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India’s Supreme Court Urges Government to Establish Regulatory Clarity for Cryptocurrency Market

As crypto-assets continue to gain global relevance, the need for effective regulatory frameworks becomes increasingly crucial. In a significant development, India’s Supreme Court is actively seeking solutions to address the lack of regulatory clarity in the cryptocurrency industry. The Justices …
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Worldcoin: Examining Biometric Data Collection Tactics Raises Regulatory Concerns

Since its highly anticipated launch, Worldcoin, the brainchild of ChatGPT founder Sam Altman, has garnered significant attention in the cryptocurrency sphere. However, concerns about the legality of its biometric data collection techniques have led European regulators to closely examine the …
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Peru Implements New Decree to Curb Money Laundering Risks in Cryptocurrency Sector

In a bid to tackle concerns surrounding money laundering and terrorist financing associated with cryptocurrencies, the Presidency of Peru has introduced a new decree. This mandate requires all cryptocurrency exchanges operating within the country to comply with anti-money laundering (AML) …
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The SEC Warns Accounting Firms of Hazards in the Crypto Industry

The US Securities and Exchange Commission (SEC) has raised alarm bells in the accounting industry regarding audits conducted in the crypto asset space. In a statement released on July 27, SEC Chief Accountant Paul Munter expressed deep concerns about the …
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New Senate Military Bill Includes Crypto Regulation

The US Senate recently passed a $886 billion Military Spending Bill which includes provisions aimed at addressing the cryptocurrency industry. The 2024 National Defense Authorization Act (NDAA) approved the defense amount for 2024 and recognized the vulnerability of the crypto …
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U.S. House Financial Services Committee Passes “Keep Your Coins Act of 2023” to Protect Crypto Self-Custody

The U.S. House Financial Services Committee recently passed the landmark bill titled the “Keep Your Coins Act of 2023,” advocating for the right to self-custody Bitcoin and other cryptocurrencies. This groundbreaking legislation aims to empower individuals and businesses by ensuring …

