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Regulation News
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Regulation is an extremely strategic point for the evolution and adoption of cryptocurrencies, NFTs, and the entire web3 ecosystem in general. Often denied and criticized by the most extreme members of the community, regulation is considered vital for many crypto activists wishing to see the democratization of blockchain and mass adoption. This considered a hot topic is constantly evolving. As such, Coin Academy will not fail to accurately address crypto regulation news to provide its readers with as much information as possible as quickly as possible.
Do Kwon Wins Second Appeal Against Extradition Requests After an initial victory in November, the decision was reversed…
NBA Faces Lawsuit Over Voyager Digital Marketing Deals
The NBA Faces a Lawsuit Over Marketing Deals with Voyager Digital The National Basketball Association (NBA) finds itself…
February 8, 2024
Ripple Faces SEC’s Request for Financial Documents and Contract Details
Ripple Faces SEC’s Request In a closely watched case in the cryptocurrency industry, a federal judge has signed…
February 6, 2024
Former CFO of Terraform Labs Extradited to South Korea
Former CFO of Terraform Labs Extradited to South Korea Han Chang-joon, formerly the Chief Financial Officer of Terraform…
February 5, 2024
Spanish Ministry of Finance Strengthens Control Over Cryptocurrencies
The Spanish Ministry of Finance Strengthens Control Over Cryptocurrencies The Spanish Ministry of Finance, led by María Jesús…
February 5, 2024
Nayib Bukele, the Pro-Bitcoin President of El Salvador, Secures Re-election for a Five-year Term
Nayib Bukele, the Pro-Bitcoin President of El Salvador, Re-elected for a Five-year Term, According to Exit Polls Nayib…
February 5, 2024
Rostin Behnam Calls for Federal Legislation
Rostin Behnam Calls for Federal Legislation: Rostin Behnam, president of the CFTC, expresses concerns regarding the risks introduced…
January 27, 2024
Binance.US Faces Ban in Alaska and Florida
Binance.US Banned from Operating in Alaska and Florida Regulators in Florida and Alaska have recently banned Binance.US, the…
January 26, 2024
Analysis Finds 70% of Crypto Communications Violate FINRA Rule
Around 70% of communications about cryptocurrencies by FINRA could potentially violate Rule 2210, which prohibits false or misleading…
January 24, 2024
SEC vs Binance: Regulatory Uncertainty Sparks Legal Battle
SEC vs Binance: Regulatory Uncertainty Sparks Legal Battle The lawyers representing cryptocurrency exchange Binance criticized the SEC’s lack…
January 23, 2024
Alameda Research Withdraws Lawsuit Against Grayscale
Alameda Research, the speculative fund associated with FTX, has voluntarily dropped its lawsuit against Grayscale Investments. The firm…
January 22, 2024
Denver Pastor Faces Charges for Using Cryptocurrency for Personal Expenses
Eli Regalado and his wife Kaitlyn face charges for using $1.3 million worth of INDXcoin cryptocurrency for personal…
January 22, 2024
Terraform Labs Files for Bankruptcy and Possible Extradition of Co-Founder
Terraform Labs, the company behind the creation of the Terra ecosystem consisting of its cryptocurrency LUNA and stablecoin…
January 22, 2024
Donald Trump Opposes the Creation of a Central Bank Digital Currency
Donald Trump Pledges to Prevent the Creation of a Central Bank Digital Currency (CBDC) in the United States…
January 18, 2024
SEC Supports Delay in Do Kwon Trial Pending Extradition, Opposes Case Separation
In a court filing on January 15th with the United States District Court for the Southern District of…
January 16, 2024
SEC Files Motion Demanding Ripple Provide Financial Documents
The SEC has filed a motion demanding that Ripple provide financial documents and contracts related to the sale…
January 12, 2024
SEC Unauthorized Intrusion Raises Market Concerns
The SEC has reportedly experienced an unauthorized intrusion on its X account, resulting in a false announcement regarding…
January 10, 2024
