Regulation

Crypto Advocate Wins Ohio Senate Primary, Setting Stage for Key Election

Bernie Moreno, a blockchain entrepreneur, has clinched the Republican nomination for the U.S. Senate in Ohio, positioning himself against Sen. Sherrod Brown, a skeptic...

Defense Critiques DOJ’s Sentencing Proposal for Sam Bankman-Fried as Excessive

The defense team for Sam Bankman-Fried, the FTX founder, has strongly objected to the Department of Justice's (DOJ) recommendation for a 50-year prison sentence,...

BlackRock Dives into Tokenization with New Digital Liquidity Fund

BlackRock, the world's largest asset manager, is making significant strides into the digital asset space with the launch of the BlackRock USD Institutional Digital...

Coinbase and its Allies Challenge the SEC for Crypto Regulations

Coinbase Inc., supported by notable allies including Paradigm and the Crypto Council for Innovation, is embroiled in a legal battle against the U.S. Securities...

UK’s FCA Aims to Introduce Market Abuse Regime for Crypto in 2024

The Financial Conduct Authority (FCA), the UK's regulatory body for financial services, has announced its plans to establish a market abuse regime for the...

India’s Finance Minister Asserts Crypto Cannot Be Currencies, Awaits G20 Framework

Indian Finance Minister Nirmala Sitharaman reiterated the Indian government's stance on cryptocurrencies at the India Today Conclave 2024, stating that crypto assets cannot be...

Sam Bankman-Fried’s Plans for Image Rehabilitation Post-Arrest

Sam Bankman-Fried, the embattled CEO of a significant cryptocurrency exchange, is actively strategizing ways to refurbish his tarnished public image following his legal predicaments....

Nigeria’s SEC Proposes Significant Fee Increase for Crypto Exchanges

The Nigerian Securities and Exchange Commission (SEC) is taking steps to adjust the financial landscape for digital asset service providers by proposing a notable...

Prosecutors Seek 40-50 Years for Sam’s “Historic” Fraud

In a significant development surrounding the collapse of the FTX cryptocurrency exchange, prosecutors have recommended a sentence of 40 to 50 years for founder...

Celsius Creditors Face Payment Discrepancies Amid Bankruptcy Settlement

Some creditors of the bankrupt cryptocurrency lending firm Celsius are facing significant reductions in their expected compensations. Despite originally being promised payments in crypto,...

Hong Kong Regulator Flags MEXC for Operating Without a License

The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning that MEXC, a cryptocurrency exchange, has been operating within the...

SEC Charges 17 in $300M Ponzi Scheme Targeting Latino Community

The U.S. Securities and Exchange Commission (SEC) has taken legal action against 17 individuals connected to a Ponzi scheme that fraudulently raised $300 million...