Crypto Lawyer to Bring Class Action Lawsuit Against Binance’s CZ
Moskowitz Law Firm has processed various class-action lawsuits for cryptocurrency investors. The firm is now working on a new petition for deposing former executive of...
US Judge Prohibits Changpeng Zhao From Exiting the United States
Judge Richard Jones wrote that the respondent has a lot of property and wealth out of the country and lacks links to the U.S. On...
BlackRock Shifts Risk to Crypto Market Makers to Ease Bank’s Participation
A review of a memo by the US Securities and Exchange Commission (SEC) discloses details of the meeting with BlackRock. The meeting in late November...
Kazakhstan Blocked 980 Unregistered Crypto Trading Platforms in 2023
The Financial Monitoring Agency of Kazakhstan recently noted that the firm has launched an investigation into 9 crypto firms for conducting illegal trading operations. These...
Binance Chief Richard Teng Attributes $4.3 Billion Settlement with Inadequate Compliance Controls
Binance's newly appointed chief, Richard Teng, expressed optimism in navigating the challenging chapter of the world's largest crypto exchange. Inadequate Compliance Controls Cost Binance $4.3...
France Bank Société Générale Unveils Euro-pegged Stablecoin
The euro-fixed stablecoin will be the first of its kind in the area, and the bank’s client base will use it for trading. Société Générale,...
Société Générale Stablecoin Débuts on Bitstamp Exchange
France's third-largest financial institution, Société Générale, confirmed on Wednesday, December 5 EUR CoinVertible stablecoin is debuting on the Luxembourg-based Bitstamp. The French lender detailed that...
New York Regulator Claiming Crypto ‘Lending Itself to Illegal Finance’
Adrienne Harris, NYDFS Superintendent, criticized crypto's 'secrecy component' by claiming it facilitates an environment for malicious actors. Adrienne Harris, New York State's financial regulator, asserted...
SEC Faces Loss in Recycled Case Against Kraken
Kraken is battling charges levelled by the SEC for selling cryptocurrencies. However, it appears to be a recycled version of a losing case. The legal...
South African Regulator May Issue Licenses to 36 Crypto Firms in December
Financial Sector Conduct Authority, the regulatory agency in South Africa, reportedly reviewed 128 licensing applicants for virtual asset services providers. However, the regulatory agency discussed...