Crypto Regulation
US SEC Responds to Mandamus Petition Filed By Coinbase
The United States SEC has responded to Coinbase’s petition for a writ of mandamus from last month. The SEC has indicated that it will continue…
Binance To Exit Canadian Market Due To Challenging Regulations
Binance has decided to exit the Canadian crypto market due to its challenging regulatory regime. Binance blamed its departure on Canada’s recent overhaul of regulations…
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…
