The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations.
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Category: Regulation News
Brazil’s top prosecutor defends X ban, urges Supreme Court to end disputes
For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.
North Carolina resists the CBDC tide with new payments ban
A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal.
SEC expands Binance lawsuit: AXS, FIL, ATOM now securities
The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.
Hong Kong considers new licensing regime for OTC crypto trading
Hong Kong’s SFC is exploring new licensing regulations for OTC cryptocurrency services, seeking input from industry participants.
Kraken denies SEC claims, argues digital assets aren’t securities
Kraken firmly disputes SEC allegations, citing the lack of clarity in federal securities law and overreach in its regulatory scope.
US lawmakers unite against AI abuse, support NO FAKES Act
A legal professional warns that the bill could lead to private censorship, posing risks to free speech and creators’ rights.
UK court rules Tether is property in first English law post-trial crypto ruling
It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.
Consumer watchdogs call for EU action on in-game digital money
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC.
China’s ‘point running’ crypto scams, pig butchers kidnap kids: Asia Express
Chinese crypto noobs are being tricked into laundering funds for ‘rewards’ — and pig butchering scammers are kidnapping kids: Asia Express.