Crypto Regulation
SEC’s Actions Cause Fear in Crypto Ecosystem: Polygon’s Rebecca
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...
NYDFS Ups The Heat On Market Manipulation And Insider Trading
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...
Taiwan Government Officials Will Have To Soon Disclose Crypto Holdings
As per the Taiwan government’s official announcement released last week, officials will soon need to declare crypto holdings on an annual basis. Taiwan’s government has advanced with the crypto regulation...
SEC Doesn’t Regulate Crypto Directly, but Indirectly; Says Levine
Matt Levine, the Bloomberg Opinion Columnist, published an article on February 7, analyzing the Securities and Exchange Commission’s (SEC) crypto regulatory policies. Notably, the Chinese reporter Colin Wu, on his official...
The US SEC Seeks to Expand Categorization of Securities: Experts
John Deaton, the founder of Crypto-Law.us, believes that the United States Securities and Exchange Commission (SEC) is pursuing theories that would expand the definition of what constitutes a security. He...
Brian Armstrong Warns U.S. About Losing Its Status As A Financial Hub
Coinbase CEO, Brian Armstrong calls upon Congress’ quick action to pass clear legislation regarding cryptocurrency. In his latest tweet, he warns that America is facing a potential risk of losing...
“Names of SBF’s Bail Guarantors Have Been Released,” Tweets Fong
Crypto influencer Tiffany Fong reveals the names of bail guarantors for fallen CEO Sam Bankman-Fried in her latest tweet. Furthermore, the signers were revealed to be Larry Kramer, former dean,...
SEC vs. XRP: Layton Files Motion for Access to Hinman’s Speech Documents
As the battle between SEC vs XRP continues, the Senior Vice President of Strand Consult, Rosalyn Layton, filed a motion to intervene in the case. Layton petitioned the Court asking...
Norway Police Seize $5.9 Million Connected to Axie Infinity Hack
According to the latest email statement from the Norway police on Thursday, the unit for fighting economic and environmental crimes has seized 60 million Kroner ($5.9 million). The seized cryptocurrency...
Blockchain Association Files Amicus Brief in Insider trading Case
The Blockchain Association previously stated that it had submitted an amicus brief in the complaint that the United States Securities and Exchange Commission (SEC) has brought against three persons for...
Expect More Regulatory Actions in Coming Weeks, Warns Policy Expert
Director of Government Relations at Blockchain Association Ron Hammond took to Twitter to express his displeasure at the latest regulatory events in the crypto space. “It may be Valentine’s Day...
“Oranges Are Becoming SEC’s Target,” Tweets Crypto Influencer
Crypto influencer Ben Armstrong takes a jab at the SEC’s recent actions in his latest tweet. In particular, he is citing SEC’s lawsuit against Binance stablecoin BUSD. Wrapping his discontent...
SBF Hides his Online Activities: US Attorneys Share Concerns
The disgraced former CEO of the crypto exchange FTX, Sam Bankman-Fried has reportedly been using a virtual private network to access the internet during two recent situations. Consequently, the US...
SEC Orders to End Issuance of BUSD: Crypto Community Shudders
According to recent expositions, the non-adhesive crypto regulations administered by the US authorities had heavily impacted the digital sector. In specific, the SEC-Paxos Lawsuit pushed the community to be immersed...
NYDFS’ Crackdown On Paxos May Be Prompted By Circle’s Complaint
The intensified regulatory crackdown against Paxos and its crypto offerings may not have anything to do with their security status, as claimed by regulators. A lawyer recently took to Twitter...
NYDFS Orders Paxos To Stop Issuing Binance USD Stablecoin
The New York Department of Financial Services (NYDFS) has reportedly ordered Paxos to stop mining new Binance USD (BUSD) stablecoins. The order to stop issuing BUSD comes just hours after...
BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin
Paxos Trust Company, the issuer of the world’s third-largest stablecoin, is reportedly facing a lawsuit from the Securities and Exchange Commission (SEC). According to a recent report, the crypto firm...
G20 Group Takes Up Crypto Regulation; Says Finance Minister
Nirmala Sitharaman, the Finance Minister of India, during a meeting with the Reserve Bank of India’s Central Board of Governors on Saturday, told that the G20 Group, the intergovernmental forum...
“Gary Gensler To Control All Of Crypto,” Reveals Terrett
Fox Business journalist Eleanor Terrett, reveals in her latest tweet that Gary Gensler, U.S Securities and Exchange Commission Chair, is attempting to control all of crypto overnight. Earlier today, Terrett...
Finance Minister and IMF MD Talk about Global Crypto Regulation
During a virtual conversation with Kristalina Georgieva, held on February 9, the Managing Director of the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman, proposed to the multilateral funding agency...
Former SEC Chair Calls for Scrapping SEC’s Climate Rule
Former Security Exchange Commission (SEC) Chairman Jay Clayton joined a panel discussion on CNBC’s Squawk Box regarding SEC’s decision to consider softer regulations for climate disclosure. Squawk Box tweeted the...
Defunct Crypto DEX Etherdelta Still Holds $42M in Customer Assets
Conor Grogan, a director at Coinbase, one of the leading crypto exchanges, updated the crypto community about a decentralized exchange (DEX) that phased out of the market with many people’s...
Australian Government Changes Financial Structure To Regulate Crypto
Avoiding an “exhaustive, bespoke taxonomy” for cryptocurrencies, the Australian government has adopted a framework that separates cryptocurrency into public networks or smart contracts on the one hand, and intermediaries or...
India States IMF is Working with G20 for Crypto Regulation plan
According to the latest reports, India revealed that the International Monetary Fund (IMF) is working with G20 on a framework that would define crypto regulations. On Thursday, Economic Affairs Secretary...
