The world’s largest social media application by daily usage, Facebook, faces regulatory scrutiny in Thailand over crypto scam concerns. A
Category: Regulator Warnings
Coinbase CEO Abandons Plans to Exit US Despite SEC Regulatory Pressure
On Friday, August 4, the chief executive of Coinbase, Brian Armstrong, announced that the crypto exchange would not exit the
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
South Korea Launches Interagency Investigation Unit and Adopts LEI to Tackle Crypto Crimes
On Wednesday, July 26, the South Korean authority rolled out an interagency investigation department. The newly launched regulatory body will
Marathon Digital Top Executives Sued for Breaching Fiduciary Duties
Marathon Digital has been accused by its key shareholders of violating fiduciary duties to enrich the top executives. In a
Binance Set to Reduce Employees As Regulatory Pressure Escalate
A recent update by Binance revealed that thousands of employees will leave the firm as regulatory pressure on the crypto
IRS Probing Crypto Traders and Fund Manager Taking Advantage of Puerto Rico Tax Breaks
In an advanced announcement, the US revenue regulators Internal Revenue Service (IRS) announced plans to deploy undercover agents to probe
UK Financial Watchdog Shuts Down 26 ATMs to Address Illegal Crypto Activity
In a well-coordinated regulatory action, the Financial Conduct Authority (FCA) collaborated with other enforcement units to combat money laundering and
Do Kwon Blames Chinese Agencies for Issuing Forged Travel Documents
In a recent court hearing held in Montenegro Basic Court, the founder of payment company Terraform Labs, Do Kwon, blamed
Hong Kong Regulators Unveils New Rules on Crypto and Stablecoins
On June 1, the Hong Kong regulators issued a Virtual Asset Trading Platform (VATP) handbook. The handbook outlined rules to