ASIC cancels FTX Australia’s license amid escalating crypto regulation
According to a statement released on July 19, the Australian Securities and Investments Commission (ASIC) canceled the Australian Financial Services (AFS) license held by...
Elizabeth Warren pressures Treasury, IRS for swift action on $50B crypto tax loophole
In a recent letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, US Senators led by Elizabeth Warren have demanded...
Former SEC adviser warns regulation by enforcement persists despite federal shakeup
The departure of former Securities and Exchange Commission (SEC) Chair Gary Gensler has not ended the agency’s regulation-by-enforcement approach toward the crypto industry.According to...
EU sanctions Russian crypto exchange Garantex over Ukraine conflict ties
The European Union has taken action against Garantex, a Russia-based crypto exchange, as part of its 16th sanctions package targeting entities linked to the...
Worldcoin WLD token jumps nearly 5% despite Kenyan government suspension
The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2 statement shared by...
