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U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving a crypto asset trading platform, it announced on Monday.

U.S. SEC Settles with Abra Over Unregistered Sales of Securities

Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been…

India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor

India's central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC.

Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report

Hong Kong's Securities and Futures Commission (SFC) has found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people…

Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump

Robert Kennedy Jr. has suspended his independent pursuit of the U.S. presidency and encouraged his supporters to instead back former President Donald Trump in battleground states, putting the weight of the Kennedy name behind the GOP candidate.