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Crypto Regulations
Business and Finance
Russia Drops Plan To Launch National Crypto Exchange
The Russian government has abandoned the plan to launch a national cryptocurrency exchange. The country will instead establish a regulatory regime for crypto trading platforms. Russian...
Bitcoin (BTC)
UK Treasury Committee Wants Unbacked Crypto To Be Regulated Like Gambling
A parliamentary committee in the UK wants unbacked crypto assets to be regulated as gambling rather than financial activity. The Treasury Committee’s latest report compelled...
Business and Finance
SEC Will Continue Using Enforcement Actions As A Substitute For Rulemaking
The U.S. Securities and Exchange Commission has responded to the mandamus petition filed by Coinbase. The regulator has indicated that it will continue initiating enforcement...
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Binance
Binance Set To Leave Canadian Market Due To Unfavorable Regulatory Landscape
Binance has announced that it will wind down its operations in Canada. The crypto exchange cited Canada’s challenging regulatory landscape for the decision to exit. Binance...
Binance
Binance US Seeks To Cut Changpeng Zhao’s Controlling Stake In The Exchange
Binance US and its owner Changpeng Zhao have reportedly been looking for ways to reduce his stake in the exchange. Zhao launched the crypto exchange’s...