Crypto Regulation
US SEC Intensifies Scrutiny of Crypto Auditors’ ‘Troublesome’ Work
SEC's acting Chief Accountant said that they are warning investors to be cautious of claims made by crypto firms. Paul Munter added that SEC would…
Coinbase CEO Has a Clear Regulation Plan for the Crypto Industry
CEO Brian Armstrong laid out plans to regulate centralized actions while preserving decentralized innovation. The CEO recommended a modern-day Howey Test for the categorization of…
Israeli Court Allows Seizure of Crypto From Terrorism-Linked Wallets
Tel Aviv's Magistrate Court has allowed authorities to seize ‘all the crypto assets’ from over 150 terrorism- funding wallets. On Dec 15, the court allowed…
US Fed Raises Interest Rate by 0.5%; No Reduction till 2024
The US Fed Reserve hiked interest rates by 0.5%. The expected terminal rate for 2023 is 5.1%, higher than the 4.6% estimated in November. It…
Japanese Electric Firm Will Utilize Surplus Power on Crypto Mining
TEPCO's subsidiary has decided to commercialize the excess power by crypto mining. The surplus power will be used by creating new demand for crypto mining…
Australian Regulators Eye Cryptocurrency Regulations in 2023
Australian regulators are looking to tighten cryptocurrency regulations. A consultation paper regarding the digital assets regulations is coming in 2023. Regulators will consult on defining…
Crypto Mining Company Argo Blockchain Plans Bankruptcy Filing
Argo Blockchain accidentally revealed a petition for bankruptcy on December 12. Compass Mining’s Will Foxley’s shared the news on Twitter. UK and US suspend shares…
US Moves To Regulate the Crypto Industry’s Impact on Environment
Senator Edward J. Markey and Representative Jared Huffman have introduced a new act to regulate crypto firms.This legislation will require the EPA to do a…
US FTC Investigates Crypto Firms for Some Alleged Misconduct
FTC investigates some crypto firms alleged of some possible misconduct.The spokesperson was reluctant to reveal the names of the firms or the reasons for the…
The Multi-year XRP vs SEC Battle is Ending after a 65-page Filing
Ripple filed a redacted reply to the SEC’s opposition for summary judgment. It is the final submission before the ultimate pronouncement from the court.In 2020, SEC…
