The Securities Commission Malaysia (SC), the country’s topmost watchdog for financial services and securities, ordered crypto exchange Binance to shut up shop within two weeks and cease all offerings to Malaysian...
The recent report about Tether (USDT) facing a criminal probe in the US, published by...
Speaking to Forbes, Congressman Tom Emmer dismisses the notion of a Fed Coin showdown with cryptocurrency. Saying the crypto movement is too strong to be crushed, even by the Federal Reserve. In recent times, authorities have ramped up talk of introducing central bank digital...
Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto. The...
The co-founder and former CEO of crypto exchange BTCC, Bobby Lee, said Beijing could move to ban Bitcoin entirely. Recent FUD activity, coming from China, was a factor in BTC's unceremonious dump several...
Coinbase Inc., together with certain Coinbase directors and officers as well as venture capital firms that benefited from the company’s April 2021 direct offering,...
To bolster its fair notice defence in a lawsuit filed by the Securities Exchange Commission (SEC), Ripple (XRP)...
The EU is looking at stricter crypto controls under the guise of preventing money laundering and terrorist financing. Last year, Coinbase CEO Brian Armstrong raised concerns over rumors the U.S Treasury was moving to ban "anonymous non-custodial wallets." This...
The U.S Securities and Exchange Commission (SEC) takes action against alleged crypto fraud perpetrated by Profit Connect Wealth Services Inc. Through an emergency action filing, the U.S securities regulator obtained a temporary restraining order and froze the company's assets in a bid to stop Profit Connect from operating. The SEC's reputation has taken a hit following its...
Last week, US Magistrate Judge Sarah Netburn ruled that the former head of the US Securities and Exchange Commission’s (SEC) Division of Corporation Finance William Hinman will testify under oath. The deposition was scheduled for July 19, but given the privilege issues involved, a delay was allowed by the court so that the agency and...
The New Jersey Bureau of Securities has filed a cease and desist order against cryptocurrency lending company BlockFi, prohibiting it from accepting new clients for the firm’s Interest Account service in the corresponding jurisdiction. No BlockFi in New Jersey...
Authorities in Miri, Malaysia, seized and destroyed 1,069 Bitcoin mining rigs by steamroller after cracking a mining operation that was using stolen electricity. Recently, U.K police followed up a rewiring tip-off, expecting to bust a...
Regulatory pressure surrounding Binance keeps increasing as Italy joins the club of jurisdictions that issued notices referring to the biggest crypto exchange by trading volume. Italian government authority, responsible for regulating the country’s securities market, Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that states...
In the ongoing SEC vs. Ripple case, Judge Netburn has ruled that former SEC Director William Hinman will testify under oath. Having filed charges against Ripple in late December 2020, the case has evolved into a complex beast tackling numerous motions. This latest motion relates to the SEC's attempt to...
Congressman Carlos Rejala and Senator Fernando Silva Facetti presented their final version of the long announced and anticipated crypto regulation initiative before the National Congress of Paraguay. In line with the national legislator's earlier...
Aaron Wright, co-founder of OpenLaw and Professor at Cardozo Law, and Ross Campbell, SushiSwap core developer and LexDAO contributor, discuss the latest breakthroughs and legal implications in the burgeoning world of DAOs. Show highlights: how Aaron and Ross fell down the crypto rabbit hole...
Ripple Labs, the blockchain company behind the XRP token that is currently locked in a $1.3 billion legal battle with the U.S. Securities and Exchange Commission (SEC), has rescheduled the deposition of William Hinman, the SEC’s former director of Division of Corporation Finance, to July 19, according to...
Britain’s marketing regulator Advertising Standards Authority (ASA) has announced that it plans to increase its efforts in curbing irresponsible or misleading cryptocurrency ads, Financial Times reported today. “We see this...
Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion won ($1.48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today....
An anonymous Bitcoin (BTC) developer, who goes by the pseudonym Cøbra has blocked access to the Bitcoin white paper and suspended downloading of the Bitcoin Core software for UK users on Bitcoin.org, “an informational site dedicated to help educate and facilitate the understanding of Bitcoin.”...
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