Global #regulatory scrutiny

Australia is moving to tighten its grip on the cryptocurrency industry with the introduction of stricter Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) rules.

In a significant development for the blockchain community, Solana has announced its integration with World ID, expanding the verification system’s reach beyond its previous sole platform, Ethereum.

A recent report by Consumers’ Research has intensified scrutiny on Tether, a prominent stablecoin, for its perceived lack of transparency regarding its U.S. dollar reserves.

The price of XRP, the cryptocurrency associated with Ripple Labs, has encountered several challenges in recent months, leading to significant market uncertainty.

Binance, the world’s largest cryptocurrency exchange, is significantly ramping up its compliance efforts in response to mounting regulatory scrutiny.

The U.S. Securities and Exchange Commission (SEC) has intensified its crackdown on cryptocurrency fraud with a recent complaint against NovaTech, a company operated by Cynthia and Eddy Petion.