On March 19, it was revealed that prior to its November 2022 collapse, FTX attempted to pitch itself in a meeting with the Federal Deposit Insurance Corporation Chairman. Watchdog Protect...
J.W. Verret, a professor of corporate and securities law, has disagreed with U.S. Senator Elizabeth Warren over the role of cryptocurrency in the recent collapse of Signature Bank. Verret said...
United States Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated his opinion that proof-of-stake tokens could be considered securities under the Howey Test, thereby falling under the regulatory...
HSBC Holdings plc has announced that its UK ring-fenced subsidiary, HSBC UK Bank plc, has acquired Silicon Valley Bank UK Limited (SVB UK) for a nominal consideration of £1. SVB...
The Department of Treasury, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) have released a joint statement reassuring customers of the safety of their funds in the aftermath...
In a recent tweet, blockchain lawyer John Deaton warned that the US government’s attempt to suppress crypto could lead to the country missing out on the Web3 revolution. Deaton expressed...
On Friday, Silicon Valley start-ups lender, SVB Financial Group, was closed by the California Department of Financial Protection and Innovation and transferred to the Federal Deposit Insurance Corporation (FDIC). According...
This Friday, a US judge will decide whether Sam Bankman-Fried, the FTX founder, should be subject to any bail restrictions and whether or not his fraud trial, originally scheduled to...
On Wednesday, the Public Company Accounting Oversight Board (PCAOB) published an advisory cautioning investors against putting too much faith into the so-called “proof of reserve” reports that some cryptocurrency businesses...
The government of India has taken yet another step toward regulating digital assets by imposing money laundering rules on the crypto industry. In a notification on Tuesday, the Indian Finance...
The government of Thailand announced that the companies that issue digital tokens would be excluded from the corporate income tax and value-added tax. Over the past few months, the country...
Conforming to the latest reports, the United Kingdom Treasury and the European Union have been stepping forward with novel approaches to the crypto space, introducing regulations on crypto focusing on...
A recent investigation by the Singapore police into Terraform Labs, a blockchain infrastructure provider, for alleged fraud has caught the public’s attention. For instance, a Twitter user suggests that Do...
Reports from Australia reveal it is unlikely for the government to release conclusive crypto legislation before the end of 2023. Based on the timetable of consultative programs and events, Australia’s...
Crypto Tips YouTube co-host Heidi has criticized the former CEO of MicroStrategy, Michael Saylor, in calling for increased regulation of cryptocurrencies. Heidi questioned Saylor’s sincerity over his position despite being...
According to John E Deaton, founder of Crypto-Law.us, and managing partner of the Deaton Law Group, it is a fact that regulatory clarification about US regulation would only be attained...
During India’s G20 Presidency, the meeting of Finance Ministers and Central Bank Governors (FMCBG), India’s Finance Minister Nirmala Sitharaman addressed the country’s position on crypto regulation. She said that India...
HashKey Group, the Hong Kong-based digital asset financial services provider, has received approval from the Securities and Futures Commission (SFC) of Hong Kong to go ahead with an off-platform virtual...
The Australian Securities and Investments Commission (ASIC) announced on Friday that it is investigating Binance Australia’s derivatives business more closely. Following Binance’s admission that 500 of its Australian customers had...
The Hong Kong Securities and Futures Commission (SFC) has announced that it will only allow retail trading for large-cap virtual assets included in at least two indices. The commission did...
The US whistleblower and anti-corruption watchdog, Empower Oversight, complained that the Securities and Exchange Commission (SEC) has repeatedly denied transparency organizations access to information of public interest, especially regarding the...
The western state of the United States, Montana passed a bill on Thursday under the auspice of the State Senate, with the intention to protect crypto miners from a set...
Polygon Chief Policy Officer (CPO) Rebecca Rettig and the Chief Legal Officer (CLO) of Coinbase, Paul Grewal recently sat down in a podcast with crypto journalist Laura Shin to address...
The New York Department of Financial Services (NYDFS) has doubled down on illegal activities in the virtual currency industry in the State of New York. The department recently announced that...