Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. Circle receives a digital token licence […]
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t have to appear in person. According to the court document, Zhao’s address has been given […]
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase, one of the leading crypto exchanges in the world. This […]
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao (CZ), the CEO of the cryptocurrency exchange. SEC sues Binance and CZ The United States […]
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until 31 July and thereafter they will only be able to withdraw funds. Any open positions […]
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow transactions for TRUST-compatible cryptocurrencies, which include Bitcoin, Ethereum and some ERC-20 tokens. Crypto transfers in […]
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking to establish a framework to support cryptocurrency exchanges and digital assets in cross-border transactions. The […]
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the new platform will involve users undergoing fresh KYC as from August 1, 2023. Binanace acquired […]
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of gamblers gambling at casino sites not on GamStop in the UK are using crypto. Besides […]
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously passed by lawmakers and ratified on Thursday, 25 May. Strict rules around crypto holdings for […]
© Copyright 2025 TheCryptoMagic.com
