Regulation

SEC Ends Paxos Investigation, Declares BUSD a Non-Security

The U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into stablecoin issuer Paxos, signaling a significant win for the crypto market....

BitMEX Pleads Guilty to Bank Secrecy Act Violation

Cryptocurrency exchange BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to implement a robust Anti-Money Laundering (AML) program. This...

Nigerian Central Bank Accuses Binance of Unauthorized Transactions

The Central Bank of Nigeria (CBN) has accused cryptocurrency exchange Binance of performing unauthorized banking services. The allegations were presented in court on July...

North Carolina Governor Vetoes Popular CBDC Ban Bill

North Carolina Governor Roy Cooper recently vetoed a bill that aimed to prevent the state from implementing a Federal Reserve-issued central bank digital currency...

Bahamas to Mandate Bank Support for ‘Sand Dollar’ CBDC

The Bahamas is taking decisive steps to increase the adoption of its central bank digital currency (CBDC), known as the "Sand Dollar." Introduced in...

Circle Set with MiCA Compliance for Stablecoins in the EU

Circle has set a precedent by becoming the first global stablecoin issuer to comply with the European Union's Markets in Crypto-Assets (MiCA) regulatory framework....

SEC Sues Silvergate Capital Over Alleged Fraud Linked to FTX

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation, the parent company of a crypto-friendly bank, accusing...

GameStop Drops Roaring Kitty Fraud Lawsuit After Three Days

A GameStop investor who accused Keith 'Roaring Kitty' Gill of securities fraud has withdrawn his lawsuit just three days after filing it. The plaintiff,...

Hawaii’s Regulatory Sandbox for Crypto Companies Concludes Today

As of today, the state of Hawaii's regulatory sandbox for crypto companies, the Digital Currency Innovation Lab (DCIL), has officially concluded. Consequently, digital currency...

SEC Delays Ethereum ETF Launch Amid Comments

The anticipated launch of U.S. spot Ether exchange-traded funds (ETFs) has been postponed due to the U.S. Securities and Exchange Commission (SEC) requiring revisions...

Court Allows Most SEC Claims to Proceed in Binance Lawsuit

In a significant legal development, a U.S. court has allowed most of the claims made by the Securities and Exchange Commission (SEC) against Binance...

History Associates Joins Coinbase in FDIC Legal Battle

History Associates has partnered with Coinbase in a lawsuit against the United States Federal Deposit Insurance Corporation (FDIC) to compel compliance with a Freedom...