Crypto Regulation
Consensys’ SEC Challenge Fails: Texas Court Dismisses Lawsuit
A Texas court has dismissed the lawsuit brought by the blockchain software company Consensys challenging the SEC’s alleged regulatory overreach. The court’s decision comes after the SEC dropped its investigation...
Scaramucci Sees Bitcoin Soaring to $100,000 on Rate Cuts, Crypto Clarity
Hedge fund manager and SkyBridge Capital founder Anthony Scaramucci foresees Bitcoin reaching new all-time highs, according to a Bloomberg report. Scaramucci explained that this potential growth will stem from interest...
Fed Rate Cut: Economist Urges Caution, Citing Inflation and Unemployment
Standard Chartered Bank economist Steve Englander has issued a warning against a 50 basis point rate cut by the Federal Reserve, citing persistent inflation and rising unemployment. Given the current...
SEC Commissioners to Face Congress: Crypto Regulation in Spotlight
The five Commissioners of the United States Securities and Exchange Commission (SEC) are set to testify before the US House Committee on Financial Services, chaired by Representative Patrick McHenry of...
SEC’s ‘Weird Way’ to Regulate Crypto Draws Criticism from Crypto Lawyer
Prominent lawyer focused on cryptocurrencies, James Murphy, also known as MetaLawMan across his social media handles, took shots at the United States Securities and Exchange Commission (SEC) for its “weird”...
ETH Transactions Free from SEC’s Clutches? Coinbase CLO Raises Intrigue!
Coinbase Chief Legal Officer Paul Grewal has called out the Securities and Exchange Commission (SEC) for what he perceives as inconsistent treatment of cryptocurrencies, particularly in comparison to Ether. In...
Crypto Market Calm Before Fed Rate Decision, 25 Basis Point Cut Expected
Despite economic fluctuations and the U.S. presidential debate, financial markets including the tightly-aligned crypto market have remained relatively calm this week. Investors are laser-focused on the upcoming Federal Reserve meeting,...
Winklevoss: Warren’s Crypto Regulation Hurts 50 Million U.S. Investors
Tyler Winklevoss, the co-founder of the digital asset trading platform Gemini, used social media platform X (formerly Twitter) to criticize an email from Senator Elizabeth Warren of Massachusetts. He labeled...
Governor’s Veto Overruled: North Carolina Takes a Stand Against Federal CBDC
The North Carolina General Assembly has passed a bill restricting the state’s adoption of the United States Federal Reserve-issued central bank digital currency (CBDC). This came after the state Senate...
SEC Crypto Crackdown: $4.7 Billion in Enforcement Actions This Year
The U.S. Securities and Exchange Commission (SEC) has ramped up its enforcement efforts against crypto firms in 2024, collecting $4.7 billion in fines—a massive 3,018% increase from the previous year....
Nigerian SEC to Crack Down on Unregulated Crypto Exchanges
The digital asset trading platforms and individuals in Nigeria that are not complying with local laws will face action from the country’s securities regulator, the Securities and Exchange Commission (SEC),...
Harris Skips Crypto Regulation as Trump Leads Polymarket with 52%
Kamala Harris, the Democratic candidate for the 2024 U.S. presidential election, has deprioritized crypto regulation, leading to Donald Trump’s surge on Polymarket, where he now leads with 52%, compared to...
Interest Rate Cut vs. Inflation: The Fed’s Dilemma and Crypto’s Future
The U.S. Federal Open Market Committee (FOMC) is set to meet on September 17-18, and analysts are anticipating an interest rate cut. The CME FedWatch tool currently predicts a 31%...
Ripple CLO Slams SEC’s “Fabricated” Terminology in Crypto Regulation Cases
Legal experts, including Ripple’s Chief Legal Officer, argue that the U.S. Securities and Exchange Commission (SEC) continuously attempts to mislead judges by using the term “crypto asset security” without legal...
South Korea Probes Upbit, Exchanges Under New Crypto Laws
South Korea’s Financial Supervisory Service (FSS) announced on Tuesday that it is launching an investigation into major crypto exchanges in the country, including Upbit, one of the leading trading platforms....
Russia Cryptocurrency Regulations 2024: The Ultimate Guide
Cryptocurrency’s meteoric rise has reshaped the global financial landscape, and Russia is no exception. As digital assets gain traction worldwide, the Russian government has responded with a series of legislative...
Chinese Court Dismisses Crypto Lawsuit, Reaffirms Crypto Ban
Amid the ongoing debate over China’s stance on cryptocurrencies, the East Asian nation has once again made its position clear. A recent ruling by the Wuhan Donghu New Technology Development...
South Korea Cracks Down on Corruption in Crypto Enforcement
The Seoul Southern District Prosecutors’ Office is looking into a police officer accused of taking bribes in connection with crypto cases. The investigation, handled by the office’s Virtual Asset Crime...
Australia Tightens Crypto Rules, Kraken’s Bit Trade in Focus
Australia has initiated a regulatory crackdown against crypto firms operating in the region, aiming to push digital asset service providers to complete proper registration processes before providing their services to...
Nigeria Crypto News: SEC to License Exchanges
Nigeria’s Securities and Exchange Commission (SEC) will start licensing cryptocurrency exchanges. This move comes as crypto adoption surges in Nigeria, recently ranked the world’s second-largest user base by Chainalysis. Previously,...
China Crypto Unban: Justin Sun’s Bullish Forecast
Justin Sun, the founder of the Tron (TRX) blockchain, recently took to social media platform X (previously known as Twitter), to state that mainland China will soon unban digital assets,...
Thai Authorities Pursue Chinese Suspects in $2M Crypto Heist
Thai authorities are actively pursuing four Chinese nationals linked to a daring robbery in Pathum Thani, where they allegedly forced a fellow Chinese resident to transfer $2 million in cryptocurrency....
Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule
The Senate recently passed H.J.Res. 109, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. This resolution, approved by a 60-38 vote, seeks to lift restrictions that...
Binance.US HEX Lawsuit Revived by Appeals Court
A U.S. appeals court has revived a class-action lawsuit accusing Binance.US and CoinMarketCap of manipulating the price of HEX token. The ruling overturned a previous dismissal, allowing the case to...
Gemini Questions CFTC’s Regulatory Authority To Ban Crypto Prediction Markets
Gemini, a prominent American-based crypto exchange, has recently criticized the Commodity Futures Trading Commission’s (CFTC) Notice of Proposed Rulemaking, urging them to withdraw it. While the proposal intends to ban...
