The Plan is for the payment of FTX’s customers who lost funds from its collapse in 2022. The Plan became effective on 3 January 2025 (Effective Date), with a set…
Stuart Alderoty, Chief Legal Officer of Ripple, recently challenged the U.S. Securities and Exchange Commission’s (U.S SEC) jurisdiction over transactions involving digital assets. In a post on X on 31…
The rules require DeFi brokers to report overall proceeds from certain digital assets transactions they facilitate for customers. The suit also added Janet Yellen, in her official capacity as Secretary…
This approval designates Binance as a licensed broker-dealer in Brazil, allowing it to acquire Sim;paul, a São Paulo-based investment platform authorized to distribute securities and issue electronic money. Binance became…
This new restriction adds to China’s series of regulations against cryptocurrency activities. The country views digital assets like bitcoin (BTC) as a potential threat to the nation’s financial stability. Since…
by Jude Ayua
The US Internal Revenue Service (IRS) has introduced 2024 regulations applicable to brokers that provide services to enable special digital asset sales and exchanges. Approved 5 December and…
If the details of IMF’s reforms are anything to go by, bitcoin (BTC) would have been robbed of its legal tender status in El Salvador. However, BTC will remain a…
The licensing showcases Hong Kong’s friendly approach to digital assets regulation, compared with mainland China’s restrictive approach. Hong Kong has also been proactive, as Eric Yip, SFC’s Executive Director of…
Patricia initially planned the repayment of affected subscribers to begin in November 2023 in partnership with DLM Trustees. However, in an unanticipated turn of events, DLM Trustees, whom Patriicia contracted…
The DSS opened for applications in September 2024. Among the first applicants, ClearToken CSD Limited and Montis Digital UK Limited passed the first stage (Gate 1) in mid-December.