This is the premier source for all things related to the regulation of cryptocurrencies. This section provides up-to-date information and analysis on the latest regulatory developments from around the world. Whether it’s government crackdowns, new legislation, or court cases, we’ve got you covered.

We strive to make complex regulatory matters accessible to everyone, whether you’re an experienced trader or just getting started in the crypto world. Our articles and analysis aim to help our readers stay informed and make informed decisions.

SEC Urges Banks

SEC Issues Subpoena to Robinhood Over Crypto Trading

The commission-free trading website Robinhood, which lets users exchange stocks, options, and cryptocurrencies, has received a subpoena from the Securities and Exchange Commission (SEC) of the United States. The demand relates to the business’s cryptocurrency trading operations.

With millions of users purchasing and selling cryptocurrencies on the app, Robinhood has been at the forefront of the cryptocurrency trading revolution. The business has previously come under fire for its lack of regulation compliance and transparency in the cryptocurrency industry.

The SEC’s action is a part of a larger campaign against activities connected to cryptocurrencies. Initial coin offerings (ICOs) and cryptocurrency exchanges are just two examples of the businesses the agency has been actively pursuing that provide services and products connected to cryptocurrencies.


IMF Opposes Crypto as Legal Tender

“Recently, the International Monetary Fund (IMF) took yet another action to undermine the cryptocurrency market. The group opposed the use of cryptocurrencies as legal tender in a statement made public on Wednesday.

Allowing cryptocurrencies to become legal tender would put financial stability, consumer protection, and the integrity of the financial system at serious risk, according to the IMF, a global organisation of 190 nations that works to advance international monetary cooperation and financial stability.”


Sam Bankman-Fried Charged With Conspiracy To Make Unlawful Political Contributions

“Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has been charged with conspiracy to make unlawful political contributions and defraud the Federal Elections Commission (FEC). The charges against Bankman-Fried stem from his alleged involvement in a scheme to illegally funnel money to political candidates through a network of straw donors. According to the indictment, Bankman-Fried conspired with several individuals to make illegal contributions to federal campaigns, in violation of federal election laws.”

CoinEx Crypto

New York Goes After CoinEx Crypto Exchange

New York Attorney General Letitia James said that CoinEx’s “illegal conduct” had put New York investors at risk. “CoinEx’s failure to register with the DFS has left New York investors vulnerable to fraud and other forms of financial abuse,” James said. “We will not tolerate this type of illegal conduct in our state, and we will use every tool at our disposal to hold companies accountable for their actions.”

Jump Crypto

Jump Crypto Identified in SEC Complaint Against LUNA Founder

Jump Crypto, a US trading firm, has been identified as the unnamed entity involved in the Securities and Exchange Commission (SEC) complaint against Do Kwon, the founder of the cryptocurrency project LUNA. The complaint alleged that Kwon engaged in manipulative trading practices and made false and misleading statements to investors. The involvement of Jump Crypto in these activities raises questions about the responsibility of trading firms in ensuring the integrity of the market.

SEC Urges Banks

SEC Urges Banks to Step Back from Crypto Over Protection Issues

The SEC is taking measures to regulate digital assets and is now focusing its attention on banks’ involvement in the crypto market. The agency has contacted several major banks, warning them about the potential risks associated with investing in or providing services to cryptocurrency-related businesses. SEC Chairman Gary Gensler emphasized that the agency is focused on protecting investors and ensuring that the financial system is safe and sound, and is particularly concerned about cryptocurrencies marketed as securities but not registered with the SEC.

SEC and Hedge Funds

SEC Cracks Down on Hedge Funds’ Crypto Investments

The SEC is taking action to regulate the crypto industry, specifically focusing on hedge funds and their potential for insider trading and market manipulation. The agency has issued subpoenas to a number of funds, requesting information about their investments in crypto firms and trading activities related to cryptocurrencies. While some in the industry see this as overly aggressive regulation, others believe it is necessary to protect investors and prevent fraud.

FCA and Yorkshire Police

FCA and West Yorkshire Police disrupt illegal crypto ATMs

The Financial Conduct Authority (FCA) and West Yorkshire Police have joined forces to disrupt a number of illegal cryptocurrency ATMs. The operation is part of the FCA’s wider efforts to regulate the digital currency sector and protect consumers from the risks associated with investing in these assets. The illegal ATMs were located in convenience stores and other retail outlets and were believed to have been used to launder the proceeds of crime.