Before filing its lawsuit against Coinbase for failing to register as a broker, the US Securities and Exchange Commission (SEC) reportedly asked the crypto exchange to delist all cryptocurrencies other than Bitcoin (BTC).
Tether, the stablecoin issuer, has recently become the 11th largest Bitcoin holder globally.
The Nigerian Securities and Exchange Commission (SEC) issued a notice on July 28, declaring that the activities of crypto exchange Binance are illegal in the country and ordering all crypto platform providers to cease soliciting investors from Nigeria.
Despite the Hong Kong government making efforts to establish the territory as a crypto hub, local crypto companies are having difficulty in securing corporate bank accounts.
Australia’s financial regulator has taken legal action against eToro.
Binance has achieved another step in its efforts to reinforce regulatory ties with the United Arab Emirates.
The IRS has recently released a draft supplement to their rules which requires that any rewards gained from staking coins in Proof-of-Stake networks be counted as taxable income.