Bitfinex Withdraws Availability of Certain Products to UK Customers
Bitfinex withdraws availability of certain products to its UK customers: Bitfinex is withdrawing certain products and services for…
January 9, 2024
Upbit Obtains Major Payment Institution License in Singapore
Upbit Obtains MPI License in Singapore Upbit, a South Korean cryptocurrency exchange, has obtained a Major Payment Institution…
January 8, 2024
SEC Warns Against Crypto Investments Driven by FOMO
The SEC reiterates its warnings against impulsive investment in cryptocurrencies, especially during periods of intense FOMO. Say ‘NO…
January 8, 2024
New Requirements for UK Coinbase Users
A New Form for British Coinbase Users: British Coinbase users must fill out a ‘risk acknowledgement’ form. The…
January 5, 2024
ECB Develops Rules and Prepares for the Digital Euro
The European Central Bank (ECB) is actively engaged in preparing for the digital Euro. The ECB is actively…
January 4, 2024
Hong Kong’s Regulation on Stablecoin Licensing
Hong Kong opens up to stablecoins: Hong Kong plans to require licenses for stablecoin issuers. Only stablecoins issued…
December 28, 2023
South Korean High-Ranking Officials to Disclose Cryptocurrency Holdings
South Korean high-ranking officials will be required to disclose their cryptocurrency holdings starting in 2024. About 5,800 officials…
December 27, 2023
Tax Relief for Crypto Companies in Japan
Towards a Tax Relief for Crypto Companies in Japan: The Japanese government is considering exempting companies from taxation…
December 26, 2023
SEC Sets Deadline for Modified S-1 Filings for Bitcoin ETFs
SEC Sets Deadline for Modified S-1 Filings: The SEC has set a deadline of December 29th for modified…
December 25, 2023
SEC Admits Inaccurate Statements Regarding Crypto Firm
The United States Securities and Exchange Commission (SEC) has admitted to not being “accurate and honest” in its…
December 22, 2023
Hong Kong Opens Door to Crypto Spot ETFs
The Securities and Futures Commission (SFC) of Hong Kong is opening the door to the introduction of crypto…
December 22, 2023
Anticor Raises Allegations of Conflict of Interest in Transfer of AMF Official to Binance
Anticor Reports Suspected Conflict of Interest Over Transfer of Former AMF Official to Binance The organization Anticor has…
December 20, 2023
Ripple, Coinbase, and a16z Back Pro-Crypto Candidates for 2024 Elections
Ripple, Coinbase, and a16z Pledge Financial Support for Pro-Crypto Candidates in the 2024 US Elections Ripple, Coinbase, and…
December 18, 2023
Tether Takes a Strong Stance Against Illicit Use of Stablecoins
Tether Takes a Strong Stance Against Illicit Use of Stablecoins Tether, the issuer of the USDT stablecoin, recently…
December 17, 2023
Stuart Alderoty Predicts Major Changes in Cryptocurrencies by 2024
Stuart Alderoty Predicts Major Changes in the Crypto Space by 2024 According to Stuart Alderoty, Ripple’s legal chief,…
December 16, 2023
SEC Rejects Coinbase’s Request: Sparks Debate on Cryptocurrency Regulations
The Rejection of Coinbase’s Request by the SEC Sparks Debate The SEC rejects Coinbase’s request for new regulations…
December 15, 2023
SEC Battle Against Binance Intensifies
The SEC’s battle against Binance Holdings and its former CEO, Changpeng Zhao, has recently escalated. The SEC attempted…
December 13, 2023
Fidelity: Making Progress towards the Bitcoin Spot ETF
Fidelity, a giant asset management company, recently had a key meeting with the American Securities and Exchange Commission…
December 9, 2023
VanEck Chooses ‘HODL’ as Ticker for Bitcoin Spot ETF: A Bold Brand Strategy
VanEck Changes Form and Announces Ticker for Its ETF: VanEck chooses ‘HODL’ as the ticker for its Bitcoin…
December 8, 2023
Binance Founder Pleads Guilty to Bank Secrecy Act Violation
Guilty Plea Accepted from Changpeng Zhao for Violation of Bank Secrecy Act Federal Judge Richard Jones of the…
December 7, 2023
Jamie Dimon’s Controversial Remarks on Cryptocurrencies
Jamie Dimon’s Lunar Tirade on Cryptocurrencies Jamie Dimon, CEO of JPMorgan, recently reiterated his skeptical stance on cryptocurrencies…
