Regulation

DNC lawmakers push for pro-crypto stance in 2024 election

A recent lette­r written by a group of Democratic officials has urged the­ Democratic National Committee (DNC) to re­consider its…

Australia blocks crypto payments, citing scam concerns

HSBC Australia has announced a ban on payments to crypto exchanges, effective July 24, 2024. The bank claims this move…

Hex Trust secures MPI license to offer crypto services in Singapore

The leading virtual assets custody service provider, Hex Trust, has secured a Major Payment Institution (MPI) license from the Monetary…

Tornado Cash Defies Sanctions with 50% Surge in Deposits

Banned crypto mixer Tornado Cash has seen a surprising 50% increase in deposit volume during the first half of 2024…

Crypto exchange OKX exits Nigeria, citing regulatory changes

Crypto exchange OKX is halting all services for Nigerian customers, as revealed in an email sent to clients. The decision…

Hong Kong unveils stablecoin sandbox, tightens regulatory grip

Hong Kong is taking a decisive step toward re­gulating stablecoin by implementing a sandbox program and e­stablishing strict requirements for…