South Africa Takes The Lead In Crypto Regulation: 59 Platforms Licensed
According to a recent Reuters report, South Africa’s Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for crypto businesses. This significant development comes as Africa’s most industrialized...
Funds In The Shadows: ISIS Expands Crypto Usage For Fundraising And Money Laundering, Report
A recent Bloomberg report revealed that the Islamic State (IS) is allegedly growing its use of cryptocurrencies, including Tether’s USDT stablecoin, to raise and transfer funds globally, with a...
Crypto’s New Frontier: Wyoming Shatters Barriers With New DAO Legislation
According to a report by Fortune Magazine, the state of Wyoming is looking to solidify its position as a crypto-friendly state with the recent signing of the Decentralized Unincorporated...
Arizona State Senate Advances Resolution to Explore Bitcoin ETFs In State Retirement Plans
The Arizona state Senate has taken a significant step toward considering the inclusion of Bitcoin ETFs in state retirement portfolios. A recently advanced resolution encourages lawmakers and state retirement...
Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison
In a high-profile case that has garnered considerable attention, Sam Bankman-Fried, the disgraced CEO of the now-bankrupt FTX crypto exchange, is seeking a lighter sentence, citing his autism spectrum...
Crypto Regulations On The Horizon: UK Prepares To Release New Laws In 6 Months
In a recent development, the United Kingdom (UK) government plans to implement new crypto regulations for stablecoins and staking services within the next six months, according to a Bloomberg...
Safemoon CEO On The Brink Of Losing Legal Representation Due To Lack of Funds
John Karony, CEO of the bankrupt crypto firm SafeMoon, has experienced a setback in his legal defense following his attorneys’ decision to withdraw from the case. Karony is currently...
Nigeria’s Apex Bank Sets New Course, Lifts Ban On VASPs
The Central Bank of Nigeria (CBN) has now canceled its restrictions on banks and other financial institutions in operating accounts for virtual asset service providers (VASPs). This marks an...
Crypto Case’s Epic Flaws Exposed: SEC’s Bold Plea For Sanction Waiver Uncovers Critical Insights
US Securities and Exchange Commission (SEC) lawyers have issued an apology to a judge for misrepresenting facts in a case involving a crypto firm.
The SEC lawyers expressed deep regret...
