India Takes Action Against Bybit: $1 Million Fine and Website Unblock
Bybit faces substantial penalties and regulatory challenges in India following compliance issues.
Recent in
Bybit faces substantial penalties and regulatory challenges in India following compliance issues.
The acting chair of the CFTC is initiating changes to the agency's approach towards prediction markets, aiming to foster innovation and legal clarity.
The U.S. Commodity Futures Trading Commission's enforcement division is undergoing major changes to enhance its focus on fraud prevention.
Crypto exchange Kraken has successfully acquired a MiFID license, allowing it to offer crypto derivatives in the European market.
The CFTC is investigating Crypto.com and Kalshi for their betting markets related to the Super Bowl, focusing on their compliance with derivatives regulations.
Thailand's Finance Minister proposes a unified licensing framework to streamline the cryptocurrency and securities trading processes.

French authorities are examining Binance over allegations of financial misconduct.
KuCoin, a major cryptocurrency exchange, has agreed to a hefty settlement after pleading guilty to running an unlicensed money business in the U.S.
Ripple's CEO, Brad Garlinghouse, urges the US to adopt a more inclusive approach to its cryptocurrency reserves, considering various digital assets beyond Bitcoin.
The SEC has achieved a significant milestone in its legal proceedings against Kraken, following a federal judge's decision in California dismissing a vital defense from the cryptocurrency exchange.
This week in crypto news: South Africa's Governor critiques Bitcoin as an asset, Kenya pushes for regulatory clarity on crypto.
The U.S. SEC has retracted its previously contentious crypto accounting guideline, SAB 121, marking a potential turning point for the crypto sector under Trump's administration.

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