Bithumb Fined $25M for AML Violations
South Korean regulators fined @Bithumb $25M and imposed a six-month partial business suspension for anti-money-laundering violations. #Breaking #Legal
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Crypto Regulation Framework Approved by Australian Senate
An Australian Senate committee has endorsed the Corporations Amendment (Digital Assets Framework) Bill 2025 to regulate cryptocurrency platforms, requiring firms to comply with existing financial services rules. #Update #Crypto $BTC
SEC and CFTC Unite to Regulate Crypto
@SECGov and @CFTCgov have signed a memorandum to collaborate on crypto regulation, signaling an end to their turf war. This joint effort aims to clarify digital asset definitions. #Update #Crypto $BTC
Prediction Markets Surge After CFTC Guidance
U.S. regulators tighten oversight on prediction markets as CFTC urges exchanges to enhance surveillance and comply with federal rules. #Update #Legal
US Treasury Bans $800M North Korean Fraud
The U.S. Treasury sanctioned six individuals and two entities linked to a North Korean scheme that funneled $800M to weapons programs via fraudulent IT workers. #Breaking #Legal @USTreasury
Crypto Sanctions: Treasury Hits DPRK $800M Fraud
The US Treasury sanctioned six individuals and two entities linked to DPRK IT-worker schemes generating $800M via crypto, funding weapons programs. #Breaking #Legal @USTreasury
CFTC Tightens Grip on Prediction Markets
The CFTC issued guidance and seeks public input on event-contract markets, asserting jurisdiction amid state challenges over sports prediction markets. #Update #Legal
SEC CFTC Align US Crypto Rules
U.S. regulators announce a joint framework by SEC and CFTC to modernize oversight, reduce conflicts, and clarify rules for emerging markets like crypto assets. #Update #Legal
Bitcoin: Ghana Approves Crypto Licensing Pathway
Ghana’s Securities and Exchange Commission launches a regulatory sandbox under the Virtual Asset Service Providers Act, formalizing a structured licensing pathway for the crypto sector. #Update #Legal
CFTC Issues Advisory as Event Contracts Expand
The CFTC’s Division of Market Oversight issued an advisory on prediction markets, emphasizing regulatory obligations as event contracts expand rapidly, with sports-related contracts highlighted. #Update #Legal
SEC Market Structure Vote Delayed Until April
US Senator Majority Leader John Thune stated that legislation for digital asset market structure is unlikely to progress before April, prioritizing the SAVE America Act first. #Update #Crypto
Bitcoin Ponzi Scheme JPMorgan Faces $328M Lawsuit
A California investor sues @Chase, alleging it enabled a $328M Ponzi scheme by Goliath Ventures. The lawsuit claims Chase ignored red flags in transaction monitoring.
SEC-CFTC Harmonization Boosts Crypto Regulation
The US SEC and CFTC signed a memorandum of understanding for joint crypto oversight, aiming to harmonize regulations and enhance market integrity, fostering lawful innovation in the crypto sector. #Update #Crypto
SEC CFTC Coordinate Crypto Rules Pact
The SEC and CFTC signed a memorandum to coordinate oversight of financial markets and digital assets, aiming to harmonize regulatory frameworks and reduce compliance friction. #Update #Legal