In a significant development for the cryptocurrency industry, Binance, the world’s largest cryptocurrency exchange, and its competitor KuCoin have secured approval from India’s anti-money laundering unit. This decision comes months after both exchanges were banned for purported illegal operations. The registration…

The Biden administration has taken a firm stance against overturning the SEC’s Staff Accounting Bulletin 121 (SAB 121), a move that has sparked controversy within the financial sector, particularly regarding its impact on crypto-related activities. In a statement issued on May…

Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, Binance, has been sentenced to four months in prison on Tuesday after admitting to money laundering charges. The sentence was handed down in a US federal court in Seattle,…

In the lead-up to the Federal Reserve’s interest-rate decision today, Bitcoin and other cryptocurrencies experienced a significant downturn. Bitcoin, the world’s largest cryptocurrency, hovered around $57,000 during Wednesday’s European morning trading session, marking its lowest point since February’s end and registering its…

Hong Kong has stepped into the spotlight as the first Asian market to introduce retail investors to the trading of cryptocurrencies at spot prices, with the launch of six spot bitcoin and ether exchange traded funds (ETFs) on…

The European Council has adopted a trio of legislative measures aimed at overhauling the economic and fiscal governance structure of the European Union (EU). The primary objective of these reforms is to ensure the stability and sustainability of public finances…