Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account.
Category: Regulation News
Binance VP of Marketing: crypto needs to ‘double down’ on community support
Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and […]
US House Committee releases new stablecoin bill draft
The draft bill is set to go before the House Committee for discussion on June 13, and if approved by the House and the Senate, […]
US senators propose AI bills for transparency and innovation
The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of […]
Crypto ads face stricter rules, referral bonus ban by UK FCA
Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses.
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
DEXes are not securities exchanges argues crypto venture firm Paradigm.
Moody’s downgrades Coinbase citing ‘uncertain magnitude’ of SEC charges
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as “uninvestable” in the near term.
Polygon Labs president testifies on democratizing the internet with Web3, blockchains
The U.S. House Committee explores blockchain and Web3’s future as industry leaders testify on democratizing the internet and regulatory challenges.
SEC is killing innovation in the United States — 1inch co-founder
U.S.-based Web3 companies and cryptocurrency exchanges could be pushed offshore following enforcement actions against Coinbase and Binance.US.
Gary Gensler: Crypto market is like 1920s stock market, full of ‘fraudsters’
Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today.