Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity.
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Category: Regulation News
SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’
SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.”
SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023
The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon.
FTX pencils deal to access $600M in Robinhood shares
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares […]
North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.
2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec
Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec
FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023
The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found.
UK Parliament could summon Elon Musk over X operations
Labour MP Dawn Butler wants Musk to discuss the operations of his social media network X and its role in spreading misinformation.
Judge issues temporary stay in Kalshi v. CFTC election betting case
Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting […]
US, Canadian investors to get full compensation in GSB Group settlement
The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments.