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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.
The judicial saga surrounding Do Kwon, the founder of Luna/Terra, is increasingly resembling a game of ping-pong with…
WisdomTree Obtains Charter to Launch Innovative Crypto App in New York
WisdomTree Obtains Limited Purpose Trust Charter Authorization Renowned asset manager WisdomTree has obtained authorization from the New York…
March 22, 2024
Coinbase Legal Chief Vigorously Defends Ethereum Spot ETF Approval
Paul Grewal of Coinbase Firmly Defends the Approval of Ethereum Spot ETFs Paul Grewal, the legal chief of…
March 21, 2024
Cryptocurrency Lender Agrees to $21 Million SEC Settlement
Genesis Global Capital, a cryptocurrency lender recently declared bankrupt, has committed to a settlement agreement, agreeing to pay…
March 19, 2024
A Striking Ruling: SEC Sanctioned for ‘Gross Abuse of Power’ in Debt Box Case
A Rare and Striking Ruling: SEC Severely Sanctioned for ‘Gross Abuse of Power’ in Debt Box Case In…
March 19, 2024
Prosecutors Seek 40-50 Year Prison Sentence for Former FTX CEO
Prosecutors Recommend 40-50 Year Prison Sentence for Former FTX CEO Sam Bankman-Fried American prosecutors have recently argued for…
March 18, 2024
UK Judge Dismisses Craig Wright’s Claims in COPA Lawsuit
UK Judge Rejects Craig Wright’s Claims in COPA Lawsuit In a landmark ruling for the crypto community, a UK…
March 14, 2024
El Salvador Boosts Economy by Eliminating Income Tax on International Investments
El Salvador, the first country to adopt Bitcoin as legal tender, has announced a bold tax reform. Under…
March 14, 2024
NY Judge Rejects Gemini and Genesis’ Request to Dismiss SEC Lawsuit
NY Judge Denies Gemini and Genesis Request to Dismiss SEC Lawsuit A judge in New York has ruled…
March 14, 2024
Bitcoin Fog Founder Convicted of Money Laundering in Landmark Case
Russian-Swedish Founder of Bitcoin Fog Convicted of Money Laundering in Landmark Case In a groundbreaking ruling for cryptocurrency…
March 13, 2024
EU Bolsters Legislation to Combat Sanctions Violations with Focus on Crypto Assets
European Union legislators have taken a decisive step in strengthening the fight against international sanctions violations, with a…
March 12, 2024
Binance Executives Detained in Nigeria Amid Financial Dispute
Tigran Gambaryan and Nadeem Anjarwalla from Binance are detained in Nigeria following a government invitation related to a…
March 12, 2024
Coinbase and Grayscale Meet SEC for Ethereum Spot ETF, Comparing it to Existing Bitcoin ETFs
Coinbase has engaged in discussions with the Securities and Exchange Commission (SEC) regarding the proposed Ethereum Spot ETF…
March 9, 2024
Terra Founder Faces Extradition After Prison Sentence
Terra founder Do Kwon to be extradited to South Korea after prison sentence. Do Kwon, founder of Terraform…
March 7, 2024
Arizona Evaluates Adding Bitcoin ETFs to State Retirement Funds
The legislature of Arizona is taking proactive steps to incorporate cryptocurrencies, including Bitcoin ETFs, into the state’s retirement…
March 6, 2024
SEC Delays Decision on Ethereum Spot ETFs
SEC Delays Decision on BlackRock and Fidelity’s Ethereum Spot ETFs The US Securities and Exchange Commission (SEC) has…
March 6, 2024
Legal Saga: Do Kwon’s Extradition Reversal
In a significant judicial twist, Do Kwon, the founder of Terraform Labs, has won his appeal against extradition…
March 5, 2024
BRICS: Reducing Dependence on the US Dollar
In a strategic move aimed at reducing their dependence on the US dollar, the key members of the…
March 5, 2024
WSJ Accused of Defamation over Allegations Against Tether and Bitfinex
Christopher Harborne and AML Global Ltd Accuse WSJ of Defamation Following Allegations of Fraud and Money Laundering The…
March 4, 2024
Supportive Testimonies and Legal Changes for Sam Bankman-Fried Ahead of Sentencing
Supporting Testimonies A document of nearly 400 pages, filed just before midnight, contains 29 letters of support from…
February 29, 2024
Gemini to Return $1.1 Billion in Bankruptcy Settlement
Gemini to Return $1.1 Billion to Earn Program Clients in Bankruptcy Settlement The New York State Department of…
February 29, 2024
The Uncertain Fate of Do Kwon’s Extradition and its Potential Impact on his Trial with the SEC
The Uncertain Fate of Do Kwon’s Extradition and its Potential Impact on his Trial with the SEC Do…
February 27, 2024
LEJILEX and CFAT Challenge SEC’s Authority on Digital Assets
LEJILEX and CFAT Challenge SEC’s Authority on Digital Assets LEJILEX and the Crypto Freedom Alliance of Texas have…
February 22, 2024
Tether’s Uncertain Support of USDT on the Tron Network
Tether is hesitating to confirm whether it will continue supporting USDT on the Tron network, following Circle’s decision…
February 22, 2024
ECB Challenges Safety of Bitcoin Investments after US ETF Approval
The European Central Bank (ECB) has once again expressed reservations about cryptocurrencies, despite market optimism following the approval…
February 22, 2024
Podgorica Court Orders Extradition of Do Kwon to the United States
The Supreme Court of Podgorica in Montenegro has decided to extradite Do Kwon, co-founder of Terraform Labs, to…
February 21, 2024
GoFundMe Campaign Cancelled for Tornado Cash Defense
GoFundMe Campaign for Tornado Cash Defense Cancelled The American crowdfunding platform, GoFundMe, has cancelled a fundraising campaign intended…
February 16, 2024
Elizabeth Warren Celebrates 15th Anniversary of Bitcoin
The senator Elizabeth Warren, mostly known in the crypto community for her skepticism towards Bitcoin, marked a significant…
February 15, 2024
US Treasury Official Clarifies Crypto Donations to Terrorist Groups
US Treasury Official Provides Clarification on Crypto Donations to Terrorist Groups The US Treasury has revisited previous statements…
February 15, 2024
Powell Addresses the Need for Legislation on Stablecoins and CBDCs
The President of the Federal Reserve, Jerome Powell, has conveyed to House Democrats the importance of the United…
February 14, 2024
Binance CEO Sentencing Delayed
The sentencing of Changpeng Zhao, originally scheduled for February, has been postponed to April following his guilty plea…
February 13, 2024
SEC Under Fire Over DEBT Box Case
The SEC’s Handling of DEBT Box Case Questioned by Republican Members of Senate Banking Committee Republican members of…
February 9, 2024
Cryptocurrencies vs Cash: The Battle Against Money Laundering
Cryptocurrencies May Be Gaining Popularity, But Cash Remains Popular Among Money Launderers, According to U.S. Treasury Department Despite…
February 8, 2024
Do Kwon Wins Second Appeal Against Extradition Requests
Do Kwon Wins Second Appeal Against Extradition Requests After an initial victory in November, the decision was reversed…
February 8, 2024
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