Cryptocurrency exchange Bybit said on Feb. 6 that it has successfully registered with the Indian Financial Intelligence Unit, underscoring its commitment to regulatory compliance in India. The exchange said it has resolved prior regulatory matters and paid a monetary fine, demonstrating its dedication to transparency and high standards. The announcement came hours after the Indian […]
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block any further extension of European Union sanctions against Russia if […]
The SEC’s “un-American” crackdown on crypto is driving innovation overseas, a U.S. senator warned, backing Coinbase in a pivotal legal battle over digital assets. US Senator Calls SEC’s Crypto Approach ‘un-American’ U.S. Senator Cynthia Lummis of Wyoming is taking the fight for crypto regulation to the courts, formally backing crypto exchange Coinbase in its legal […]
Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aimed at overturning […]
Soneium, Sony’s Ethereum Layer 2 platform, attempted to block meme coins as part of its official policy to curb unauthorized intellectual property usage. Nonetheless, users found a way to circumvent these measures, demonstrating the strength of decentralized platforms. Meme Coin Blocking Attempts on Soneium Get Foiled by Crypto-Savvy Users Soneium, Sony Group’s Ethereum L2 platform, […]