Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space. In 2022, United States regulators paid special focus […]
The Federal Reserve Board wants to see banks take time to understand the cryptocurrency space first before diving in. The US Federal Reserve Board has warned banks looking to engage in crypto-related activities or offer […]
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or […]
Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack. On Sept. 1, Kyber Network succumbed to a frontend exploit, allowing the […]
The government of Colombia has revealed that it is planning to launch a digital currency to curb tax evasion and enhance the traceability of citizens’ transactions The plan for the digital currency was revealed through […]
The Federal Bureau of Investigation (FBI) profiled the Onecoin cryptocurrency scam and its co-founder Ruja Ignatova, aka “Crypto Queen,” in a new podcast. Onecoin was one of the world’s biggest crypto scams and Ignatova was […]
Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Aug. 29. The court orders came three weeks after Hodlnaut froze all trading […]
Australia’s crypto mapping exercise seeks to help authorities know about which crypto assets are used in the country. The review is also meant to offer insights into how to better protect investors amid potentially harmful […]
India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform Coinswitch Kuber. The company says its engagement with the ED was not related to any money laundering inquiry. The […]
In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and issued a stark warning over the company’s […]
Copyright ©2025 New Babylon Group of Companies OPC
