The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions.
Category: Regulation News
Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues
Lawyers questioned a judge’s decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was “protected First Amendment activity.”
SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony
John Deaton points out that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized […]
SEC charges podcaster in first unregistered securities sales claim against NFT offering
Impact Theory produces entertainment and educational podcasts and was “trying to build the next Disney” when it invited investors to purchase its NFTs.
Google updates service policies to comply with EU regulations
Google and other major platforms on the web will need to update their service policies in order to comply with EU standards in its Digital […]
Binance adds fiat currency restrictions for Russian users
Russian ruble use on Binance P2P has been restricted to Russian citizens who live in the country.
OKX and Bybit remove sanctioned Russian banks from payments list
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on Bybit and OKX.
Judge denies stakeholders’ request for representation in Celsius bankruptcy case
The judge also declined to declare the CEL token “not a security,” despite related rulings in the SEC v. Ripple case.
Crypto community reacts to Biden’s proposed crypto tax reporting rules
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States.
JPMorgan forecasts limited downside for crypto markets: Report
JPMorgan’s analysts consider Bitcoin’s declining open interest to be a sign that the current price trend may be weakening.