Tag Archives: Regulatory Compliance

Introduction: In a significant development for the cryptocurrency industry, the United States Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao. The SEC alleges that Binance failed to restrict US customers from its platform, misled investors regarding market surveillance controls, and operated an unregistered securities exchange. Furthermore, the …

In a recent session of the Senate Standing Committee on Finance and Revenue, Minister of State for Finance and Revenue Aisha Ghaus Pasha made a significant announcement regarding the status of cryptocurrency in Pakistan. According to multiple local media reports, Pasha stated that cryptocurrency services operating in the country will be banned, and crypto trading will never be legalized. This …