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California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes

The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited…

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More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that…

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Binance Creates Global Advisory Board to Tackle Regulatory Challenges

An international group of experts with extensive background in public and corporate governance will advise global cryptocurrency exchange Binance on regulation. The move is an indication of Binance’s focus on…

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Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies…

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Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker

The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators…

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Central Bank of Cuba Introduces Specific Virtual Asset Service Providers Regulation

The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures…

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Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the…

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Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists…

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Bitso to Offset Carbon Emissions From the Trading Platform’s BTC, ETH, ERC20 Transactions

On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso…

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