Regulation Archives - cryptosignals.org

March 27, 2024

KuCoin Faces $783 Million Net Outflow Amid DOJ Charges

In a significant development, KuCoin, a leading cryptocurrency exchange, has seen a substantial outflow of funds totaling over $780 million. This comes in the wake of charges filed by the U.S. Department of Justice (DOJ) earlier this week. The DOJ drops bombshell charges on KuCoin founders. KuCoin ...

#CRYPTOCURRENCY #DOJ #KuCoin #NEWS #Ouflows #Regulation

January 25, 2024

SEC Postpones Decision on Grayscale’s Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has opted to delay its decision on the approval of a proposed spot Ethereum exchange-traded fund (ETF) by Grayscale Investments, a prominent digital asset manager. On Thursday, January 25, 2024, the SEC issued an order to initiate proceedings and ga...

#CRYPTOCURRENCY #Ethereum ETF #NEWS #Regulation #SEC

January 19, 2024

Binance Faces SEC in Landmark Crypto Regulation Showdown

Binance, the world’s largest cryptocurrency exchange, is set to challenge a lawsuit brought forth by the U.S. Securities and Exchange Commission (SEC) on Monday in a Washington court. The SEC, in its June filing, accused Binance and its founder, Changpeng Zhao, of engaging in fraud, market ma...

#Binance #CRYPTOCURRENCY #NEWS #Regulation #SEC

January 17, 2024

Ripple Boss Says IPO Not Coming Anytime Soon Amid SEC Hostility

In a recent interview with CNBC at the World Economic Forum (WEF) in Davos, Switzerland, Ripple CEO Brad Garlinghouse revealed that the company is not rushing to go public in the U.S. market due to the “hostile” stance of the Securities and Exchange Commission (SEC), according to The Bl...

#CRYPTOCURRENCY #NEWS #Regulation #RIPPLE #SEC #XRP

December 27, 2023

South Korea Takes Strides to Boost Crypto Transparency and Regulation

In a bid to enhance transparency and accountability in the crypto industry, South Korea is set to implement a groundbreaking measure requiring public officials, including elected representatives and high-ranking civil servants, to disclose their cryptocurrency holdings as part of their annual asset...

#Crypto #NEWS #Regulation #South Korea

December 25, 2023

Nigeria Lifts Crypto Ban, Paving the Way for Regulatory Clarity

Nigeria, Africa’s largest economy and a major player in the global crypto market, has lifted its two-year ban on cryptocurrency trading. The Central Bank of Nigeria (CBN) announced on December 22 a significant policy reversal, allowing banks to provide services to crypto-related businesses, m...

#CRYPTOCURRENCY #NEWS #Nigeria #Regulation

December 13, 2023

Binance Fires Back at SEC, Challenges Lawsuit Over Alleged Securities Violations

Binance, the world’s leading cryptocurrency exchange, and its U.S. counterpart, Binance.US, are mounting a vigorous defense against the lawsuit brought forth by the U.S. Securities and Exchange Commission (SEC) in June. The regulatory battle centers around accusations that the platforms, alon...

#Binance #CRYPTOCURRENCY #NEWS #Regulation #SEC

November 23, 2023

Binance Founder Pleads Guilty to AML Violations Amidst New Twist

As we reported yesterday, Changpeng Zhao, the visionary founder of Binance—the world’s leading cryptocurrency exchange—has confessed to breaching anti-money laundering (AML) regulations in the United States. Zhao pleaded guilty to causing Binance to operate without a robust AML program, poten...

#Binance #Changpeng Zhao #CRYPTOCURRENCY #NEWS #Regulation

October 20, 2023

Ripple’s XRP Surges as SEC Drops Charges Against CEO and Chairman

In an unexpected twist, the native cryptocurrency of the Ripple network, XRP, experienced a significant upswing of nearly 8% on Thursday, October 19, 2023, after the U.S. Securities and Exchange Commission (SEC) dropped charges against Ripple’s CEO, Brad Garlinghouse, and Chairman Christian L...

#CRYPTOCURRENCY #NEWS #Regulation #RIPPLE #SEC #XRP