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...
PayPal Gets Regulatory Approval to Provide Cryptocurrency Services in UK
PayPal has gained a green light from the regulators in the UK regarding cryptocurrency services. However, the Financial Conduct Authority (FCA) has imposed some conditions...
MultiBank Group Brings TradFi Experience to Unveil Regulated Crypto Exchange
MultiBank Group has, in a recent statement, confirmed unveiling the regulated crypto exchange - MultiBank.io. The newly launched crypto exchange is set to offer top-tier...
Grayscale Bitcoin Trust Dwarfs Nvidia to Realize 220% Gain
Grayscale Investment pulled off another twist to erode the discounted pricing, leaving its shares (GBTC) surging 220% in 2023. A market observer indicated that GBTC...
VanEck Amends its Bitcoin Spot ETF Application
VanEck is one of the top financial institutions that have filed for a Bitcoin spot ETF application in the USA. However, the asset management firm...