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SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner

A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the…

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Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations

Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant…

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Binance and Kazakhstan to Share Information About Crypto-Related Crime

Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other…

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Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme

Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies.…

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Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals

Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of…

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