The US SEC accused Kraken of operating as an unregistered exchange, broker, dealer, and clearing agency.
The first Kraken lawsuit occurred around Q3...
Three factors plague the crypto industry, hindering its global adoption; high volatility, scalability, and security.
The US Federal Reserve has launched a new...
The spectacular rise of the cryptocurrency industry has presented a fresh challenge for financial regulators. Some researchers and policymakers have warned the overly aggressive crypto market regulation might clutter the promising new financial asset class. Others have indicated that businesses could flee the jurisdictions whose regulations they consider ‘anti-crypto’ to the less regulated jurisdictions. Moreover, some have suggested that crypto regulatory actions will inspire market activity by offering clarity to participants.
Binance crypto exchange has maintained that Binance.US is a separate entity that functions under a licensing agreement with the parent company.
On January...
Voyager Digital initially had various relations with the third largest crypto exchange owing Sam Bankman at least $75 million.
The company will return about...
Kenya's government has increased its direct tax rate from 25% to 30% to recover the hard-hit economy.
Blockchain application in the financial sector...