KuCoin faces legal issues with Southern District of New York prosecutors (SDNY) as well as the Commodity Futures Trading Commission after being accused of conducting an unregulated agency that transferred money and failing to fulfill the anti-money laundering (AML) requirements under section 21 of the Bank Secrecy Act, Cryptopolitan reported earlier.

https://www.cryptopolitan.com/kucoin-stability-safety-us-indictment/

In a bold move reflecting Hong Kong's evolving stance on cryptocurrencies, Inkeverse, a leading live-streaming and broadcasting firm, has announced a hefty $100 million investment plan into the crypto sphere. Notably, this decision comes amid the backdrop of anticipated regulatory shifts in the region, signaling a potentially transformative phase for Hong Kong's financial landscape.

https://coingape.com/hong-kong-inkeverse-plans-100m-investment-increase-crypto-holdings/

Bybit, a popular crypto exchange, has faced a major setback in the Indian market. On Friday, March 22, the Bybit app was removed from the Apple iOS App Store amid escalating regulatory concerns in the country's Web3 domain.

https://coingape.com/bybit-app-disappears-from-apple-app-store-in-india/

A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.

https://www.coindesk.com/policy/2024/03/21/north-korean-crypto-hackers-have-stolen-3b-since-2017-says-un-security-council-report/

The Financial Conduct Authority (FCA) in the United Kingdom is gearing up to strengthen its oversight of the cryptocurrency sector in the next 12 months, with a focus on detecting and addressing market abuse.

https://www.cryptopolitan.com/united-kingdom-measures-crypto-market-abuse/

The Crypto Council for Innovation, Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex and the U.S. Chamber of Commerce all called on the SEC to establish guidelines.

https://cointelegraph.com/news/crypto-advocacy-groups-amicus-briefs-sec-rules

Binance spun off its $10 billion venture capital arm, Binance Labs, into an independent entity that will no longer be under the group's purview months ago.

https://cryptoslate.com/binance-labs-spun-off-into-independent-entity-outside-the-binance-group-umbrella/

Terra (LUNA) and its successor, Terra Classic (LUNC). Once hailed as a groundbreaking project that sought to blend the worlds of fiat and decentralized finance (DeFi) through its stablecoins and native tokens, Terra's ecosystem faced an unprecedented collapse in May 2022, shaking the very foundations of the crypto community.

https://thecurrencyanalytics.com/altcoins/the-phoenix-rising-from-ashes-terras-tale-of-turbulence-and-the-unyielding-spirit-of-its-community-102051

The 2024 cryptocurrency market is witnessing an unprecedented surge, particularly in the AI-based. Leading the charge, Golem (GLM), Akash Network (AKT), and Ocean Protocol (OCEAN) are making headlines.

https://coingape.com/markets/3-heavily-discounted-ai-based-altcoins-to-boost-any-2024-crypto-portfolio/

In a swift response to mounting regulatory pressure from Nigerian authorities, Binance, one of the world's largest cryptocurrency exchanges, has made a bold move to halt its services denominated in the Nigerian Naira (NGN). This decision, rocking Africa's burgeoning crypto landscape, comes amid allegations of manipulation and demands for hefty compensation from the Nigerian government.

https://thecurrencyanalytics.com/altcoins/binance-shuts-nigerian-naira-services-amid-regulatory-storm-whats-next-for-africas-crypto-landscape-101160

In a thought-provoking address at the ETHDenver Web3 hackathon, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce expressed her concerns over the regulatory body's handling of the cryptocurrency industry.

https://bitcoinist.com/sec-commissioner-crypto-regulation-enforcement/

The partnership will enable Magic Eden users to “flex the lore and legacy” of their avatars and digital assets through Other Page.

https://decrypt.co/219028/other-page-brings-forever-profiles-to-nft-marketplace-magic-eden

Users can be trusted to make the right decision for themselves, meaning developers and founders' primary focus should be building products that solve problems, Stellar Development Foundation's Tori Samples writes.

https://www.coindesk.com/consensus-magazine/2024/02/26/the-blockchain-industry-must-build-for-the-real-needs-of-real-people/

CBDC, a coalition of Senate Republicans spearheaded by the formidable Sen. Ted Cruz, has embarked on a concerted campaign aimed at reining in the expansive powers of the Federal Reserve in its prospective launch of a Central Bank Digital Currency.

https://www.cryptopolitan.com/cbdc-encounters-gop-senatorial-resistance/

As a part of a plea deal, crypto exchange Binance's (BNB-USD) $4.3 billion payment has been approved by a judge — making it one of the largest criminal penalties in US history — according to Bloomberg reporting. In addition, Binance will have a court-appointed monitor for up to 5 years.

https://www.youtube.com/watch?v=BVJQT9yjI7w