SEC Voluntarily Drops Charges Against Ripple Labs Executives
In a recent gesture, the United States securities watchdog dropped charges it lodged against the Ripple Labs executive duo. The Securities and Exchange Commission (SEC)...
Union Pressure Compels Pennsylvania to Scrap 2-year Mining Moratorium Provision
Representative Greg Vitali, the bill’s sponsor, incorporated a clause to subject miners to current reporting stipulations to have the bill ratified by a Pennsylvania House...
Crypto Firms Concerned that California’s Replicating BitLicense Requirements in New York Exist
California's crypto exchanges that were criticized or shifted owing to NewYork's 2015 BitLicense provide perspectives concerning the state's new regulation. California has imitated New York...
Coinbase VP Warns Taxing DeFi is Impractical
Tax vice president at US leading crypto exchange Coinbase, Lawrence Zlatkin, warned that implementing the proposal to change the taxation rule targeting decentralized finance is...
FTX Creditors Set for $9B Disbursement by Mid-2024
The bankrupt crypto exchange FTX unveiled a revised plan to return over 90% of creditors' claims. A recent pronouncement by the chief restructuring executive John...
Australian Treasury Set to Regulate Crypto Exchanges, Makes Operating License Mandatory
The Australian Treasury has, in a recent consultation paper, obligates crypto exchanges to obtain financial services licensing from the local regulator. The Monday, October 16...
Binance Crypto Exchange Halts Registering New UK Customers
The world's largest crypto exchange, Binance, continues to battle regulatory woes in the UK market, forcing it to halt onboarding new British users. Binance issued...
Venezuela’s Suited to ‘Special Crypto Utility’ Amidst Hyperinflation
Venezuela is moving to a ‘de-facto dollarization economy,’ thus contradicting cryptocurrency supporters’ claims. Owing to authoritarianism and hyperinflation, Venezuela has regularly been placed in a...
‘Crypto Aid Israel’ Introduced to Generate Funds Amid Gaza War
The organization intends to generate funds for affected Israelis since the war began in the area on Saturday. Additionally, Gazans are raising cryptocurrency. Amid the...
SEC Contend Coinbase Case Argument that Crypto Lacks’ Innate or Inherent Value’
In its argument to a federal judge, Wall Street's top cop emphasized the need to disregard a summary judgment request in its complaint. Concerning the...