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...
Nym Chief Executive Warns Pursuing Encryption Backdoors Hurting UK
According to Harry Halpin, the United Kingdom's mandate will result in persons requiring privacy leaving the nation. The pursuit of encryption backdoors coincides with the...
Coinbase Completes AML Registration to Enter Spanish Market
The Anti-Money Laundering registration will permit Coinbase, a cryptocurrency exchange, to provide services to Spain’s institutional and retail investors. Spain’s central bank has provided Coinbase,...
Rep. Tom Emmer Reintroduces Privacy Bill to Stop Issuance of CBDC
Representative Tom Emmer recently brought up some concerns about the revocation of financial privacy from the Biden administration. He was referring to the introduction of...
Sam Bankman-Fried’s Parents Sued by FTX Bankruptcy Estate Alleging Embezzlement of Millions
The legal act aims to retrieve millions of dollars in supposedly misused funds from the parents of FTX’s ex-chief executive officer. FTX’s insolvency estate has...