On Friday, August 4, the chief executive of Coinbase, Brian Armstrong, announced that the crypto exchange would not exit the
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Omanis Regulators Seeks Public Comment on Virtual Asset Regulatory Framework
In a recent report, the financial regulators in Oman published the “consultation paper for virtual assets regulatory framework.” The report
Kenya Suspends Worldcoin Project, Cites Data Privacy Concerns
On Tuesday, August 1, the minister of internal security in Kenya, Kithure Kindiki, ordered the suspension of the Worldcoin crypto
Japan Blockchain Association Demands Amendment of Crypto Tax Regulation
An advanced publication issued by the Japan Blockchain Association (JBA) on July 28 revealed that the crypto lawyers in the
South Korea Conducting CBDC Pilot Test Outside its Capital City
The Bank of Korea announced on July 31 plans to conduct a central bank digital currency (CBDC) in three towns.
US Banking Advocacy Group Supports Senator Warren’s Anti-Money Laundering Bill
In a recent report, the US banking advocacy group led by the Bank Policy Institute (BPI) supported a crypto bill
US Lawmakers Criticizes Apple’s App Store Policies for Hindering Innovation
A recent update revealed that the famous United States Representatives Gus Bilirakis and Jan Schakowsky drafted a letter to Apple
SEC Alerts Accountants on Legal Liabilities Involving Crypto Audits
On July 27, the chief accountant at the United States Securities and Exchange Commission (SEC), Paul Munter, issued a report
Hester Pierce Slams on SEC for Warning Accountants on Crypto Audit Risks
In a recent update, a commissioner at the United States Securities and Exchange (SEC), Hester Pierce, criticized a report by
Hong Kong Join Forces with Saudi Arabia to Promote Financial Innovation
On July 26, the Hong Kong Monetary Authority (HKMA) signed a memorandum of understanding with the Saudi Central Bank (SAMA)