[Feb 27, 2023 1:30 PM] United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency.
[Feb 27, 2023 8:02 AM] The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance.
[Feb 26, 2023 9:30 AM] 2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of…
[Feb 24, 2023 6:05 PM] On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate…
[Feb 24, 2023 1:30 PM] Coinbase says its staking product offerings are different than Kraken's, which came under SEC scrutiny and resulted in a $30 million fine.
[Feb 23, 2023 2:30 PM] Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines…
[Feb 23, 2023 4:46 AM] The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital.
[Feb 22, 2023 5:30 PM] A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector…
[Feb 22, 2023 3:58 PM] Gensler has made a show of cracking down on crypto companies that haven’t engaged in actual misconduct. When real fraud is taking place, he’s nowhere to be seen.
[Feb 22, 2023 1:30 PM] According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has…
[Feb 21, 2023 10:00 PM] The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up…
[Feb 21, 2023 3:45 PM] Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake.
[Feb 21, 2023 10:00 AM] The stablecoin issuer is currently facing a lawsuit from the SEC in which the financial regulator claimed BUSD was an unregistered security.
[Feb 20, 2023 5:05 PM] The CTO stepped down from the DeFi-focused infrastructure firm on Feb. 20, but not without some allegations aimed at his former company and its CEO.
[Feb 20, 2023 2:00 PM] Jesse Powel, the co-founder, and CEO of Kraken, a cryptocurrency exchange, thinks users should blame regulators for the ongoing crises in crypto. Kraken CEO: Are Regulators Bent On Killing Crypto? While replying to a tweet on February 20, Jesse…
[Feb 20, 2023 2:00 PM] The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.
[Feb 20, 2023 11:58 AM] According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.”
[Feb 19, 2023 7:00 AM] There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is…
[Feb 18, 2023 9:16 PM] Switzerland-based crypto platform claimed Warren made “mistakes” in comments at a recent senate hearing and encouraged her to “constructively engage” with its community.
[Feb 18, 2023 9:30 AM] Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law…
[Feb 17, 2023 11:40 PM] Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt.
[Feb 17, 2023 10:00 PM] Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the…
[Feb 17, 2023 3:30 PM] The SEC complaint included allegations around claims of TerraUSD’s peg, Terra’s relationship to Chai, and co-founder Do Kwon cashing out for millions.
[Feb 17, 2023 2:30 PM] Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers.
[Feb 17, 2023 1:00 PM] The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators.
[Feb 17, 2023 12:00 PM] Gary Gensler said investors in crypto projects “should know why celebrities are making those endorsements,” as Kim Kardashian and Paul Pierce did for EMAX through social media.
[Feb 17, 2023 11:31 AM] The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle…
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