC), also known as the digital shilling, might threaten banks, mobile money operators such as M-Pesa, and...

Criminals are increasingly using crypto assets in their illegal activities. This was revealed by the UKs National Crime Agency in a recently released report, which also stated that the law enforcement agency seized more...

The United States Securities and Exchange Commission has received a lot of criticism lately over the way it handled issues in the digital assets industry. The latest high-profile personality to air his concern is...

Gibraltar is known as crypto-friendly jurisdiction and, with its DLT framework already in place since 2018, has lured crypto firms to put up shop in the territory and encouraged the adoption of digital currencies among its...

With the rising popularity of non-fungible tokens (NFT), various authorities worldwide are already making preparations to regulate the niche. For instance, NFT regulation in Russia could arrive by introducing changes to...