December 7, 2023
SEC Delays Decision on Grayscale’s Ethereum ETF
The SEC Delays Decision on Grayscale’s Ethereum ETF The Securities and Exchange Commission (SEC) has postponed its decision…
December 6, 2023
Crypto.com Obtains New License from FCA
Crypto.com Secures New License from FCA Crypto.com has recently obtained a new license as an Electronic Money Institution…
December 4, 2023
Federal Judge Accuses SEC Lawyers of Lying
A Federal Judge Accuses SEC Lawyers of Lying A federal judge, Robert Shelby, has accused lawyers from the…
December 2, 2023
SEC Faces Another Failure in Case Against Kraken
A New Failure for the SEC in its Case Against Kraken: The Securities and Exchange Commission (SEC) of…
December 2, 2023
An Examination of the SEC and Its Approach to Cryptocurrency Cases
Hester Peirce Questions the Actions of the SEC: Hester Peirce criticizes the SEC’s approach to handling cryptocurrency cases.…
December 1, 2023
US Treasury’s ‘Savior’ Approach to Crypto Regulations
Representative Tom Emmer has criticized the Department of the Treasury for its approach as a ‘self-proclaimed savior’ regarding…
December 1, 2023
Circle Responds and Denies Accusations
Circle refutes allegations of illicit financing or connections with Justin Sun, founder of Tron. In an open letter…
December 1, 2023
US Treasury Official Calls for Stricter Regulation of Cryptocurrency Companies
US Treasury Official Urges Cryptocurrency Companies to Comply with Regulations Wally Adeyemo, Deputy Secretary of the US Treasury,…
November 30, 2023
SEC Seeks Public Input on Bitcoin ETF Approval
The SEC Seeks Community Input: The Securities and Exchange Commission (SEC) has recently sought public input on the…
November 29, 2023
Coinbase Receives Subpoena from CFTC for User Information
Coinbase reveals that the US Commodity Futures Trading Commission (CFTC) has issued a subpoena to provide information about…
November 28, 2023
Founder of Binance Temporarily Confined in the US Pending Sentencing
Founder of Binance, CZ, Temporarily Confined in the US Pending Sentencing The legal situation of Changpeng “CZ” Zhao,…
November 27, 2023
Terra Founder Do Kwon to Be Extradited
A Montenegro Tribunal Approves Extradition of Terra Founder Do Kwon to South Korea or the United States In…
November 24, 2023
Christine Lagarde: Skepticism Towards Crypto Highlighted by Son’s Loss
Christine Lagarde, President of the ECB, Shares Personal Story of Son’s Loss in Cryptocurrency Investments Christine Lagarde, the…
November 24, 2023
Clarifying the Taxation of Staking Rewards in France
Clarification of Staking Taxation: The amendment proposed by the French National Assembly aims to classify staking rewards as…
November 24, 2023
Kraken Co-Founder Approves Legal Action Against Binance
Jesse Powell comments on Binance’s recent fine: Co-founder of Kraken praises legal action against Binance Jesse Powell, co-founder…
November 23, 2023
Binance Faces Massive Sanctions and Fines in the US
Binance Faces One of the Largest Sanctions in US History with a $1.8 Billion Criminal Fine Plus $2.5…
November 22, 2023
SEC Examines Celsius Network’s Restructuring Plan, Seeking More Information on Company’s Assets
SEC Examining Celsius Network’s Restructuring Plan, Seeking More Information on Company’s Assets The ambitious plan of Celsius Network…
November 20, 2023
Binance in Advanced Negotiations with the US DOJ for Settlement
Binance in Negotiations with the US Department of Justice (DOJ) to Settle Criminal Charges, Potentially Paying Over $4…
November 20, 2023
Tether Freezes $225M in Stablecoins Linked to International Human Trafficking Syndicate
Tether Freezes $225M in USDT Linked to International Human Trafficking Syndicate Under Investigation by DOJ In a significant…
November 20, 2023
IOSCO Puts into Perspective the Regulatory Expectations of the Crypto Market
IOSCO puts into perspective the regulatory expectations of the crypto market: IOSCO proposes different suggestions to improve the…
November 17, 2023
