South Africa Introduces Licensing Regime for Cryptocurrency Companies
The South African Financial Sector Supervisory Authority (FSCA) has introduced a new licensing regime that requires cryptocurrency companies to be licensed to operate in the country within six months, starting June 1. The agency said the requirement is intended not only to ...
Coinbase files lawsuit against SEC demanding clear regulations for cryptocurrencies
Coinbase, a cryptocurrency exchange, has taken legal action against the US Securities and Exchange Commission (SEC) after failing to receive a response to a petition it submitted in July 2022. The petition requested that the SEC adopt clear rules and regulations for the cryptocurrency industry in ...
SBI Crypto Files Lawsuit Against Whinstone US Data Center Over Alleged Misconduct
SBI Crypto, a subsidiary of Japanese corporation SBI Holdings, has taken legal action against Whinstone US data center in the District Court of Texas. The mining company has alleged that Whinstone withheld crucial information from its customers, drew up unreasonable contracts, failed to comply wi ...