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11-15-2024
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United States

SEC rejects Coinbase argument that ‘crypto’ needs new rules
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19 December, 2023

SEC rejects Coinbase argument that ‘crypto’ needs new rules

The SEC's rejection of Coinbase's plea for a new framework borders on its failure to include the "text or the...
Binance to SEC: stop using our admissions of guilt to prove we’re guilty
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15 December, 2023

Binance to SEC: stop using our admissions of guilt to prove we’re guilty

In an effort to salvage its integrity, Binance argued that its guilty plea shouldn't be taken as being a noncompliant...
Cantor CEO says he’s got Tether’s T-bills, so where’s the audit?
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14 December, 2023

Cantor CEO says he’s got Tether’s T-bills, so where’s the audit?

Howard Lutnick, the CEO of U.S. trad-fi giant Cantor Fitzgerald, declared himself "a fan" of Tether stablecoin partly because he...
Hex founder Richard Heart runs but can’t hide from SEC summons
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13 December, 2023

Hex founder Richard Heart runs but can’t hide from SEC summons

Three months after being charged with fraud, the U.S. securities regulator successfully served its summons against Heart, which was delayed...
US defense appropriations bill leaves out digital asset provisions
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11 December, 2023

US defense appropriations bill leaves out digital asset provisions

Amidst the scandals that rocked the 'crypto' space in recent months, the U.S. has yet to pass a meaningful regulation...
Do Kwon to be extradited to US from Montenegro: report
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11 December, 2023

Do Kwon to be extradited to US from Montenegro: report

Montenegro's "top justice official" privately said he plans to send Do Kwon to the U.S., where he is facing charges...
New Jersey bill eyes classification of digital assets as securities
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8 December, 2023

New Jersey bill eyes classification of digital assets as securities

While the proposed bill would not impact how the U.S. Securities and Exchange Commission oversees the digital asset space, its...
Bitzlato co-founder pleads guilty to money laundering, agrees to dissolve digital asset exchange
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8 December, 2023

Bitzlato co-founder pleads guilty to money laundering, agrees to dissolve digital asset exchange

In a proceeding before U.S. District Judge Vitaliano, Anatoly Legkodymov agreed to a plea deal dissolving Bitzlato and releasing any...
Binance’s Changpeng ‘CZ’ Zhao ordered to stay in US until sentencing
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8 December, 2023

Binance’s Changpeng ‘CZ’ Zhao ordered to stay in US until sentencing

On December 7, U.S. District Court Judge Richard Jones rejected CZ’s request to return to Dubai until his sentencing hearing...
US House committee passes bill promoting blockchain competitiveness
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8 December, 2023

US House committee passes bill promoting blockchain competitiveness

In a sign of cementing blockchain's limitless abilities, the U.S. House Committee on Energy and Commerce passed a new proposed...
SEC v Terraform Labs: Judge urged to decide whether digital assets are securities
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7 December, 2023

SEC v Terraform Labs: Judge urged to decide whether digital assets are securities

While the court may submit queries to the jury in resolving factual disputes, determining whether an asset is a security...
Binance tipped ‘VIP’ market-makers months before US legal settlement
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6 December, 2023

Binance tipped ‘VIP’ market-makers months before US legal settlement

Binance's U.S. lobbying spending didn't immunize itself from its legal woes, as more difficulties could arise following revelations that the...