Bitget has decided to withdraw its pursuit of a Virtual Asset Trading Platform (VATP) license in Hong Kong. This decision has set the crypto community
Category: Regulation News
Chinese Hackers Fake Skype App Drains User’s Crypto
SlowMist, a firm in crypto security analytics, has recently unveiled a new phishing scam targeting cryptocurrency enthusiasts. This scheme, masterminded by a group of Chinese
Australia Mandates Reporting of Ransomware Attacks by Firms
Australia is taking a bold step in cybersecurity by mandating local companies to report any ransomware attacks they experience. This move is part of the
India’s Supreme Court Dismisses Petition for Crypto Regulation
The Indian Supreme Court, led by Chief Justice Chandrachud, recently faced a petition seeking establishing a regulatory framework for cryptocurrency trading. However, the bench, which
Ripple CEO Brad Garlinghouse Praises Dubai’s Swell Success
Brad Garlinghouse, CEO of Ripple, recently highlighted the success of the 2023 Swell conference in Dubai. Garlinghouse attributes the choice of Dubai as this year’s
Hodlnaut Faces Liquidation in Singapore Following Financial Woes
According to a recent report, Singapore’s crypto lending firm, Hodlnaut, is facing liquidation. This decision comes in the wake of the company’s unsuccessful efforts to
John Deaton Predicts Ripple’s SEC Fine Will Be Much Lower
Attorney John Deaton, representing XRP holders, has recently presented a compelling argument regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange
Genesis Seeks Court Nod to Cut 3AC Claim to $33M
Genesis, the crypto lender facing bankruptcy, has made a decisive move to streamline its Chapter 11 reorganization. The firm has sought court approval to significantly
Global Coalition Of 50 Nations Vows Rapid Adoption Of Crypto Reporting Framework
In an unprecedented move, nearly 50 nations, including major economic players and offshore financial hubs, have united in a joint pledge to swiftly implement the
Bitwise Founders Arrested for $100M Investor Fraud
The tech community in Fresno has been rocked by the stunning revelation that Bitwise Industries co-founders Irma Olguin Jr. and Jake Soberal have been arrested.
