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Regulation
Crypto needs regulatory clarity: Blockchain Association CEO
Kristin Smith, CEO of crypto industry group Blockchain Association is optimistic of crypto regulation this year.
She…
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Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda – Regulation Bitcoin News
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up…
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New York state announces another upgrade to its virtual currency monitoring capacity
The New York State Department of Financial Services (NYDFS) has announced enhancements to its ability to detect illegal activities with virtual currency among the entities its regulates. The new capacities are part of its efforts to keep…
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US SEC fines former NBA Star Paul Pierce $1.4M for crypto
The US SEC crypto crackdown does not seem to be fizzling out any time soon.
Former NBA star Paul Pierce has agreed to…
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Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry…
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence…
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ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’
Non-custodial crypto platform ShapeShift refuted United States Senator Elizabeth Warren’s claims of "illicit financing,” suggesting that she used the platform as a scapegoat to “push” her latest crypto bill, according to a recent…
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Sen. Warren to reintroduce AML bill extending to DeFi and DAOs
Senator Elizabeth Warren first introduced the AML Act of 2022 on December 15, 2022.
The first bill was read twice and…
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Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud – Regulation…
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The…
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SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset custodians in the future.The proposal,…
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SEC’s ruling on BUSD “makes no sense”
Stefan Rust, CEO of Truflation, says the SEC’s ruling about BUSD being a security has no sense legally.
The former…
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