U.S. CFTC Fines Uniswap Labs $175,000 for Illegal Digital Asset Derivatives Trading
Key Insights CFTC fines Uniswap Labs $175,000 for offering illegal digital asset derivatives trading. The case highlights regulatory challenges in…
Ripple CEO: Stablecoin Launch Imminent, No U.S. IPO Plans
Key Insights Ripple to launch USD-pegged stablecoin (RLUSD) within weeks, currently in private beta. CEO Brad Garlinghouse rules out U.S.…
Australia’s ASIC Revokes FXOpen AU’s Licence Over Compliance Issues
Key Insights ASIC cancels FXOpen AU’s financial services licence due to inadequate resources and compliance failures. The regulator aims to…
Cyprus Regulator Fines IC Markets (EU) €50,000 for Regulatory Breaches
Key Insights CySEC fines IC Markets (EU) Ltd €50,000 for violating Cyprus’ investment services law. Violations include failure in best…
Qatar Financial Centre Unveils Digital Assets Framework
Key Insights Qatar Financial Centre introduces comprehensive “Digital Assets Framework 2024” Framework covers tokenization, property rights, custody, and smart contracts…
WazirX Hackers Move $6.5 Million in Stolen Crypto to Tornado Cash
Key Insights Hackers move $6.5 million in stolen crypto from WazirX to Tornado Cash mixer WazirX suffered a $230 million…
Web3 Firms on High Alert as FBI Reveals North Korean Hacking Tactic
Key Insights FBI warns of North Korean cybercriminals aggressively targeting web3 industry employees. Hackers use sophisticated social engineering tactics to…
Nigerian SEC Yet to Grant Quidax Crypto License, Exchange Confirms
Key Insights Quidax has applied for a Digital Assets Exchange license from Nigeria’s SEC, but clarifies it has not yet…
Kraken’s Australian Arm Loses Court Battle, Cites Regulatory Ambiguity
Key Insights Australia’s federal court ruled that Bit Trade, Kraken’s local operator, failed to comply with the Corporations Act by…
Trump Endorses Sons’ DeFi Crypto Project, “The DeFiant Ones”
Key Insights Donald Trump has publicly endorsed a DeFi cryptocurrency project led by two of his sons, criticizing big banks…