Stablecoin Legislation is Imminent Despite the Risk of Government Closure
Congressperson Patrick McHenry disclosed to Circle’s Chief Strategy Officer and Head of Global Policy that, at present, things are complex. On Friday, Patrick McHenry, House...
SEC Fines Goldman Sachs $6 Million for Providing Inaccurate Information
Securities and Exchange Commission has assumed a strong stance against the blockchain industry. However, the regulator has now redirected its cannons at traditional financial enterprises....
Hong Kong to Introduce Laws and Guidance for Tokenized Stocks
Hong Kong has been working on becoming the new cryptocurrency hub for some time. The nation is set to issue a detailed legislative framework for...
Court Documents Show Terra’s Do Kwon Confessed Forging Trading Volume
According to SEC documents, Terra’s Do Kwon claimed he would not reveal anything. According to court documents by the United States Securities and Exchange Commission...
Circle Distances Stablecoins From Securities Label in SEC’s Case Against Binance
Despite arguing that BUSD and USDC are not securities, Circle amicus brief affirms its impartiality in the ongoing legal dispute. A court document filed Thursday...
Former SEC Chief Wants Criminal Charges Against Sam Bankman-Fried’s Parents
John Reed Stark a former SEC official has asked the existing management of the agency to bring charges against SBF’s parents. He served as the...
Celsius Network Creditors Vote in Support of $2 Billion Restructuring
Celsius Network restructuring plans received overwhelming support as the majority of creditors voted in support of the proposed reorganization. The approval granted by the creditor...
United States Legislators Urge SEC to Expedite Approval of Spot Bitcoin ETFs
The House Financial Services Committee members are expected to interrogate Gary Gensler during a September 27 hearing concerning SEC oversight. Four U.S. Congress members are...
Former Deutsche Bank Official Sentenced to 30 Years in Prison for Cryptocurrency Frauds
Department of Justice charged a former employee of Deutsche Bank with 30-years behind bars for running crypto scams. The agency has published a press release...
Trading Platform Rollbit Closes “Degen Exchange” Due to Legal Uncertainty
A major cryptocurrency exchange is shutting down its doors on account of legal uncertainty. Furthermore, the digital currency exchange has reported that its usage rates...