South Korea is planning to go after those who use crypto and digital assets platforms to evade taxes by implementing strict measures against such activities. Seoul authorities pointed out that while the government has not...

Troubled crypto lender Vauld was granted creditor protection for three months by Singapores High Court. This gives the company some breathing space as it continues its negotiations for its acquisition by its rival...

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...

Just weeks after crypto exchange Binance was reported to have continued to process trades by Iranian clients despite U.S. sanctions, another crypto platform is now in hot water for similar violations. Kraken is under...

Owners of Bitcoin (BTC), Ether (ETH), and other digital assets in the Philippines are facing uncertain times ahead as it is still unclear what stance the new administration of Ferdinand Marcus Jr. might take towards crypto...

Last week, the U.S. Securities and Exchange Commission filed a complaint against a former executive of a crypto exchange and other parties for insider trading. What got the attention of some market watchers, however, was...