Stoner Cats NFTs creator charged by SEC, to pay $1M fine
SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs. Stoner Cats will...
Regulation
Former Celsius CEO Mashinsky seeks dismissal of FTC case
Alex Mashinsky, founder and former CEO of now-bankrupt crypto lender Celsius, filed a new motion in court seeking the dismissal of the...
India embarks on crafting crypto regulations after ruling out ban
India was long thought to be planning a complete ban on cryptocurrencies. However, in the just concluded G20 Summit, India...
Binance’s exec exodus, Nasdaq to trade AI orders, and more
Top Stories This Week Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list A key talking...
CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged...
Coinbase plans major expansion in countries with “clear crypto rules”
Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory. The exchange also...
UK financial watchdog could give crypto firms until January 2024 for marketing compliance
The United Kingdom’s Financial Conduct Authority, or FCA, has reiterated its warning for all crypto asset firms marketing to users...
US Senate confirms Philip Jefferson as Federal Reserve vice chair
Federal Reserve governor Philip Jefferson has won confirmation from a majority of members of the United States Senate, placing him...
80 Chinese crypto influencer accounts shut down in latest crackdown
Sina Weibo — one of the most popular Chinese social media apps, with over 258 million daily active users —...
Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert
Harvard legal scholar and Yeshiva University law professor Christine Kim recently published a research paper detailing arguments for not only...
FTX court filing reveals former Alameda CEO’s $2.5M yacht purchase
FTX debtors have disclosed a series of financial statements revealing transactions that benefited company executives shortly before the major cryptocurrency...
UK MPs call for global alliance to tackle AI misuse
A group of influential members of parliament (MPs) in the United Kingdom have advised the government to collaborate with democratic...
Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays
Following the United States Securities and Exchange Commission (SEC) delaying decisions on several spot Bitcoin exchange-traded funds, former commission chair...
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has...
Crypto exchange Binance is considering a full exit from Russia
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of...
Google updates service policies to comply with EU regulations
Google plans to update some of its service policies to comply with the European Union’s Digital Services Act (DSA), according...
Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, $3B BTC..
Top Stories This Week Tornado Cash co-founders charged with money laundering, sanctions violations United States officials pressed charges against the...
Pro-XRP lawyer urges Clayton, Hinman testimony
Pro-XRP attorney John Deaton says that the United States Securities and Exchange Commission (SEC) erred in filing aiding and abetting...
IRS releases draft of proposed reporting rules for digital asset brokers
The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and...
Bitstamp halts Ether staking in the US, cites regulatory challenges
Please be aware that some of the links on this site will direct you to the websites of third parties,...
FTX’s Sam Bankman-Fried pleads not guilty to fraud charges: Report
Sam “SBF” Bankman-Fried, the former CEO and co-founder of crypto exchange FTX, has pleaded not guilty to fraud and money...
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one...