WisdomTree Modifies Bitcoin ETF Filing: A Step Closer to Approval
WisdomTree has recently filed an amended S-1 form for its Spot Bitcoin ETF, bringing it a step closer…
November 17, 2023
Appeal Rejected: Terrafounder Sentenced to Prison
Terraform Labs founder Do Kwon’s appeal against a four-month prison sentence for document forgery has been rejected by…
November 16, 2023
IMF Managing Director Promotes the Potential of CBDCs
Kristalina Georgieva from the IMF advocates for CBDCs as crucial instruments for financial transformation in response to rapid…
November 16, 2023
Commerzbank Becomes First German Bank to Obtain Cryptocurrency License
Commerzbank Becomes First German Bank to Obtain Cryptocurrency License The fourth largest bank in Germany, Commerzbank, has recently…
November 15, 2023
Unmasking the Consequences of the Fake XRP ETF Filing on SEC’s Decisions
The Impact of the Fake XRP ETF Filing on SEC’s Decisions: A fake filing for a BlackRock XRP…
November 15, 2023
BlackRock Warns of Stablecoins’ Risk to Bitcoin
BlackRock identifies stablecoins as a risk to Bitcoin: BlackRock highlights the risks that stablecoins could pose to Bitcoin…
November 14, 2023
Crypto.com Takes on Dubai: New License Signals Expansion
Expanding Crypto.com’s Reach with a New License in Dubai Crypto.com has obtained a crypto license from regulators in…
November 14, 2023
A Reduced Fine for Ripple
A Considerably Reduced Fine for Ripple The SEC fine imposed on Ripple is likely to be reduced. The…
November 11, 2023
BlackRock Questions SEC’s Differential Treatment of Spot ETFs
BlackRock Challenges SEC’s Logic Regarding Spot ETFs: BlackRock disputes the SEC’s differential treatment of cryptocurrency Futures ETFs and…
November 11, 2023
European Parliament Approves Data Act with ‘Kill Switch’ for Smart Contracts
The European Parliament has approved the Data Act, including a “kill switch” clause for smart contracts. The law…
November 10, 2023
SEC Chairman Advocates for Restart of FTX Exchange
SEC Chairman Advocates for FTX Exchange Restart: Gary Gensler, SEC Chairman, supports the idea of a full restart…
November 9, 2023
Blockpit Acquires Accointing: A Strategic Move in Crypto Taxation
Anchoring a Strategic Merger: Blockpit Acquires Accointing Blockpit, an Austrian platform specialising in crypto taxation, has recently acquired…
November 7, 2023
Bybit Prepares to Return to the UK
[Key Points] Bybit prepares to return to the UK: Bybit, after a pause imposed by the FCA directives,…
November 7, 2023
SEC Faces Challenges in Cryptocurrency Management and Performance
SEC Faces Challenges in Cryptocurrency Management and Performance Key Points: The ban on candidates owning cryptocurrencies significantly limits…
November 7, 2023
Gensler’s Observations on Legal Counsel in Crypto
Observations of Gensler on Legal Advice in Crypto Gary Gensler suggests that crypto projects consulting lawyers could be…
November 6, 2023
SEC Claims Jury Too Lenient Towards Do Kwon
Key Points: The Securities and Exchange Commission (SEC) has sought summary judgment against Do Kwon and Terraform Labs.…
November 3, 2023
Bitfinex under Scrutiny by UK’s FCA
Bitfinex in the Crosshairs of the UK’s FCA Bitfinex, a renowned cryptocurrency exchange platform in the market, has…
November 1, 2023
No Green Light for Spot Bitcoin ETFs
Key Points: Invesco and Galaxy’s Bitcoin ETF recently added to DTCC website This addition does not indicate SEC…
November 1, 2023
Spain Takes Lead in Implementing Crypto Regulations
Spain Takes Lead in Implementing Crypto Regulations Spain is positioning itself as a pioneer in applying European regulations…
October 31, 2023
Shin Defends Himself in Terraform Collapse Trial
Shin Defends Himself in Terraform Collapse Trial Contested Responsibility: Shin Hyun-Seong, also known as Daniel Shin, denies his…
October 31, 2023
A New Era of Regulation: UK Introduces Plans to Regulate Stablecoins
A New Era of Regulation for Stablecoins The United Kingdom is preparing to take a decisive step in…
October 30, 2023
UK NFT Regulation: Lessons to Learn from Singapore
Key Points: Zach Burks, CEO of Mintable, warns against misguided UK regulation of NFTs. According to Burks, the…
October 30, 2023
Ripple CEO Slams Former SEC Chairman
The Ripple CEO Slams Former SEC Chairman in Heated Exchange In a scathing critique, Brad Garlinghouse, the CEO…
October 29, 2023
SEC Commissioner Challenges Agency’s Approach to Crypto Regulation
SEC Commissioner Challenges Agency’s Approach to Crypto Regulation Key points: SEC Commissioner Hester Peirce publicly criticizes the agency’s…
October 28, 2023
The FED’s Push for Stablecoin Regulation
The Federal Reserve (FED) may accelerate its lobbying for stablecoin regulation. According to Michael Barr, Vice President of…
October 28, 2023
Kraken Suspends Trading for Five Assets in Canada
Key points: Kraken suspends trading for five specific assets in Canada. The decision is made in response to…
October 28, 2023
US Lawmakers Call for Investigation into Binance and Tether
Key points: Two American lawmakers, Cynthia Lummis and French Hill, recently sent a letter to the DOJ, calling…
October 27, 2023
UK Adopts Innovative Law Allowing Seizure of Cryptocurrencies
UK Adopts Innovative Law Allowing Seizure of Cryptocurrencies Used in Criminal Activities The United Kingdom has taken a…
October 26, 2023
SEC Enforcement Actions and Gensler’s Critique of the Crypto World
Key Points: Gary Gensler revealed that the SEC has taken significant enforcement actions over the past year, resulting…
October 26, 2023
Another Departure at Binance: Former UK Director Jonathan Farnell Resigns
Another Departure at Binance: Former UK Director Jonathan Farnell Resigns Jonathan Farnell, the former director of Binance UK,…
October 24, 2023
BlackRock Preparing to Launch Bitcoin ETF
Key Points: BlackRock’s iShares Bitcoin Trust ETF has recently been listed with the DTCC under the symbol ‘$IBTC’.…
October 24, 2023
Grayscale’s Bitcoin ETF: A Path to Approval
The Way is Paved for Grayscale’s Bitcoin ETF Approval The market for cryptocurrencies seems to be picking up…
October 24, 2023
Slim Chances of Success for SEC Appeal Against Ripple
Key points: The SEC’s chances of success in its appeal against Ripple are estimated between 3% and 14%…
October 23, 2023
ZachXBT, the Blockchain Detective, Faces a Mysterious Data Request
ZachXBT, the Blockchain Detective, Facing a Request for a Vast Amount of Data A Mysterious Information Request: ZachXBT,…
October 23, 2023
SEC Drops Allegations Against Ripple Executives
In a notable turnaround, the SEC has decided to drop its allegations against Ripple CEO Brad Garlinghouse and…
October 20, 2023
New York Attorney General Files Lawsuit Against Prominent Crypto Entities for Deception
In a significant move, New York Attorney General Letitia James has launched legal proceedings against three leading crypto…
October 19, 2023
EU Strengthens Tax Transparency for Crypto Assets
EU Adopts Regulations to Increase Tax Transparency for Crypto Assets The European Union has strengthened its stance on…
October 18, 2023
New Guidelines: Basel Committee’s Call for Crypto Transparency
The Basel Committee’s Focus on Crypto Transparency As the world becomes increasingly intertwined with digital currencies, global financial…
October 17, 2023
Genesis Directed to Comply with Subpoena in Wake of terraUSD Failure
In a recent development surrounding the tumultuous failure of the stablecoin terraUSD (UST), Genesis, a leading crypto lending…
October 17, 2023
Optimism Surrounds Bitcoin ETF in the US
The Grayscale Bitcoin Trust (GBTC), the world’s largest Bitcoin fund, has experienced significant discounts over the past 24…
October 16, 2023
Binance Takes Bold Step in Response to FCA’s Cryptocurrency Promotion Guidelines
In response to the renewed and increasingly strict directives from the UK’s Financial Conduct Authority (FCA) regarding cryptocurrency…
October 16, 2023
Bitcoin Soars and Crashes on Misinformation
Bitcoin has recently experienced a turbulent period, going from $27,900 to $30,000 within a few minutes, only to…
October 16, 2023