Latest news on Regulations
SEC approves, then instantly pauses Bitwise’s ETF conversion
By Sienna Hartley | July 23, 2025
Bitwise ETF Conversion The US Securities and Exchange Commission made a surprising move by approving and promptly halting the conversion of Bitwise’s crypto index fund into an exchange-traded fund. The decision has left the fund in a state of uncertainty while it awaits further review...
XRP Legal Battle with SEC: Settlement Speculation Grows Amid Uncertainty
By Damon Rhodes | July 23, 2025
Legal Uncertainty Looms as Ripple and SEC Navigate Protracted Dispute The ongoing legal battle between Ripple Labs and the U.S...
UK to ban public sector from making ransomware payments
By Sienna Hartley | July 23, 2025
UK government moves to ban ransomware payments The UK has announced plans to prohibit its public sector and operators of critical national infrastructure from making ransomware payments. This decision comes as a way to combat cybercriminals and protect essential services from being disrupted by mali...
Boom in RWA Tokenization Anticipated Following Passage of GENIUS Act
By Sienna Hartley | July 22, 2025
Regulatory Environment Boosts RWA Tokenization Real-world asset (RWA) tokenization is gaining momentum as a significant innovation on Wall Street, with the recent approval of pro-industry legislation, including the US GENIUS Act. Solomon Tesfaye, the chief business officer of Aptos Labs, highlighted...
Microsoft Releases Emergency Patches for SharePoint Software Amid Attacks
By Elliot Graves | July 22, 2025
Microsoft has taken urgent action to protect users of its SharePoint work management software by releasing emergency security patches in response to zero-day vulnerabilities. These vulnerabilities have been exploited in spoofing attacks that have resulted in the theft of sensitive data and passwords...
FBI Ends Investigation of Kraken Co-Founder, Returns Confiscated Devices
By Elliot Graves | July 22, 2025
FBI Investigation Conclusion The US Federal Bureau of Investigation (FBI) has concluded its investigation into Kraken co-founder Jesse Powell and has returned the property that was seized during a search of his home in 2023. According to a report by Fortune on Tuesday, the FBI returned electronic de...
KuCoin Bolsters Global Presence with Strategic Developments in H1 2025
By Elliot Graves | July 22, 2025
Security and Compliance Priorities KuCoin, a prominent cryptocurrency exchange, released its H1 2025 report, highlighting significant advancements in security measures, regulatory alignment, and product innovation. With a user base exceeding 41 million re...
Roman Storm's Mistrial Request Over Testimony of Scam Victim
By Elliot Graves | July 22, 2025
Defence Questions Witness Testimony Tornado Cash co-founder Roman Storm's legal team is considering requesting a mistrial following the testimony of a government witness during his trial. The witness, Hanfeng Lin, was questioned by Storm's defense lawyers, who claimed that her testimony was irreleva...
Crypto ATMs Seized in the UK Amid Growing Scrutiny of Kiosk-Based Exchanges
By Damon Rhodes | July 21, 2025
Illegal Crypto ATMs Seized in London Seven crypto ATMs were seized in southwest London, and two individuals were arrested by authorities on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation, which took place on Thursday, was a joint effort between the UK F...
FTX Seeks Time to Respond as Creditors Fight Freeze on $470M Foreign Claims
By Damon Rhodes | July 21, 2025
FTX estate seeks delay in court The estate of bankrupt cryptocurrency exchange FTX is requesting a delay in a Delaware court as it works through over 90 objections challenging its proposed freeze on repayments in certain “foreign jurisdictions.” According to a court document reviewed by sources, the...