The UK government has called for action on AI copyright, market competition
The UK government's response to a parliamentary report on artificial intelligence (AI) has prompted calls for closer intervention.In February, a...
Regulation
Crypto exchange to meet Nigerian SEC chief for regulatory talks
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has convened a round table between the new Director General of the...
How to determine the cost basis of crypto for correct tax documents
What is the cost base in crypto?In the context of cryptocurrencies, "cost basis" refers to the initial cost paid for...
US authorities have charged a man linked to a 43 million dollar ‘classic’ Ponzi scheme
US authorities have indicted a man they accused of running a Ponzi scheme that invested in a cryptocurrency trading enterprise....
BTC-e founder pleads guilty in $9 billion fraud conspiracy
Alexander Vinnik, the founder of the Russian illegal crypto exchange, BTC-e, has pleaded guilty to illegal currency exchange. The admission...
CFTC Commissioner Wants to Create AI Fraud Task Force
United States Commodity Futures Trading Commission Commissioner Christine Johnson recently presented three proposals to regulate artificial intelligence (AI) technologies as...
An Australian court ruled in 4 cases against Qoin issuer BPS Financial
The Australian Securities and Investments Commission (ASIC) has won a court case against BPS Financial. The organization committed fraudulent activities...
Losses Due To Crypto Hacks Fall 67%, Bitcoin DeFi Interest Increases: Finance Redefined
Welcome to Finance Redefined, your weekly volume of decentralized finance (DeFi) insights – a newsletter designed to bring you the...
SEC Classifies Ether as a Security, Bans Spot Ether ETFs – Michael Saylor
MicroStrategy Executive Chairman Michael Saylor has speculated that the United States Securities and Exchange Commission (SEC) will ban the listing...
Nigeria’s BICCoN crypto exchange calls for round table with SEC boss amid brutality
Recently, crypto exchanges like Binance have come under heavy scrutiny in Nigeria as the BICCoN-led initiative shows its determination to...
Report: 30% of UK Watchdog’s Financial Crime Experts Focus on Crypto Businesses by 2022-23
According to a report by the Financial Conduct Authority, which oversees the financial services industry in the UK, 30% of...
Former FTX ex Ryan Salame to sell $5.9M Bahamas property
Ryan Salame, the former CEO of FTX Digital Markets, has agreed to hand over his multimillion-dollar property in the Bahamas...
Hong Kong Bitcoin ETF Launches in ‘Top 20%’, STRK Scam Suspected: Asia Express
East Asia's weekly news roundup reviews the industry's most important developments. Hong Kong spot bitcoin and ether eff sad. Six...
Terraform claims the SEC did not provide ‘any evidence’ to disburse $4.7B
The United States Securities and Exchange Commission (SEC) was scheduled to hear the remedies against Terraform Labs (TFL) and co-founder...
Nigerian court postpones Binance and execs money laundering trial
The trial of Tigran Gambarian, the Binance executive who has been in prison in Nigeria since February, has reportedly been...
Is the money going away from potential benefits?
Safe Asset Fund for Users (SAFU) - an emergency fund established by crypto exchange Binance to cover user assets -...
India’s enforcement agency cooperates with Binance to crack down on fraudulent app.
The Enforcement Directorate (ED) – India's law enforcement agency – seized 90 crore ($10.5 million) from an online fraud app...
America Investigates Jack Dorsey’s Block, Inc. on Financial Transactions: Report
US federal prosecutors are reportedly investigating Jack Dorsey's fintech firm Block Inc.A former Bloc employee provided prosecutors from the Southern...
The proposed US bill would not allow for the taxation of rewards when purchased.
Two US lawmakers have introduced a bill to clarify how Bitcoin (BTC) and crypto miners are penalized for block rewards.In...
States reaction to Binance.US continues by pulling 6th license.
Oregon has become the sixth state to refuse to revoke, suspend or renew the license of Binance.US following repeated refusals...
Changpeng Zhao turns 4 months, Sam Bankman-Fried turns 25 – why?
Two figures who were once considered titans in the crypto industry are serving separate prison terms in the United States.Since...
Extract papers have been prepared for Binance’s Anjarwalla, says Interpol Nigeria
The International Criminal Police Organization (Interpol) has confirmed that the Nigerian Central Bureau (NCB) has completed the extradition papers for...
