US SEC Filing Final Reply in Ripple XRP Lawsuit
The securities watchdog in the US has submitted the final response to the lawsuit involving Ripple Labs. The Securities and Exchange Commission (SEC) submits that...
Traders Short Ether Following Grayscale Withdraw of Ether Futures ETF Bid
The decision by Grayscale Investments to pull its bid for Ether futures exchange-traded fund (ETF) draws attention to the short and long positions. The possibility...
Grayscale Withdraws ETH Futures ETF Application
Grayscale has withdrawn its Ethereum futures ETF application. The withdrawal took place two weeks after the legal deadline for the SEC to finalize a decision...
Robinhood Receives Wells Notice from the US SEC
The Securities and Exchange Commission of the United States is taking an enforcement action against the digital trading platform Robinhood. The regulatory agency is now...
Indian Law Enforcement Authority Busts Scam App with the Help of Binance
India is one the nations with the strictest regulations towards cryptocurrencies. Law enforcement agencies in the region have identified the E-Nuggets scam. This scam is...
DEF Lawyer Faults Inaccurate DOJ’s Tornado Cash Arguments Against Motion to Dismiss Case
The legal chief at DeFi Education Fund (DEF) faults the arguments the Department of Justice (DOJ) advanced to challenge a motion to dismiss the case...
Philadelphia-based Republic First Bank Closes, Fulton Bank Takes Over 32 Branches
The Federal Deposit Insurance Corporation (FDIC) announced on Friday, April 26, the closure of Republic First Bank with its 32 branches to reopen on Saturday...
Senator Elizabeth’s Letter Alleges Crypto a ‘Payment of Choice’ for Child Exploitation
US top lawmaker Elizabeth Warren urged the Department of Justice (DoJ) and Homeland Security to crack down on crypto usage in child exploitation. The Massachusetts...
Leading Democrat Lawmaker Maxine Waters Admits Readiness for Stablecoin Bill
A leading democrat disclosed that the US is set to have a stablecoin law later this year as the lawmakers edge closer to tabling the...
IRS Proposal for Tax Form Raising Concerns, Threatens to Erode Pseudonymity in Crypto
The US Internal Revenue Service (IRS) draft form states that the agency mandates self-custodial wallet addresses when decentralized finance (DeFi) users file taxes. The draft...