The Crypto-friendly Custodia bank, founded by Caitlin Long, a well-known figure in the crypto industry, has been denied its application to come under the supervision of the U.S. Federal Reserve (Fed), according to an official announcement. The Board had previously Read More
Member of the US House of Representatives and Majority Whip Tom Emmer has recently introduced a new bill to provide regulatory clarity for the blockchain and cryptocurrency industry. The bill is called the Blockchain Regulatory Act (BCRA). According to Emmer, Read More
The messaging app Telegram has added support for the stablecoin giant USDT on its wallet bot, according to a CoinDesk report. With this integration, users can now buy and sell USDT directly within the app, expanding the app’s cryptocurrency capabilities. Read More
The US Securities and Exchange Commission (SEC) has recently announced that it has charged Justin Sun, a prominent crypto entrepreneur, and his three companies- Tron Foundation, BitTorrent, and Rainberry Inc, with allegedly conducting an unregistered sale of “crypto assets securities.” Read More
Governor Ron DeSantis of Florida has proposed legislation that aims to protect residents of the state from the potential risks associated with a central bank digital currency (CBDC) and the increased government surveillance that may come with it. Governor DeSantis Read More
According to a recent Bloomberg report, U.S. regulators are again attempting to interfere with the sale of the bankrupt crypto lender Voyager Digital to major crypto trading platform Binance.US. Although U.S. Bankruptcy Judge Michael Wiles, overseeing Voyager’s Chapter 11 bankruptcy Read More
The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms. Amidst the alarms of the wavering crisis, crypto firms seem to be Read More
Amidst the turmoil the crypto industry has been involved in over the past month, the global market capitalization has dropped from the psychological level of $1 trillion; Bitcoin has followed the trend. The largest cryptocurrency in the market cap dropped Read More
Coinbase has announced the launch of a new feature that the largest exchange in the U.S. claims will attract millions of users to web3. The new product, “Wallet as a Service” (WaaS), will allow businesses to build new web3 experiences Read More
The Tender.fi “white hat” hacker accused of withdrawing over $1.59 million from the Arbitrum-based decentralized finance (DeFi) lending protocol has returned the funds. A few days ago, the platform suspended lending services while attempting to recover these assets. Web3 smart Read More
The Securities and Exchange Commission (SEC) continues its enforcement actions against the crypto industry, filing an emergency action against Miami-based crypto hedge fund BKCoin and its principal Kevin Kang. According to the SEC’s complaint, the hedge fund, launched in 2018 Read More
Coinbase has recently acquired digital asset manager One River (ORDAM), a leading institutional digital asset manager, and the Securities and Exchange Commission (SEC), a registered investment advisor. The newly acquired digital asset manager was announced via a blog post, stating Read More
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), continues to crack down on the crypto industry. In an investor advisory committee, the SEC Chair declared that lending platforms and crypto exchanges operate “investment advisers can’t rely on Read More
U.S.-based Crypto exchange Coinbase has launched a campaign in favor of crypto policies in all 435 congressional districts across the jurisdiction of the U.S. government. This decision comes from increased regulatory enforcement actions by the Securities and Exchange Commission (SEC). Read More
The U.S. Securities and Exchange Commission (SEC) has recently increased its enforcement actions against the crypto industry. Its Chairman, Gary Gensler, leads the charge against the nascent asset class. As the U.S. watchdog tightens its policies against the various services Read More
On the verge of the launch of the Shanghai Capella testnet by Ethereum developers this week, the Consensus Layer (CL) client teams discussed the progress of testing the upgrade on an All Core Developers Consensus Call (ACDC). Ethereum’s development team Read More
Hong Kong’s Securities and Futures Commission (SFC) has taken a new approach to the crypto industry. This new way to regulate the nascent sector could benefit the crypto market and bring a new wave of capital to the largest digital Read More
Amid the turmoil that the Securities and Exchange Commission (SEC) and the crypto industry have been involved in over the past few weeks, digital assets may see a step forward in regulatory relief. In particular, new legislation seeks to enhance Read More
According to a Bloomberg report, crypto exchange Binance is considering ending relationships with U.S. business partners. Allegedly the largest cryptocurrency exchange in the market is weighing the option of delisting tokens from any firms based in the U.S. jurisdiction due Read More
The U.S. government’s increased actions against the crypto industry recently. In a Twitter post, crypto exchange Coinbase addressed the Paxos-BUSD and Securities Exchange Commission (SEC) case and other essential items regarding the regulatory landscape for the industry. For investors, the Read More
