New York, April 2025: A proposed federal law designed to bring regulatory clarity to stablecoins is facing intense scrutiny and backlash from state law enforcement. The stablecoin law, formally known as the Generative Economic Nexus for Internet Usability and Stability (GENIUS) Act, is under fire for what the New York Attorney General’s office describes as […]
Sydney, Australia, April 2025: The Australian Federal Court has delivered a landmark ruling, imposing a staggering 14 million Australian dollar ($9.9 million) fine on BPS Financial Pty Ltd, the operator behind the Qoin cryptocurrency wallet. This decisive penalty stems from findings of systemic false advertising and misleading conduct, marking one of the most significant enforcement […]
Sydney, Australia – May 2025: The Australian Securities and Investments Commission (ASIC) has issued a stark warning, identifying significant crypto regulatory gaps as a paramount risk to financial stability and consumer protection for the year 2026. This formal declaration marks a pivotal moment in Australia’s approach to overseeing the rapidly converging sectors of cryptocurrency, digital […]
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