Binance Nigeria Ordered to Cease Operations by Securities Watchdog
Crypto exchange Binance's Nigerian unit ordered to halt illegal operations by local Securities and Exchange Commission.
Category: Compliance
Stay on top of the latest regulatory developments and compliance requirements in the cryptocurrency industry. Our team of experts provides in-depth analysis and insights on the most pressing compliance issues facing cryptocurrency businesses and investors, helping you understand your obligations and navigate the complex world of crypto regulations. Whether you’re a business owner or an individual investor, our team has you covered with the latest news, analysis, and guidance on compliance in the crypto space. Stay informed and stay compliant with our comprehensive coverage of the crypto compliance landscape.
EU Makes Customer Identification Mandatory for Crypto Wallet Providers
EU's landmark crypto law, MiCA, is finally published in the Official Journal of the European Union, bringing in new licensing rules and financial requirements for stablecoin issuers.
UK Bans Free Promotional NFTs and Crypto Airdrops – Are Your Investments at Risk?
UK to Ban Promotional NFTs and Crypto Airdrops for Investing in Digital Assets, says Regulator
The Case for Regulators to Embrace DeFi: Exploring Blockchain’s Financial Revolution
Why DeFi must understand, not police, regulators - learn why in CoinDesk's Consensus @ Consensus Report.
UK FCA Implements Tough Rules on Crypto Advertising
UK FCA proposes tough new rules for crypto advertising, including bans on incentives to invest and clear risk warnings. Crypto ownership in the UK doubled in 2022, making it essential to ensure firms provide fair and clear financial promotions.
SEC Chair’s Offer to Advise Binance Raises Conflict of Interest Concerns
SEC Chair Gary Gensler offered to be an informal advisor to Binance, according to lawyers for the exchange, leading to calls for his recusal from the case.
Billion Dollar Scandal: Binance Redirected $12B to CEO’s Controlled Firms, SEC Alleges
Binance CEO, Changpeng Zhao, redirected $12 billion to firms he controlled, according to the SEC, in a new court document.
Australia’s Commonwealth Bank Restricts Crypto Payments
Australian bank restricts payments to crypto exchanges to protect customers from scams.
U.S. Senators Demand DOJ Investigation into Binance’s Alleged Lies
U.S. Senators demand DOJ investigate Binance for potentially lying to lawmakers about its business practices, according to Bloomberg.
Unlocking the Full Potential of Web3: The Surprising Role of Identity Verification
How can identity verification on blockchain benefit institutional adoption of Web3 opportunities? Find out in this insightful article!
Lawmakers Push IRS and Treasury for Crypto Tax Rule Enforcement
Lawmakers call on IRS and Treasury to speed up release of crypto tax rules to bring industry into compliance.
Binance.US Accused of Making Millions in Profits – Court Documents Expose Investigation
SEC investigation reveals hundreds of millions in profiteering by Binance.US - court filings show probe started in 2020.
