[Mar 23, 2023 3:05 PM] Brian Armstrong urged crypto proponents to "contact their congressman, donate to pro-crypto candidates, show up at town halls" in an effort to achieve clear rules for crypto.
[Mar 23, 2023 2:30 PM] 2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces…
[Mar 23, 2023 1:47 PM] The proposed purchase price of the Mysten Labs shares was roughly 95% of the amount FTX Ventures invested as part of a $300-million funding round in September 2022.
[Mar 23, 2023 11:26 AM] By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry.
[Mar 22, 2023 11:47 PM] Flagship cryptocurrency exchange Coinbase has stood the test of time through bear and bull markets alike. Like it or not, Coinbase lives on a short list of exchanges that have been around for over a decade. This week, the exchange revealed that…
[Mar 22, 2023 10:30 PM] U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial…
[Mar 22, 2023 8:30 PM] A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall…
[Mar 22, 2023 5:30 PM] The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the…
[Mar 22, 2023 4:02 PM] The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by United States Securities and Exchange Commission officials.
[Mar 22, 2023 3:10 PM] The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers…
[Mar 22, 2023 2:41 PM] Among the celebrities who settled with the SEC for their alleged role in promoting TRX and BTT were actress Lindsay Lohan, YouTuber Jake Paul, and singer Akon.
[Mar 22, 2023 2:35 PM] Ted Cruz has joined a myriad of politicians in demonstrating their contempt for CBDCs in America — but what about pro-Bitcoin legislation? Texas Governor Ted Cruz has joined a growing group of politicians who have come out in support of anti-CBDC…
[Mar 22, 2023 1:35 PM] Two U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well.
[Mar 22, 2023 11:23 AM] Banking enforcement targeting legal crypto businesses appears to violate the FDIC's mandate. It may also be amplifying financial contagion.
[Mar 22, 2023 6:00 AM] CFTC Commissioner Summer Mersigner discusses the inevitability of innovation and clears up the agency’s role in bitcoin regulation. In light of recent events, many in the Bitcoin community are looking for regulatory clarity now more than ever…
[Mar 21, 2023 3:54 PM] Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”
[Mar 21, 2023 1:35 PM] The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment.
[Mar 21, 2023 12:00 PM] The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the…
[Mar 21, 2023 11:30 AM] The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”
[Mar 21, 2023 11:00 AM] Those wishing to offer feedback to the IRS on having NFTs treated as collectibles, such as coins or works of art, have until June 19 to submit comments.
[Mar 21, 2023 5:30 AM] Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset industry. According to a report, the collapse of crypto exchanges like FTX prompted Taiwanese officials to seek ways…
[Mar 20, 2023 6:10 PM] Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state. “The Biden administration’s efforts to inject a centralized bank digital…
[Mar 20, 2023 10:39 AM] "What the central bank digital currency is all about is surveilling Americans and controlling behavior of Americans," said Ron DeSantis at a 'Big Brother’s Digital Dollar' podium.
[Mar 20, 2023 10:15 AM] The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers".
[Mar 19, 2023 9:30 PM] The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the next two years. “Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector…
[Mar 19, 2023 4:00 AM] The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and…
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