Binance.US and CEO Changpeng Zhao are exploring strategies to reduce his majority stake in the company to ease tension between Binance and U.S. regulators and continue operations in the region.

The Central Bank of Russian Federation has been developing the country's first central bank digital currency – the Digital Ruble for several years. There have been announcements by authorities that it might be launched soon.

The U.S. may impose additional tax on cryptocurrency mining (cryptomining) operations. According to the White House, the tax is intended to offset the expenses that cryptomining operations place on society.

Crypto assets are a new and complicated category for accountants. Clear accounting and reporting guidelines are one of the signs of a mature industry. Currently, it is difficult to call US GAAP and IFRS guidance on crypto-assets comprehensive, but the work is ongoing.

Coinbase publicly responded to the SEC’s Wells notice and now is trying to force the regulatory agency to respond to a petition for rulemaking that the company filed last summer aiming to get proper regulation rules for digital assets.

Hydrogen Technologies and its former CEO have been found guilty of market manipulation in a case brought by the SEC. The court ordered Hydrogen Corporation to pay damages of approximately $2.8 million.

India is one of the biggest cryptocurrency markets in the world. However, the authorities' wait-and-watch approach to crypto regulation risks leaving the country behind as other countries tap into the sector's potential.

The protracted legal dispute between Ripple, a California-based tech company, and the U.S. SEC has lasted for more than 28 months, prompting widespread speculation regarding the date of the final ruling. Ripple supporters suggest that the verdict may be announced by the end of April.