Investors Sue Paradigm, Thoma Bravo, and Sequoia for Promoting FTX
Investors of FTX, a now-bankrupt exchange, have recently taken legal actions against equity firms and venture capitalists that funded the exchange, citing that they falsely...
UK Regulator Goes After Unlicensed Crypto ATMs
The United Kingdom's Financial Conduct Authority (FCA) has announced plans to crack down on crypto ATMs that are not registered. The authority says it recently...
Will India Profit from Crypto Market’s Increase?
Because of the shortage of intrinsic cash flows involved with digital assets like Ethereum and Bitcoin, they are yet to be considered financial commodities by...
Coinbase’s CEO Makes an Announcement to the SEC
Brian Armstrong, Coinbase's Chief Executive officer, has announced to the Securities and Exchange Commission that coinbase's staking services are not collateral and that the firm...
SEC Rejects Cboe BZX Exchange’s Application for Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has again denied providing regulatory approval to 21Shares – an issuer of exchange-traded notes (ETNs). Another entity...
El Salvador’s Restricted Utilization of Bitcoin (BTC) Avoids Foreseen Risks
At the beginning of February, the IMF announced a completed mission report concerning El Salvador and its budget. In addition, the International Monetary Fund visited...
Stellar Joins US CFTC’s Committee
Stellar Development Foundation (SDF), a non-profit organization, declared becoming a part of an exclusive advisory committee of the US Commodity Futures Trading Commission (CFTC). As...
Another Impressive Week for Central Banks’ Digital Currencies
This week a couple of major events have taken place in the Central Bank Digital Currencies arena; one of the first central banks, the central...
Digital Currency Group Halts Quarterly Dividends
Digital Currency Group (DCG), the company owned by Barry Silbert, disclosed that it was stopping its quarterly dividends till any additional notice. An email was...
Exploring the FBI’s Crackdown on Cryptocurrency Scams
Investigation into Silvergate Bank's Connections to the Crypto Industry FBI seizes $250,000 Crypto Investigation into Silvergate Bank's Connections to the Crypto Industry The Feds Fraud...