Crypto Industry Weighs on FDIC’s Sexism and Strip Club Misconduct
As the FDIC prepares to appear before the Senate tomorrow, some industry leaders are questioning who will benefit from the row. A newspaper report published...
Bithumb Eyes IPO Listing on Korean Stock Market
Bithumb, a South Korean crypto exchange, has not verified the planned initial public offering date. Nevertheless, it disclosed to local media that it had recently...
Crypto Exchange OPNX Secures Lithuanian License for EU
The founders of the OPNX exchange, Kyle Davies and Su Zhu, have been successful in obtaining a virtual asset service provider license (VASP) from the...
Celsius Network Secures Repayment Plan Approval to Emerge From Bankruptcy
The embattled crypto lending firm Celsius Network announced the approval of its revised repayment plan submitted to the bankruptcy court. The bankrupt lender tabled the...
Senator Lummis Criticizes SEC Policies Towards Crypto
Senator Cynthia Lummis of Wyoming has expressed her displeasure with the recent actions taken by the Securities and Exchange Commission (SEC) against the crypto industry....
CFTC Chair Claims Crypto’s Leading Enforcement Agency
Rostin Behnam, CFTC’s chair, claimed he is pleased with the regulator hitting more crypto projects with enforcement interventions. The Commodity Futures Trading Commission (CFTC) is...
Bitfinex Customers Fall to Phishing Scam After Employee Faces Hack Attack
Bitfinex recently faced a phishing attack when one of the employees was hit with a phishing attack. However, the management of the crypto exchange has...
PayPal to Face SEC Scrutiny Over PYUSD Stablecoin
The United States Securities and Exchange Commission (SEC) is currently investigating PayPal's U.S. dollar-pegged stablecoin, which is known as PayPal USD or PYUSD. This information...
Backpack Unveils Cryptocurrency Exchange with Dubai Permit
Backpack, a crypto wallet firm, revealed it is introducing a ‘regulated’ exchange as it acquires a VASP permit from VARA. Backpack Exchange will begin in...
Congressional Regulator Claims SEC Requires Policymaker Consent Before Proceeding with Contentious Bulletin
Contentious crypto accounting guidance in a Securities and Exchange Commission’s bulletin is pending the Congressional Review Act. A congressional regulator said on Tuesday that agencies...