Regulation

Bahamas to Mandate Bank Support for ‘Sand Dollar’ CBDC

The Bahamas is taking decisive steps to increase the adoption of its central bank digital currency (CBDC), known as the "Sand Dollar." Introduced in...

Circle Set with MiCA Compliance for Stablecoins in the EU

Circle has set a precedent by becoming the first global stablecoin issuer to comply with the European Union's Markets in Crypto-Assets (MiCA) regulatory framework....

SEC Sues Silvergate Capital Over Alleged Fraud Linked to FTX

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation, the parent company of a crypto-friendly bank, accusing...

GameStop Drops Roaring Kitty Fraud Lawsuit After Three Days

A GameStop investor who accused Keith 'Roaring Kitty' Gill of securities fraud has withdrawn his lawsuit just three days after filing it. The plaintiff,...

Hawaii’s Regulatory Sandbox for Crypto Companies Concludes Today

As of today, the state of Hawaii's regulatory sandbox for crypto companies, the Digital Currency Innovation Lab (DCIL), has officially concluded. Consequently, digital currency...

SEC Delays Ethereum ETF Launch Amid Comments

The anticipated launch of U.S. spot Ether exchange-traded funds (ETFs) has been postponed due to the U.S. Securities and Exchange Commission (SEC) requiring revisions...

Court Allows Most SEC Claims to Proceed in Binance Lawsuit

In a significant legal development, a U.S. court has allowed most of the claims made by the Securities and Exchange Commission (SEC) against Binance...

History Associates Joins Coinbase in FDIC Legal Battle

History Associates has partnered with Coinbase in a lawsuit against the United States Federal Deposit Insurance Corporation (FDIC) to compel compliance with a Freedom...

Bolivia Lifts Bitcoin Ban, Authorizes Crypto Transactions via Banks

Bolivia’s central bank, Banco Central de Bolivia, has lifted its ban on Bitcoin and other cryptocurrency payments, allowing financial entities to conduct transactions with...

Coinbase Sues SEC and FDIC Over Unanswered FOIA Requests

Coinbase has initiated legal action against the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for allegedly failing to...

FASAB Classifies Seized Crypto as Nonmonetary Property

The Federal Accounting Standards Advisory Board (FASAB) has issued new guidelines clarifying the treatment of seized crypto assets and central bank digital currencies (CBDCs)....

Ripple’s Legal Troubles Deepen as Judge Allows Securities Suit

A United States federal judge has allowed a civil securities lawsuit against Ripple Labs to proceed, denying the company's bid for summary judgment. The...