Crypto Regulation
US Regulatory Paralysis Impacts Jobs, Investment: John Deaton
Crypto lawyer John Deaton believes that US regulatory paralysis has measurable impact in terms of jobs and investment lost. Congressman Patrick McHenry asserts that the…
NY Authorizes Stablecoins as a Form of Bail: Assembly Bill 7024
The New York State Legislature introduced Assembly Bill 7024 authorizing stablecoins as a valid form of bail. The bill followed General Attorney Letitia James’ proposal…
Crypto Influencer Faults US Govt’s $18B Crypto Tax Loopholes Claims
Influencer CryptoWendyO disputes the US government's claims of crypto tax loopholes. The crypto enthusiast cited no clear regulatory definition of crypto yet. US President has…
US Regulatory Crackdown Prompts Jane Street And Jump Crypto To Exit
Jane Street and Jump Crypto are reportedly scaling back from crypto trading in the U.S. The market-making giants have blamed the regulatory crackdown in the…
Hong Kong Won’t Be ‘Light Touch’ on Crypto Regulation, Says Executive
Hong Kong Monetary Authority CEO discusses upcoming crypto regulations. The CEO said companies that feel HK’s regulations are too tight can go elsewhere. From June…
John Deaton: Other States May Ignore New York’s New Crypto Laws
The New York Attorney General Recently announced new crypto regulations. John Reed Stark thinks other US states could follow suit with similar crypto regulations. John…
Level Finance Loses Over $1 Million in Smart Contract Exploit
DeFi exchange Level Finance has lost more than $1 million to an exploit due to a bug in its smart contract. The DEX has assured…
OFAC Imposes $7.6 Million Fine on Poloniex For Violating Sanctions
The U.S. Department of Treasury’s OFAC has imposed a $7.59 million penalty on crypto exchange Poloniex. Poloniex has agreed to pay the multi-million-dollar penalty to…
Coinbase Has Been Indicted of Illegal Data Harvesting by US Court
Coinbase has been accused of violating the US biometric privacy law. The suit alleges that Coinbase harvests facial data from copies of govt-issued IDs. The…
Analyst Warns About Traditional Banking System Turning on Itself
Ben Armstrong warned that the traditional banking system is turning on itself and allowing community banks to fail. The popular crypto influencer said the system…
