Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity.
Category: Regulation News
Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple.
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
John Deaton believes the unequal treatment raises concerns about the regulatory body’s effectiveness and fairness, as well as the overall framework for digital assets.
First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act.
Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected
“As president, on day one, CBDC goes into the trash can — we’re not going to allow it,” said Ron DeSantis at a New Hampshire […]
DOJ wants SBF’s bail revoked over witness tampering, diary leak allegations
The filing revealed that on Jan. 15, 2023, SBF contacted the current general counsel of FTX US, who could potentially serve as a witness in […]
German government watchdog launched Worldcoin probe in November 2022: Report
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin’s data collection methods, which involve collecting iris scans from users.
Japan Blockchain Association demands tax cuts for crypto
Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets.
SEC files complaint against Hex founder for allegedly offering unregistered securities
According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.”
Binance to offer crypto broker-dealer services in Dubai with new license
Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai.