Crypto Regulation
“Crypto Is Racist,” Hoskinson Sarcastically Quips at SEC’s New Claim
“Crypto is racist,” quips Charles Hoskinson, the founder of proof-of-stake (PoS) blockchain, Cardano (ADA), in response to a comment from an advisory committee of the US Securities and Exchange Commission...
SEC Boosts Opportunities for Minority-owned and Women-owned Businesses
The U.S. Securities and Exchange Commission’s (SEC’s) Office of Minority and Women Inclusion (OMWI) released its fiscal year (FY) 2022 Annual Report to Congress on April 4, 2023. The report...
U.S. Lawmaker Says SEC Chair Gary Gensler Is A Bad Faith Regulator
United States Congressman Tom Emmer has taken issue with the conduct of the Securities and Exchange Commission (SEC) and its Chairman Gary Gensler, particularly their approach towards the regulation of...
John Deaton Responds To Kevin O’Leary’s Comments On Suing Regulators
Crypto lawyer John Deaton has responded to the comments made by Kevin O’Leary regarding people who choose to sue crypto regulators. In a recent interview, the Shark Tank star stated...
Signature Bank Executives Cashed In On Crypto Surge; Sold $100M Shares
A recent analysis by the Wall Street Journal revealed that insiders of Signature Bank SBNY, which had shifted its focus to cryptocurrency companies and subsequently gained popularity in the stock...
Korean Prosecutors Freeze $175M of Terraform Labs Assets
FatManTerra, a prominent figure in the crypto community, shared on Twitter that Korean prosecutors have frozen $175 million worth of assets belonging to Terraform Labs (TFL) and ex-TFL employees, including...
SEC Warns Against Crypto Amid Financial Capability Month
The U.S. Securities and Exchange Commission (SEC) is urging American investors to err on the side of caution when dealing with crypto-related investment products. The circular is part of the...
Japan’s FSA Cracks Down on Unregistered Crypto Exchanges
Japan’s Financial Services Agency (FSA) issued a notice warning Bybit Fintech Limited and three other crypto exchanges, including MEXC Global, Bitforex, and Bitget, to get registered to pursue their services...
Crypto Crusaders Clash With Elizabeth Warren’s Anti-Crypto Army
Earlier this week on Twitter, United States Democrat Senator Elizabeth Warren announced that she is “building an anti-crypto army” as part of her re-election campaign. Warren has been at the...
‘Gensler Will Cost US Its World Leader Position in Finance,’ Says Deaton
CryptoLaw founder and cryptocurrency lawyer John E Deaton has recently taken to Twitter to express his agitation against the arrogance of US regulators. He expressed the view that regulators like...
‘March Has Been a Brutal Month for Crypto,’ Says Ron Hammond
Ron Hammond, the director of government relations for the Blockchain Association, recently shared a Twitter thread about the recent challenges faced by the crypto industry in March. In the thread,...
‘A Dark Day for Crypto,’ Says Analyst, as Binance Faces CFTC Lawsuit
FatMan, a well-known figure from the Terra Research Forum, expressed disappointment in Changpeng Zhao, the CEO of Binance, following allegations of secret in-house trading by the US Commodity Futures Trading...
‘Coordinated Assault on Bitcoin,’ Says Ex-Coinbase CTO
Balaji Srinivasan, the former CTO of Coinbase, an angel investor, and a tech founder, recently took to his Twitter account to speak about Operation Choke Point 2.0. He shared a...
Binance Caught in the Crossfire: CFTC Lawsuit Aimed at SEC?
Ben “BitBoy Crypto” Armstrong tweeted his opinion on the Commodity Futures Trading Commission’s (CFTC) lawsuit against Binance. Armstrong believes that the CFTC’s lawsuit is more of a slight against the...
Interest Drop Will Result in Next Year’s Inflation; Strategist Says
Jim Bianco, the President, and Macro Strategist at financial research institution Bianco Research LLC shared his opinion on the Federal Reserve’s interest relaxations to confront the current financial instability and...
US Wants to Block the Exits before Digital Dollar Devaluation: Balaji
Reports have emerged that US officials, including Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), have been lobbying their UK and Canadian counterparts to tighten restrictions on...
Community Rips SEC’s New Crypto Risk Warning Amid TradFi Crisis
The crypto community is having a field day dragging the US Securities and Exchange Commission (SEC) for being biased in regulating the crypto industry and the traditional financial system. Crypto...
Crypto Influencer Unrepentant as Law Firm Files Harassment Claims
Ben “BitBoy Crypto” Armstrong is unrepentant of his actions toward Adam Moskowitz and The Moskowitz Law Firm. On March 20, Adam Moskowitz and The Moskowitz Law Firm filed a Status...
Hong Kong Sees Overwhelming Response To Crypto Policy Shift
Hong Kong’s recent shift in its crypto policy seems to have grabbed the attention of virtual asset service providers and businesses from around the world. Island city’s Secretary for Financial...
FTX’s Attempt to Pitch Itself to FDIC Revealed in Leaked Emails
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...
Stakeholders Disagree Over the Role of Crypto in Banks’ Collapse
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...
Gensler Reiterates Proof-of-Stake Tokens Could be Securities
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 UK Bank Acquires Silicon Valley Bank UK in Rescue Deal
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...
