As the first hearing since the SEC lawsuit on June 6, the conference is expected to be “procedural and administrative,” though it may also give […]
Category: Regulation News
US senators reintroduce crypto bill aimed at comprehensive regulation
The Responsible Financial Innovation Act will establish guardrails “to prevent another FTX-style event from occurring” in the wake of the 2022 market crash and bankruptcies.
CFTC case against Digitex futures exchange and CEO results in $16M court order
The commission filed charges against Digitex and CEO Adam Todd in September 2022 for alleged price manipulation and failure to register.
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations.
Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The group raised concerns over Prometheum’s changing position on crypto regulatory clarity and under what circumstances the firm obtained a special purpose broker-dealer license.
South Korea to ask firms to disclose crypto holdings from 2024
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings.
European Banking Authority calls for early adoption of stablecoin standards
EBA officials anticipate a surge in stablecoin issuance in the coming months and have urged businesses to use its guiding principles before restrictions are implemented.
BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto […]
Google hit with lawsuit over new AI data scraping privacy policy
A week after Google updated its privacy policy to allow data scraping for AI training purposes the company is now facing a class action lawsuit.
Celsius files lawsuit to recover $150M from staking platform StakeHound
Celsius aims to claw back 40 million MATIC, 66,000 DOT, 25,000 staked native ETH and 35,000 ETH from liquid staking platform StakeHound.