Key Takeaways Vladimir Smerkis, a former Binance regional executive and co-founder of crypto tap-to-earn app Blum, has been formally detained by Russian authorities on suspicion of large-scale fraud, according to a ruling issued by the Zamoskvoretsky District Court. As per…
Key Takeaways The UK government has announced stringent crypto regulations that would require a user’s full name, home address and tax identification number to be reported for every crypto transaction they make. The move will enforced starting Jnauary 1, 2026,…
Key Takeaways A man from Wellington, New Zealand has been arrested by the FBI for his alleged involvement in $260 million crypto theft. According to the authorities, the scam led to the theft of $450 million New Zealand dollars, between…
Key Takeaways Bankrupt crypto exchange FTX is set to distribute over $5 billion in repayments to its creditors on May 30. The announcement came via a notice from the FTX Recovery Trust on May 15, signaling a critical milestone in…
Key Takeaways Summer Mersinger, one of the four commissioners at the U.S. Commodity Futures Trading Commission(CFTC), announced her resignation on Wednesday. She will be donning the role of a CEO Blockchain Association in her next stint. As per her statement,…
Key Takeaways The Democratic Party of Korea formed a new committee called the Digital Asset Committee, which is tasked with addressing regulatory challenges and supporting the growth of the crypto sector in South Korea. The committee held its inaugural meeting at…
Key Takeaways Leading crypto custody firm, BitGo has received regulatory approval from Germany’s Federal Financial Supervisory Authority (BaFin) to operate under the Markets in Crypto-Assets Regulation (MiCA) framework across EU. This license permits the Frankfurt-based firm to deliver digital asset…
Key Takeaways Backpack Exchange has begun processing withdrawals for users of the now-defunct FTX EU. The platform confirmed that eligible customers may begin reclaiming their funds starting May 12, 2025. This follows Backpack’s acquisition of FTX EU in January 2025…
Key Takeaways Bitcoin SV (BSV) investors are attempting to revive a major legal claim against Binance, arguing in the UK Court of Appeal that the exchange’s 2019 decision to delist BSV led to lasting financial harm and suppressed the token’s…
Key Takeaways Crypto exchange Gemini has obtained a Markets in Financial Instruments Directive (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing the firm to offer regulated crypto derivatives which includes perpetual futures, to retail and institutional users…
