We give the Best Educational and Informative Contents on Finance, Forex Trading, blockchain, Web3, and the Metaverse
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission are pursuing a formal memorandum of understanding to combine their regulatory efforts on cryptocurrency, SEC Chairman Paul Atkins announced Tuesday. Atkins said the new MOU will establish combined meetings with regulated firms on product applications, rule interpretations, enforcement decisions and examinations. The framework…
Australia’s Federal Court has ordered financial services company BPS Financial Pty Ltd to pay 14 million Australian dollars ($9.3 million) in penalties for operating an unlicensed financial services business and making misleading claims about its Qoin Wallet product. The ruling follows years of legal action brought by the Australian Securities and Investments Commission (ASIC), the…
The Senate Agriculture Committee announced Tuesday that it will publish its crypto market structure bill on Jan. 21 and hold a markup hearing on Jan. 27 at 3:00 p.m. The hearing was originally scheduled for Jan. 15 but was postponed on Monday. The markup hearing will represent a critical step in advancing cryptocurrency legislation. During…
Britain’s National Crime Agency has arrested 128 suspected money launderers and seized $32.6 million in cash and crypto through Operation Destabilise, an ongoing crackdown on Russian sanctions evasion networks operating across UK cities. The latest figures represent a jump from 84 arrests and $25.5 million in seizures reported last December, with an additional 45 suspects…
Nigeria’s Securities and Exchange Commission (SEC) has made a key decision in the country’s cryptocurrency sector. For the first time, the SEC has issued a provisional license to Quidax, an African-founded cryptocurrency exchange. This license officially recognizes Quidax as a registered crypto exchange in Nigeria. This development is an important step for Nigeria’s cryptocurrency industry, which…
