Regulatory Scrutiny Archives

Samourai Wallet Founders Charged: Privacy, Regulation, and Cryptocurrency

Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill are arrested and charged with conspiracy to commit money laundering. The indictment alleges that...

News May 6, 2024

Upbit Exchange Pioneering Crypto Adoption in South Korea

Upbit Exchange has swiftly risen to prominence, challenging industry giants like Binance and Coinbase with over 80% of South Korea's crypto trading volumes. ...

News May 6, 2024

KuCoin plans $10M airdrop of BTC, KCS as Justice Dept., CFTC circle

KuCoinh announced a significant $10 million airdrop of Bitcoin and KuCoin Shares (KCS) as a token of appreciation for its users. The regulatory...

News April 19, 2024

Nigeria’s FIRS Accuses Binance of Tax Evasion: The Unfolding Legal Battle

The FIRS has accused Binance of a litany of offences, including failure to pay Value-Added Tax (VAT) and Company Income Tax. The situation...

Editorial April 1, 2024

Circle’s Regulatory Move: USDC Withdrawal from Tron Blockchain

Circle has announced its decision to cease support for its USDC token on the Tron blockchain network. USDC stablecoin is the seventh-largest crypto...

News February 28, 2024

Coscoin Crypto Scam Unveiled: Authorities Investigate Alleged Ponzi Scheme

The DFI received several complaints regarding Coscoin, a well-known crypto app for integrating AI and Web3. In September 2023, Coscoin surpassed 500,000 in...

News January 17, 2024

Crypto Landscape Rattled: Binance CEO CZ’s Shocking Plea Deal

Binance founder Changpeng "CZ" Zhao has stepped down as CEO amidst a reported $4.3 billion settlement with the U.S. Department of Justice (DOJ). ...

News November 25, 2023

Tag: Regulatory Scrutiny