Local authorities ruled that data collection was breaking the law and demanded that the company stop collecting iris and facial images. While Worldcoin continues to grow its database, the company faces legal challenges worldwide.

While the crypto sector will rightly argue this is a move in the right direction, there are no guarantees that FIT21 will ever be enshrined into law.

A new bill prohibiting the organization of the circulation of cryptocurrencies in Russia might pass already this Summer.

As founders of crypto mixing services continue being prosecuted by the U.S. Department of Justice, Congressmen are now pushing for a temporary ban on such services.

Crypto traders' accounts are blocked, local FinTech companies are barred from onboarding new users, and Binance executives await a new trial.

Changpeng Zhao's fate has become weirdly entwined with the number "4", which he used to silence his critics.

After pleading guilty to money laundering last November, former Binance CEO and founder is heading to prison. Thanks to cooperation with authorities and an exceptionally good profile built by the defense, the sentence, however, is much lighter than requested by prosecutors.

Founders of another privacy-focused crypto tool face charges for allegedly facilitating $2 billion in illegal transactions, including over $100 million in criminal proceeds. Evidence suggests Samourai Wallet developers knew their service was used for illicit purposes.