Web Desk

U.S. Treasury Lifts Sanctions on Tornado Cash, Reinstating Legal Use

The U.S. Department of the Treasury has lifted sanctions against Tornado Cash, a decentralized cryptocurrency mixer, effectively legalizing its use for American citizens. The decision reverses the August 2022 ban imposed by the Office of Foreign Assets Control (OFAC), which accused the platform of facilitating illicit financial activities, including transactions linked to North Korea’s Lazarus…

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Australia Proposes Stricter Licensing for Crypto Exchanges and Stablecoin Issuers

Crypto exchanges and stablecoin issuers in Australia may soon face tighter regulations under a newly proposed licensing framework. The Australian Treasury released a policy paper on March 20 outlining plans to bring key parts of the digital asset industry under existing financial services laws. The proposal aims to improve market integrity, protect consumers, and foster…

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Binance Introduces ‘Vote to Delist’ Feature, Giving Users a Say in Token Removals

Binance has launched a new feature allowing its community to help decide which tokens should be removed from its platform. The “Vote to Delist” initiative, introduced on March 21, 2025, lets verified Binance users vote on cryptocurrencies currently in the exchange’s monitoring zone. The monitoring zone includes tokens flagged for potential removal due to factors…

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SEC Issues New Guidance, Confirms Proof-of-Work Mining is Not a Securities Transaction

The U.S. Securities and Exchange Commission (SEC) has officially clarified its stance on Proof-of-Work (PoW) mining, confirming that crypto mining does not constitute a securities transaction under federal law. This announcement brings regulatory clarity to the mining industry, addressing longstanding concerns about whether miners need to comply with securities laws. The SEC’s Division of Corporate…

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North Korea’s Lazarus Group Moves Millions in Bitcoin Amid Fresh Crypto Laundering Concerns

North Korea’s state-sponsored hacking group, Lazarus, has once again come under scrutiny after moving over $3.76 million worth of Bitcoin across multiple wallets. The mass transfers, detected on March 20, have sparked concerns that the group is attempting to launder stolen funds following its $1.4 billion hack of crypto exchange Bybit. The transactions highlight Lazarus…

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Pakistan Moves Toward Crypto Legalization to Attract Foreign Investment

Pakistan is taking steps to legalize cryptocurrency, aiming to boost foreign investment, according to Bilal bin Saqib, the newly appointed CEO of the Pakistan Crypto Council. Regulatory Shift in Pakistan Pakistan has historically maintained a restrictive stance on digital assets, with its central bank discouraging crypto trading and the government blocking exchanges like Binance in…

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